Retired agent fined $8,500 for own insurance lapse and for misleading regulator

Two administrative penalties levied by for failing to maintain business insurance and for providing misleading informati…

LIFE INSURANCE | June 23 2022 04:50PM
Regulator discloses service standards achieved in 2021

Insurance agent licensing applications processing falls below stated targets.

P&C | June 22 2022 04:08PM
Sun Life and Brookfield sell buy-in annuity contracts to Stelco plan

Deal valued at $1.331-billion reached in collaboration with Ontario regulator.

INVESTMENT | June 20 2022 10:52AM
The Canadian Institute of Financial Planning joins list of credentialing bodies

There are now four credentialing bodies in Ontario who can grant and oversee the titles of Financial Planner and Financi…

INVESTMENT | June 10 2022 09:20AM
Fraud and misrepresentation nets life agent fine and five-year ban

The agent made false and misleading statements and representations in the solicitation or registration of insurance poli…

LIFE INSURANCE | June 07 2022 03:13PM
Regulator revokes service provider’s license

The business failed to submit annual information returns, despite receiving multiple reminders about their obligations.

LIFE INSURANCE | June 07 2022 02:03PM
Storm prompts Ontario regulator to let insurers use out of province adjusters

FSRA said the measures were necessary to address the extremely high volume of insurance claims being submitted in the wa…

P&C | June 02 2022 03:54PM