The Property and Casualty Insurance Compensation Corporation The Property and Casualty Insurance Compensation Corporation (PACICC), like the Canadian Life and Health Insurance Compensation Corporation, is a federally incorporated, industry-funded organization that protects Canadian insurance policy holders in the event of the financial failure of their property and casualty insurance company.
Les sociétés d’assurances IARD auxquelles une province ou un territoire a octroyé un permis sont tenues d’être membres de la SIMA, à quelques exceptions près.