Annual Report 2023 - 17

Federal Focus
Natural
Catastrophes
Leading industry
response to implement
CCIR's recommendations
Auto Theft
Participated in
focus groups with
government, police
and manufacturers
Bank Act
Continued advocacy
at the Federal level
Provincial Focus
Auto Rates
Provided feedback on
FSRA's 2024/25 Auto
Insurance Supervision Plan
Addressing new business
rates being lower than
renewal rates
Auto Reform
Submitted comments on
Ministry of Finance Auto
Reform efforts
Developed broker
training for new OPCF 49
endorsement
Licensing
Harmonization
Contributed to updated Broker
Competency Profile and
competency mapping
Provided broker education
licensing content to regulators
Take All Comers Rule
Broker Licensing
Participating in RIBO L1 exam
update testing and review
Postal Code Rating
Consulted with Ontario
Government on the need
for a new approach
Liaised with RIBO and FSRA on
industry interpretation of regulation
Hosted training and provided
guides for IBAO Members
Developing working group on
nuances of TAC for Commercial
vehicles
Automated
Commercial Vehicles
Participated in MTO's
proposed test case for
commercial vehicles
MGA Regulation
Market Availability
Participated in ongoing
discussions with CAMGA,
RIBO and FSRA on the
future of MGA regulation
In continuous dialogue
with Ministry of Finance on
Commercial segments
17
Annual Report 2023

Table of Contents for the Digital Edition of Annual Report 2023
