p42 s1 bill 42 b042 e.pdf

Ontario — Bills

1ST SESSION, 42ND LEGISLATURE, ONTARIO ELIZABETH II, 2018 Bill

An Act to amend the Automobile Insurance Rate Stabilization Act, 2003 and the Insurance Act with respect to ending discrimination in automobile insurance Mr. P. Gill Private Member’s Bill 1st Reading October 15, 2018 2nd Reading 3rd Reading Royal Assent EXPLANATORY NOTE The purpose of the Bill i s to enhance the marketplace and to encourage more consumer choice in the area of automobile insurance.

The Bill amends the Automobile Insurance Rate Stabilization Act, 2003 to require the Superintendent of Financial Services to rescind Bulletin A-01/05 which sets out factors to be included in a risk classification system of an insurer under that Act.

The Bill also amends the Insurance Ac t to require the Lieutenant Governor in Council to amend Regulation 664 (Automobile Insurance) of the Revised Regulations of Ontario, 1990 made under this Act so that a risk classification system prohibits insurers from using factors primarily related to t he postal code or telephone area code for the residence of a person who would be an insured person under a contract. It also requires the Financial Services Regulatory Authority of Ontario to make a rule to the same effect. Bill

An Act to amend the Automobile Insurance Rate Stabilization Act, 2003 and the Insurance Act with respect to ending discrimination in automobile insurance Her Majesty, by and with the advice and consent of the Legislative Assembly of the Province of Ontario, enacts as follows: AUTOMOBILE INSURANCE RATE STABILIZATION ACT, 2003

Section 2.1 of the Automobile Insurance Rate Stabilization Act, 2003 is amended by adding the following subsection: Presumption, no indicators of residence of insured person

(7.1) For the purposes of clauses 3 (5) (a), 7 (7) (

a) and 7.1 (1) (a), the Superintendent shall rescind Bulletin A - 01/05, as it reads on th e day this subsection comes into force, which sets out factors to be included in a risk classification system of an insurer. INSURANCE ACT 2

(1) Paragraph 34.1 of subsection 121 (1) of the Insurance Act is amended by adding “subject to subsection (1.1)” at the beginning.

(2) Paragraph of subsection 121 (1) of the Act is amended by adding “subject to subsection (1.1)” at the beginning.

(3) Paragraph 36.1 of subsection 121 (1) of the Act is amended by adding “subject to subsection (1.1)” at the beginning.

(4) Section of the Act is amended by adding the following subsection: Restriction, risk classification system

(1.1) The Lieutenant Governor in Council shall amend Regulation 664 (Automobile Insurance) of the Revised Regulations of Ontario, 1990 made under this Act , as that Regulation reads on th e day this subsection comes into force, so that a risk classification system prohibits insurers from using factors primarily related to the postal code or telephone area code for the residence of a person who would be an insured person under a contract. 3

(1) Paragraph of subsection 121.0.1 (1) of the Act is amended by adding “ Subject to subsection (1.1)” at the beginning.

(2) Paragraph of subsection 121.0.1 (1) of the Act is amended by adding “ Subject to subsection (1.1)” at the beginning.

(3) Section 121.0.1 of the Act is amended by adding the following subsection: Restriction, risk classification system

(1.1) The Authority shall make a rule so that a risk classification system prohibits insurers from using factors primarily related to the postal code or te lephone area code for the residence of a person who would be an insured person under a contract. COMMENCEMENT AND

SHORT TITLE Commencement 4

(1) Subject to subsection (2), this Act comes into force on the day it receives Royal Assent.

(2) Section comes into force on the day

section of

Schedule to the Stronger, Fairer Ontario Act (Budget Measures), 2017 comes into force.

Short title The

short title of this Act is the Ending Discrimination in Automobile Insurance Act, 2018.

Document details

Collection	Ontario — Bills
Citation	p42 s1 bill 42 b042 e.pdf
Type	bill
Volume / chapter	p42 s1 bill 42 b042 e.pdf
Language	en
Format	json
Source	PROVINCIAL
Identifier	253520e35633115e04dcdb547addae83fde7df72

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