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A-32.1 - Insurers Act

Section 112
Disposition versions

Full text
112. The Authority may designate a natural person or a group as a restricted party if, in its opinion, that person or group is likely to receive preferential treatment to the detriment of the authorized insurer.
The Authority may review a designation at the request of the person or group designated or the insurer concerned.
Before making or refusing to review a designation, the Authority must give the natural person or group and the insurer concerned an opportunity to submit observations.
The Authority notifies the person or group designated and the insurer concerned of its decision on the designation or the review request, as applicable.
2018, c. 23, s. 3.
In force: 2019-06-13
112. The Authority may designate a natural person or a group as a restricted party if, in its opinion, that person or group is likely to receive preferential treatment to the detriment of the authorized insurer.
The Authority may review a designation at the request of the person or group designated or the insurer concerned.
Before making or refusing to review a designation, the Authority must give the natural person or group and the insurer concerned an opportunity to submit observations.
The Authority notifies the person or group designated and the insurer concerned of its decision on the designation or the review request, as applicable.
2018, c. 23, s. 3.
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