Regulation - LGIC
Ontario Regulation 40/10
Regulation Number(s):
Ontario Regulation 40/10
Instrument Type:
Regulation - LGIC
Bill or Act:
Insurance
Summary of Decision:
This regulation amends Regulation 777/93 to make appraisals under section 128 of the Insurance Act mandatory for property damage claims where requested by the insured; thereby eliminating the need for the insurer’s agreement.
Further Information:
Ontario Regulation 40/10
Proposal Number:
10-MOF013
Posting Date:
March 22, 2010
Summary of Proposal:
This regulation amends Regulation 777/93 to make appraisals under section 128 of the Insurance Act mandatory for property damage claims where requested by the insured; thereby eliminating the need for the insurer’s agreement.
Contact Address:
Cathryn MacFarlane
Senior Manager
Industrial and Financial Policy Branch
Ministry of Finance
95 Grosvenor Street, Frost North, 5th floor
Toronto ON M7A 1Z1
Senior Manager
Industrial and Financial Policy Branch
Ministry of Finance
95 Grosvenor Street, Frost North, 5th floor
Toronto ON M7A 1Z1
Effective Date:
September 1, 2010
Decision:
Approved