New supervisory framework for Ontario insurers published for comment

Regulator describes processes it will use for assessing the risk profiles of provincially incorporated insurance compani…

SOCIETY | July 06 2022 10:59AM
Regulator revokes agent’s license for improperly altering forms

Agent terminated in 2016 found to be unsuitable and responsible for documentation irregularities.

LIFE INSURANCE | July 04 2022 04:19PM
Policy trafficking in Ontario ends in $10,000 administrative penalty

Regulator issues compliance order, reduces planned $100,000 penalty after company disputes allegations.

LIFE INSURANCE | July 04 2022 10:46AM
Ontario regulator issues warning about Bermuda-based insurer

FSRA says it has been reported that the insurer is advertising the sale of insurance products in Ontario without a valid…

SOCIETY | June 30 2022 03:48PM
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