Which of the following is NOT a law regulating insurance in Canada?

The Insurance Protection Act is not recognized as a law regulating insurance specifically in Canada. The other options are established regulations that play significant roles in the insurance landscape within the country.

The Insurance Companies Act governs the operation of insurance companies and ensuring they comply with financial and operational guidelines. The Highway Traffic Act primarily deals with the rules for road use and vehicle operation but also interacts with insurance through requirements for liability coverage for drivers. The Compulsory Automobile Insurance Act mandates that drivers have a minimum level of insurance coverage, reinforcing the legal requirement for insurance in the context of vehicle operation.

Understanding these distinctions is critical for anyone studying insurance regulations in Canada, as it highlights which acts are designed to protect consumers and ensure the viability of insurance providers.