Service Provider Licensing - Proposed Amendment to O. Reg. 89/14 (Service Providers - Listed Expenses)
Ontario Regulation 89/14 (Service Providers – Listed Expenses)
Regulation - LGIC
Bill or Act:
Summary of Decision:
The amendment to Ontario Regulation 89/14 (Service Providers - Listed Expenses) has been approved.
September 30, 2014
Summary of Proposal:
Licensed service providers will not be able to invoice claimants directly - they will receive direct payment from insurers. The proposed amendment will allow licensed service providers to seek payment for outstanding accounts directly from claimants in prescribed situations (where a full and final settlement has been reached and signed between the insurer and the insured person that includes these amounts).
Insurance Policy Unit
Financial Institutions Policy Branch
Ministry of Finance
95 Grosvenor Street
Frost Building North, 4th Floor
December 1, 2014