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Responsibilities | Insurance
Overview
The Insurance Department is responsible for the day-to-day regulation of private sector insurers operating in British Columbia.
Things We Do:
- ensure that insurers are properly authorized;
- supervise insurers and address solvency concerns with their operations;
- address statutory market conduct issues;
- maintain a timely and efficient registration system for insurers and captive insurance companies;
- work with other jurisdictions to effectively deal with cross jurisdictional regulatory problems.
Things We do Not Do:
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