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This HyperArticle™ is appropriate for all insurance brokers.
It appeared in BC Broker magazine in October 2019
and was updated in November 2024.

Overview

This HyperArticle™ provides an overview of the legislative and regulatory landscape governing the insurance industry in British Columbia. It details how laws and regulations are made at the provincial level, the roles of various regulatory bodies like the BC Financial Services Authority and the Insurance Council of BC, and key statutes impacting insurance contracts, market conduct, and consumer protection. You’ll learn about the legal framework you operate within, your responsibilities regarding client privacy and ethical conduct, and the resources available for compliance and dispute resolution.

When you’re ready, please go to the first content section…

Course Content

How Laws and Regulations are Made
Regulatory Overview: The Players
Statutes that Influence the Insurance Contract
Statutes that Affect Market Conduct
Privacy Legislation
Additional Consumer Protection
Emergency Preparedness
The Role of Licensees
Law and Order
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