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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 Financial Institutions Commission (FICOM)
Saskatchewan Financial and Consumer Affairs Authority
Manitoba Financial Institutions Regulation Branch (FIRB)
Ontario Financial Services Commission of Ontario (FSCO)
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 www.sse.gov.on.ca/lat/english/Pages/default.aspx
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

FSCO: What's New in Auto Insurance

Superintendent's and Commissioner's Guidelines – 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) Information Bulletins



N/A

Newfoundland and Labrador

Superintendent of Insurance Bulletins


Public Utilities Board – Insurance Division: Auto Insurance Filing Guidelines
Prince Edward Island

Superintendent of Insurance – Other Information

Island Regulation and Appeal Commission (IRAC) – Information Bulletins

IRAC Filing Guidelines

If you notice a broken link, please contact webmaster@ibc.ca.

Updated May 8, 2017.