True or False: The regulation of auto insurance is handled by the federal government in Canada and the US.

In both Canada and the United States, the regulation of auto insurance primarily falls under provincial or state jurisdiction rather than federal oversight. Each province in Canada has its own regulatory framework that governs insurance companies and their operations, including auto insurance. Similarly, in the United States, auto insurance is regulated at the state level, with each state having its own laws and regulations regarding coverage, rates, and disputes.

This localized approach allows regulations to be tailored to the specific needs and circumstances of residents in different areas, which can vary widely. Thus, stating that the federal government regulates auto insurance in either country is inaccurate, making the correct answer false.