FREE Membership Sign in

JavaScript is disabled in your browser.

In order visualise this page, please follow these steps.

Ontario regulator sanctions fraud convict for conducting unlicensed insurance activities

By Kate McCaffery | Feb. 23, 2022, 10:09 a.m.

The Financial Services Regulatory Authority of Ontario imposed an administrative penalty of $52,000.

This article is reserved to PRO Level subscribers

Discover the PRO Level

The most popular in P&C

Reinsurers expected to bear the financial brunt of Baltimore ship-bridge collision

Representative sanctioned for removing client from policy without authorization

Reinsurers perform strongly despite catastrophe losses in 2023

Make your business shine with Visibility360!

Get a PDF version to share in your networks.

I'm interested

Headlines

Quebec flood zone map raises concerns even before its release

Tips for increasing your firm’s value

Agent who defrauded retired couple banned from securities registration

Related topics …

Flash

Quebec flood zone map raises concerns even before its release

Tips for increasing your firm’s value

Ontario regulator publishes guidance for comment

Insurers pushing their limits in accelerated underwriting

P&C Insurance

National Flood Insurance Program promised again in budget

Embracing artificial intelligence is crucial for industry

BrokerLink closes three transactions

It was appropriate to move forward the purchase of ICPEI, says Valérie Lavoie

Automobile insurance

Commercial truck driver training lacking

Some Albertans prefer current “at fault” automobile insurance system

Electric vehicle drivers should expect to pay more for insurance

Insurance and collision repair industries being reshaped in the United States

SONNET

Swiss Re increases stake in Definity

Consumer sentiment scores show significant improvement

Definity boosts earnings in the first quarter of 2023

Definity's net income up 18 per cent in 2022

FINANCIAL SERVICES REGULATORY AUTHORITY OF ONTARIO (FSRA)

Agency fined $20,000 for repeatedly allowing unlicensed activity

Ontario regulator publishes credentialling body exam results

Misleading insurance council results in small fine

Regulator unveils supervision plan for property insurance managing general agencies

Regulation

Mutual fund rep fined close to $1.7-million

Insurers likely to benefit from adding obesity drugs to benefits coverage

Sanctions for pre-signed forms levied against former Fredericton rep

Firms, associations and reps weigh in on advisor compensation

Disciplinary Decisions

Agent who defrauded retired couple banned from securities registration

Missing continuing education, lapsed liability insurance nets $4,000 fine

Firm fined $1.5 million for failing to supervise trading activity

Repeat offender thrown out of the industry permanently