Provincial regulator levies fines in the millions for premium over-charges since 2010.

Proposed rule gets more detailed about roles and responsibilities in agent supervision.

The guidance requires robust controls on chargeback commissions.

Industry stakeholders react to Ontario’s proposals for regulating MGAs.

BC Financial Services Authority also levies financial penalties.

Those suspended may still provide care to accident victims but cannot bill insurers directly.

FSRA enforcement responses going forward will include education, remediation, monetary penalties, and licence revocation…