What does FSCO mean in STATE & LOCAL
The Financial Services Commission of Ontario (FSCO) is a provincial regulatory body responsible for overseeing the financial services sector in Ontario. It was established in 1996 to oversee insurance, pensions, loan and trust companies, co-operatives and credit unions and caisses populaires in the province. FSCO's mandate is to protect consumers by ensuring that financial institutions and individuals comply with applicable laws.
FSCO meaning in State & Local in Governmental
FSCO mostly used in an acronym State & Local in Category Governmental that means Financial Services Commission of Ontario
Shorthand: FSCO,
Full Form: Financial Services Commission of Ontario
For more information of "Financial Services Commission of Ontario", see the section below.
Essential Questions and Answers on Financial Services Commission of Ontario in "GOVERNMENTAL»LOCAL"
What is FSCO?
The Financial Services Commission of Ontario (FSCO) is a regulatory agency of the Government of Ontario that regulates and provides oversight for the insurance sector within the province. FSCO also licenses, authorizes and regulates certain pension plans and administrators.
What does FSCO regulate?
FSCO has oversight over the insurance sector in Ontario including auto insurance, life and health insurance, private pension plans, home warranties, credit unions and caisses populaires.
Do I need to be licensed to work in the financial services industry?
Depending on the type of work you intend to do, licensing requirements may apply. It is important to contact FSCO before conducting any financial services business in Ontario as there may be licensing or authorization requirements that must be met.
Does FSCO provide consumer education materials?
Yes. FSCO provides educational materials to help inform consumers about various financial services related topics such as understanding their auto insurance policy or learning more about private pension plans.
How do I file a complaint with FSCO?
Complaints can be filed through the Online Service Centre found on the website at www.fsco.gov.on.ca/en/consumer-protection/complaints/Pages/defaults.aspx or by calling 1-800-668-0128 (TTY 1-800-268-7095).
Where can I find information about car accident benefits coverage in Ontario?
Information regarding car accident benefits coverage in Ontario are available through both our website at www.fsco.gov.on.ca/en/auto/Pages/default.aspx as well as from your insurer or broker who should provide you with relevant information when purchasing an automobile insurance policy in Ontario.
What steps should I take if I am involved in an automobile accident?
If you are involved in an automobile accident it is important that you take safety precautions first such as ensuring no one has been injured before taking steps to exchange information with other drivers and contacting authorities if necessary. It is also important that you notify your insurer as soon as possible after being involved in an automobile accident so they can review your policy details as required.
How is my auto insurance premium calculated? prices differ between providers?
Your auto insurance premium rate is determined based on several factors such as where you live, how far you drive, what model vehicle you have, prior driving history, etc.. Insurance prices may also differ between different insurers based on these factors and other variables such as coverage selection so it is important to shop around for quotes from multiple providers before making decisions.
FSCO also stands for: |
|
| All stands for FSCO |