By way of Ministerial Directive 01/11, the AIC has the delegated authority to interpret sections of the Insurance Act as they relate to insurance agents, brokers, and independent adjusters in the Province of Alberta.
The below are important Notices to the Profession and the Public as well as Guidelines on Professional Conduct relating to insurance certificate holders.
NOTICES TO THE PROFESSION AND THE PUBLIC
and
GUIDELINES ON PROFESSIONAL CONDUCT
| Notice | Certificate Holders | Issue Date | Effective Date |
|---|---|---|---|
| Notices to the Profession and the Public – Potential Occupations at Conflict with Duties of an Insurance Intermediary | Life Insurance Council General Insurance Council Insurance Adjusters Council All certificate holders in Alberta | September 2021 | September 2021 |
| Superintendent of Insurance – Interpretation Bulletin Number 02-2021 – Submitting Notices of Appeal of Insurance Council Decisions | Life Insurance Council General Insurance Council Insurance Adjusters Council All certificate holders in Alberta | February 26, 2021 | February 26, 2021 |
| Superintendent of Insurance – Interpretation Bulletin Number 03-2020 – Best Terms Pricing (to all licensed property insurers underwriting, condominium corporation insurance policies in Alberta) (information ONLY) | For information purposes to insurance intermediaries – Publication affects insurers | December 1, 2020 | December 1, 2020 |
| Notice to the Profession and the Public – Practice of Best Terms Pricing | General Insurance Council Brokers, general insurance certificate holders (levels 1, 2, and 3), restricted certificate holders | December 22, 2020 | March 1, 2021 |
| Notice to the Profession and the Public – Imposing Terms and Conditions on Certificates of Authority | Life Insurance Council General Insurance Council Insurance Adjusters Council All certificate holders in Alberta | December, 2020 | December, 2020 |
| Bulletin Number 02-2019 – Adoption of CCIR/CISRO Fair Treatment of Customers Guidance | Life Insurance Council General Insurance Council Insurance Adjusters Council All certificate holders in Alberta | June, 2019 | June, 2019 |
| CCIR/CISRO Fair Treatment of Customers Guidance | Life Insurance Council General Insurance Council Insurance Adjusters Council All certificate holders in Alberta | June, 2019 | June, 2019 |