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Ontario insurance regulator fines wellness centre and principals for fraud

Levies $260,000 in sanctions in case reported by the Équité Association.

LIFE INSURANCE | January 26 2024 01:00PM
Regulator refuses license to agent who maintained policies for 70 fictitious clients

Proposed administrative penalty halved pursuant to a settlement agreement and undertaking.

LIFE INSURANCE | January 26 2024 10:28AM
Former agent refused license, agrees to never re-apply again

Elderly client’s beneficiary designation changed to name agent’s father.

INVESTMENT | January 22 2024 04:12PM
Ontario regulator issues guidance warning consumers about decumulation products

Insurance regulator points out that contracts are not annuities or pensions, despite claims.

INVESTMENT | January 15 2024 10:07AM
Ontario regulator sanctions former agent for coercion

Recruits told purchasing insurance was a condition of training enrollment.

LIFE INSURANCE | January 12 2024 04:36PM
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Segregated fund deferred sales charges targeted by Ontario regulator

Unfair or Deceptive Acts or Practices (UDAP) rule amended and sent to Minister for approval.

SOCIETY | January 10 2024 10:43AM
Most popular property and casualty insurance articles of 2023

The Insurance Portal invites you to read or re-read our ten most popular property and casualty insurance articles of 202…

P&C | December 26 2023 10:00AM