Insurance Act 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 and intermediaries.

Any person who carries on the business of an insurance agent, broker, adjuster 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 90-6: Uninsured Automobile and Unidentified Automobile Coverage Regulation
• Regulation 2003-15: Prohibited Underwriting Practices Regulation
• Regulation 2003-20: Injury Regulation
• Regulation 2004-139: Automobile Rating Classification Regulation
• Regulation 2004-140: Recently Licensed Driver Rate Reduction Regulation
• Regulation 2004-141: Fault Determination Regulation
• Regulation 2006-32: New Brunswick Insurance Board Regulation
• Regulation 2009-85: Levy Interest Rate Regulation
• Regulation 2012-52: Classes of Insurance Regulation
• Regulation 2012-53: Compensation Association Regulation
• Rule INS-001: Insurance Intermediaries Licensing and Obligations
• Rule INS-002: Insurance Fees