Standard Filing Process
TORONTO OCTOBER 9, 2019 - On October 9, 2019, the new Standard Filing process will be in effect.
The Financial Services Regulatory Authority of Ontario (FSRA) is delivering on its priorities for 2019-20 to provide regulatory changes that will lead to more consumer choice, and greater competition for auto insurance customers in Ontario.
FSRA is committed to protecting the public interest, and this change, among others, will foster innovation, competition, customer choice and market stability for Ontario auto insurance consumers.
New Standard Filing will significantly reduce the time and burden associated with rate filing applications for private passenger auto insurance that enables insurers to be more responsive to current market conditions, compete more vigorously for customers and make auto insurance pricing more fair and accurate.
Learn more: Standard Filing
If you have any questions or need more information, contact us at email@example.com.
Effective June 8, 2019, FSRA assumed regulatory duties of the Financial Services Commission of Ontario and the Deposit Insurance Corporation of Ontario. Learn more about FSRA and its approach to achieving safety, fairness and choice in non-securities financial services at www.fsrao.ca.