Insurance Companies Act

CRSTL’s databases are designed to help Property and Casualty (P&C) and Life insurers (and reinsurers) comply with all laws, regulations and guidelines that govern their businesses in Canada, including applicable content from OSFI's Guidelines, and Advisories, as well as provincial and territorial market conduct laws.
Our databases for all insurers include:

• Tailored coverage of the Insurance Companies Act for domestic and foreign branch insurers
• Applicable legislation and regulations for each of Canada’s 13 provinces and territories.
• Core market conduct requirements for automobile, life, fire, accident and sickness, hail, weather, livestock and marine insurance.
• Requirements relating to the remittance of sales tax on insurance premiums, insurance premiums taxes, and unclaimed property obligations.
• Obligations relating to agents, adjusters, and brokers.
• Requirements for corporate governance, business and powers, capital structure, ownership, investments, capital adequacy, self-dealing and company administration and regulation.
• Requirements from all relevant OSFI Guidelines.
• Ancillary legislation such pertaining to lobbying, electronic commerce transactions, human rights legislation, and more.

To see the cost benefits of using CRSTL's legal databases and workflow solution, take a moment to calculate your Return On Investment with our ROI Calculator.