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| November 17, 2008: CCIR and CISRO report on Incidental Selling of Insurance released... |
The Canadian Council of Insurance Regulators (CCIR) and The Canadian Insurance Services Regulatory Organization (CISRO) have posted their report on the Incidental Selling of Insurance.
While failing to recommend a regulatory ban on post-claim-underwriting (a practice code named as "Claim Investigation" where, in the words of the report "they (the insurers) validate the different elements of a claim, including the validity of the answers provided to the eligibility questions" (highlighting of text is not part of the report but was added for for focus)
The report is available for download and viewing at: http://www.ccir-ccrra.org/CCIR/publications/ISI - Incidental Selling of Insurance/CCIR CISRO INCIDENTAL SELLING OF INSURANCE REPORT Nov 2008EngFinalReport.pdf
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