An expert committee has recommended an overhaul of Ontario's regulatory structure
Jim Ruta, president, AdvisorCraft Media and Consulting, explains his view that life insurance is a distinct product offering that is already heavily regulated, and therefore new regulations are not required.
Advisors say the changes are long overdue
Insurance regulators are beginning to take a much more active approach in the area of consumer protection
The agreement will result in more consistent handling of consumer complaints, more effective risk surveillance and greater collaboration in addressing market conduct issues
IAIS welcome Malaysia and Quebec as signatories
Insurance regulator is not doing its job: Report
Reforms will require insurers to sell products to retail clients without commissions
The project is integrating the current Life Licence Qualification Program and Quebec programs
CLHIA report suggests policies could hinder ability of industry to make long-term investments