Insurance Acts and Regulations
The Insurance Act of New Brunswick exists to govern the people and companies that provide insurance products, and to protect the consumers who buy insurance. The Act is administered through regulation, oversight, and licensing of insurers.
Any person who carries on the business of an insurance agent, broker, adjuster or damage appraiser in New Brunswick, whether or not that person is a resident of the province, must have a valid licence issued under the Act. This applies to all insurance business, whether it is done in person, in writing, over the telephone or online.
Please contact the Consumer Advocate for Insurance if you are seeking general information on insurance issues, assistance in finding insurance or advice on dealing with a claim.
The Insurance Act of New Brunswick
- Regulation 83-197: Licence and Examination Fees for Agents and Brokers
- Regulation 84-73: Licence Revival Fee
- Regulation 85-11: Damage Appraisers
- Regulation 90-6: Uninsured Automobile and Unidentified Automobile Coverage
- Regulation 94-142: Assessment
- Regulation 95-5: Agents and Brokers
- Regulation 2003-15: Prohibited Underwriting Practices
- Regulation 2003-20: Injury
- Regulation 2003-36: Life Insurance Agent Licensing
- Regulation 2004-139: Automobile Rating Classification
- Regulation 2004-140: Recently Licensed Driver Rate Reduction
- Regulation 2004-141: Fault Determination
- Regulation 2006-32: New Brunswick Insurance Board
- Regulation 2009-52: Adjusters
- Regulation 2009-85: Levy Interest Rate
- Regulation 2012-52: Classes of Insurance
- Regulation 2012-53: Compensation Association