News from OIC, ACORD Solutions Group, Lemonade Foundation and more. (Photo: Shutterstock)
Financial Services Regulatory Authority of Ontario released its first insurance rule. The Unfair or Deceptive Acts or Practices Rule, which was recently approved by the Minister of Finance, applies to insurers of life & health and property & casualty, including auto, risks and related providers of goods and/or services. The rule will be effective April 1, 2022.
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