HSBC fined after self-disclosing overcharges to regulator

Early resolution reached thanks to dealer’s “exceptional” cooperation.

INVESTMENT | January 05 2024 10:46AM
Alberta Insurance Council orders $145,000 civil penalty

Regulator finds agent initiated 29 life insurance applications containing false information.

LIFE INSURANCE | January 05 2024 10:44AM
Car dealership fined $85,000 for failing to remit warranty premium payments

Insurance council finds that Car Farmers intentionally failed to pay outstanding account.

P&C | January 04 2024 09:16AM
Industry advises Patented Medicines Pricing Review Board on new guidelines

Response to agency’s scoping paper encourages industry’s involvement in pricing review.

HEALTH | December 22 2023 10:52AM
Actuaries provide advice on managing volatility under IFRS 17

Impact of revised Life Insurance Capital Adequacy Test guidelines also examined.

LIFE INSURANCE | December 21 2023 10:38AM
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Government forms Canadian Drug Agency

Once established, agency is expected to take a greater role in Canada’s drug system.

HEALTH | December 20 2023 10:55AM
Photocopied signatures, pre-signed and altered forms costs agent $18,000

Supervision costs and fine imposed by firm adds $9,700 to regulator’s penalties.

INVESTMENT | December 20 2023 10:53AM