Ontario Auto Insurance System Fails to Provide Fair Access: Regulator Finds Violations of Policy
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English: A recent study from the Financial Services Commission of Ontario (FSCO) has found that many Ontario auto insurance companies have been charging their customers too much for their coverage. The study found that several companies, including Intact Financial Corporation, have been overcharging customers for their insurance policies due to violations of the Ontario Insurance Act. The FSCO is currently working to ensure all insurance companies comply with the Fair Access to Insurance Rates Act. #OntarioAutoInsurance #FinancialServicesCommissionOntario #FairAccessToInsuranceRatesAct 🚗📊 Spanish: Un estudio reciente de la Comisión de Servicios Financieros de Ontario (FSCO) ha descubierto que muchas compañías de seguros de automóviles en Ontario han cobrado demasiado a sus clientes por su cobertura. El estudio encontró que varias compañías, incluyendo Intact Financial Corporation, han cobrado demasiado a los clientes por sus pólizas de seguro debido a violaciones de la Ley de Seguros
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English: A recent study from the Financial Services Commission of Ontario (FSCO) has found that many Ontario auto insurance companies have been charging their customers too much for their coverage. The study found that several companies, including Intact Financial Corporation, have been overcharging customers for their insurance policies due to violations of the Ontario Insurance Act. The FSCO is currently working to ensure all insurance companies comply with the Fair Access to Insurance Rates Act. #OntarioAutoInsurance #FinancialServicesCommissionOntario #FairAccessToInsuranceRatesAct 🚗📊 Spanish: Un estudio reciente de la Comisión de Servicios Financieros de Ontario (FSCO) ha descubierto que muchas compañías de seguros de automóviles en Ontario han cobrado demasiado a sus clientes por su cobertura. El estudio encontró que varias compañías, incluyendo Intact Financial Corporation, han cobrado demasiado a los clientes por sus pólizas de seguro debido a violaciones de la Ley de Seguros
