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Ontario regulator levies $200,000 in penalties for deception and churning

Agent and firm also penalized for allowing unlicensed activity and lying to investigators.

LIFE INSURANCE | June 06 2023 10:42AM
Ontario bans deferred sales charge segregated fund contracts June 1

Minister of Finance approves amendment to Unfair or Deceptive Acts or Practices rule.

SOCIETY | May 22 2023 10:00AM
Ontario convenes committee for auto insurance reform

Who’s who of insurance representatives to provide operational and technical advice.

P&C | May 15 2023 10:49AM
Provincial regulator proposes rule change reducing fees for self-regulator

New Self-Regulatory Organization of Canada already overseen by securities commission.

SOCIETY | May 05 2023 04:43PM
Former broker fined $30,000 for fraudulent activity

Unlicensed activity included bilking one high-risk driver for $4,800.

P&C | May 05 2023 10:51AM
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Ontario regulator publishes review of high-risk agents

Evidence suggests correlation between best practices and Insurance Act contraventions.

LIFE INSURANCE | May 04 2023 09:00AM
Ontario regulator publishes three-year business plan

Operational efficiencies a focus, alongside public interest, innovation and choice for consumers.

SOCIETY | May 02 2023 10:58AM