Insurance Regulators

Property and casualty (P&C) insurance companies in Canada are regulated by federal and/or provincial regulators, called Superintendents of Insurance.

Federally, the Office of the Superintendent of Financial Institutions (OSFI) regulates the solvency and financial soundness of most P&C insurance companies.

Provincially, individual Superintendents of Insurance license insurance companies, regulate insurance products and market conduct (underwriting, rating, claims, and marketing practices), and regulate solvency and financial soundness of the companies incorporated in their province.

Region	Regulator (Superintendent)
Canada	Office of the Superintendent of Financial Institutions (OSFI)
Alberta	Alberta Superintendent of Insurance
British Columbia	BC Financial Services Authority (BCFSA)
Saskatchewan	Financial and Consumer Affairs Authority
Manitoba	Financial Institutions Regulation Branch (FIRB)
Ontario	Financial Services Regulatory Authority of Ontario (FSRA)
Quebec	Autorité des marchés financiers (AMF)
New Brunswick	Financial and Consumer Services Commission
Nova Scotia	Office of the Superintendent of Insurance
Newfoundland and Labrador	Superintendent of Insurance
Prince Edward Island	Office of the Superintendent of Insurance
Northwest Territories	Office of the Superintendent of Insurance
Nunavut	Office of the Superintendent of Insurance
Yukon	Office of the Superintendent of Insurance
Inter-jurisdictional	Canadian Council of Insurance Regulators (CCIR)

Additionally, there are administrative tribunals and utility boards that supervise auto insurance rates.

Region	Administrative Tribunals / Utility Boards
Alberta Automobile Insurance Rate Board	www.airb.alberta.ca
British Columbia Utilities Commission	www.bcuc.com
Saskatchewan Rate Review Panel	www.saskratereview.ca
Manitoba Public Utilities Board	www.pub.gov.mb.ca
Ontario Licence Appeal Tribunal	https://slasto-tsapno.gov.on.ca/lat-tamp/en/
New Brunswick Insurance Board	www.nbib-canb.org
Prince Edward Island Regulatory and Appeals Commission	www.irac.pe.ca/insurance
Nova Scotia Utility and Review Board	https://nsuarb.novascotia.ca
Newfoundland and Labrador Board of Commissions of Public Utilities	www.pub.nl.ca

Insurance regulators issue bulletins, notices or guidelines on various issues affecting the P&C insurance industry. The following jurisdictions make these bulletins and guidelines available online.

Insurance Regulator by Region	Insurance Regulator Bulletins/Notices	Insurance Regulator Guidelines
Canada	Table of Advisories by Category (last column captures those applicable to P&C) Of interest: Notice to Consumers Regarding Foreign Insurers	Table of Guidelines by Category (last column captures those applicable to P&C)
Alberta	Superintendent of Insurance Bulletins, Notices and Enforcement Activities	N/A
British Columbia	Information Bulletins and Notices for Insurance Companies	Guidelines for Insurance Companies
Saskatchewan	Saskatchewan Rate Review Panel	N/A
Manitoba	Public Utilities Board Notices Regarding Manitoba Public Insurance;	N/A
Quebec	AMF - Insurance and Deposit Institutions	Guidelines for P&C Insurance
Ontario	FSCO: Property and Casualty – Auto Bulletins FSCO: Insurance Bulletins FSRA: Auto Insurance Sector News	Superintendent’s Guidance – Auto Insurance
New Brunswick	Notices and Bulletins Issued by Financial and Consumer Services Commission (FCNB) New Brunswick Insurance Board (NBIB) Information Bulletins	N/A
Nova Scotia	Superintendent of Insurance Information Bulletins	Nova Scotia Utility and Review Board (NSURB) (auto insurance bulletins and rate filing requirements)
Newfoundland and Labrador	Superintendent of Insurance Bulletins	Public Utilities Board – Insurance Division: Auto Insurance Filing Guidelines
Prince Edward Island	Island Regulation and Appeal Commission (IRAC) – Information Bulletins	IRAC Filing Guidelines

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Updated October 6, 2020.