Reminder: New Insurance Act comes into force July 1, 2012!


We know that you are probably weary of this news already and promise that this will be the last time we bother you with it. But do please remember that the new BC Insurance Act (and regulations) come into force July 1, 2012 and there are some pretty significant changes to the current regime (in Alberta too, for that matter).

For the last time, here is a link to the new BC Insurance Act (with changes outlined in red), along with the new BC regulations. In addition, we have put together a step-by-step guide on how to prepare for July 1, 2012 and a paper that offers a more detailed analysis on the most substantial changes to BC’s Insurance Act.