Government of Saskatchewan
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Saturday, September 23, 2017
Financial and Consumer Affairs Authority

The Saskatchewan Insurance Act provides the legislative framework for the regulation of insurance companies and agents operating in Saskatchewan. All insurers operating in Saskatchewan, except those governed by other legislation, are required to comply with the Act.

The Superintendent of Insurance is responsible for the administration of the Act.  The Superintendent is responsible for regulating insurance companies, insurance agents and adjusters.
 
The Superintendent has delegated authority over agents and adjusters to the General Insurance Council, the Life Insurance Council and the Hail Insurance Council. The Superintendent’s delegation has the effect of making the Councils responsible to the Superintendent for:

  • licensing;
  • establishing bylaws;
  • conducting investigations and handling complaints; and
  • conducting hearings on agent and adjuster licensing and disciplinary matters.

The Superintendent hears appeals from decisions of the Councils regarding agent and adjuster licensing and disciplinary matters.



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