New regulatory requirements for managing general agencies in British Columbia
Notice seeks to clearly define an MGA’s compliance responsibilities
Proposed rule changes in B.C. would see a junior insurance advisor operate under a supervisor for at least two years
ICBC wants to make it easier for MGAs to report bad agents directly to the regulators
A provincial regulator, the Insurance Council of British Columbia, has published what some in the insurance industry consider to be a sneak preview to the national regulatory report on the distribution of life and health insurance that’s due later this month. (See story above.) “If you look at the ICBC paper, to a great extent, […]
The Insurance Council of B.C. revoked the registration of Trillion Financial in B.C. referring to “ongoing risk”