Sector: Auto Insurance
FRS Rule: Fraud Reporting Service Rule
The Fraud Reporting Service Rule was approved by the Minister on June 3, 2025.
The Rule will take effect when the government has proclaimed the related changes to the Insurance Act into force and 15 days have passed after approval. FSRA will work with industry stakeholders and the Ontario government to ensure auto insurers have enough time to implement the changes before the Rule and Guidance take effect.
When it takes effect, the rule will help to better determine the amount of auto insurance fraud in the province, identify and address fraud trends and establish a baseline to be able to track and reduce the amount of fraud in the future.