Announcements

The Financial Services Regulatory Authority of Ontario, FSRA, has initiated enforcement action against Leszek Dziadecki (Dziadecki) and Advantage Group of Finance Inc. (Advantage Group). FSRA alleges that Dziadecki is not suitable to be licensed under the Insurance Act, R.S.O. 1990, c.I.8 (Act) and

The Financial Services Regulatory Authority of Ontario (FSRA) is releasing its Annual Review Guidance and Benchmarks to ensure auto insurance rates remain fair and reasonable for consumers. FSRA uses these benchmarks to review insurance companies’ proposed rate changes and monitor trends in the auto

The Financial Services Regulatory Authority of Ontario (FSRA) is releasing the 2026 indexation amounts for auto insurance injury claims. These amounts are updated every year to ensure consumer benefit payments keep pace with inflation. The amounts being paid to auto accident victims for things like

FSRA Seeks Public Input on its proposed 2026-27 Statement of Priorities and five-year Strategic Framework. The Financial Services Regulatory Authority of Ontario (“FSRA”) is launching public consultations on its proposed 2026-27 Statement of Priorities and five-year Strategic Framework. “Public

To better protect consumers, the Financial Services Regulatory Authority of Ontario (FSRA) has revoked the licenses of Health Service Providers (HSPs) who did not comply with annual reporting obligations and did not pay their fees. “Compliance with filing requirements is not optional,” said

The Financial Services Regulatory Authority of Ontario (FSRA) has revoked the life insurance and accident & sickness insurance agent licence of Donald Newton Mason (Mason). Mason persuaded two vulnerable consumers to provide him with funds, allegedly for investment, and failed to repay or account

The Financial Services Regulatory Authority of Ontario (FSRA) is piloting a new Point-of-Sale program designed to make it easier and more convenient to buy auto insurance in the province. The program will make it possible for consumers to purchase auto insurance directly at the dealership from a

We are pleased to send you the December summary of key activities from the Financial Services Regulatory Authority of Ontario (FSRA). The newsletter is designed to help you quickly review key initiatives during the past month. Our goal is to provide you with relevant communications and information

The Financial Services Regulatory Authority of Ontario (FSRA) has initiated enforcement action against Higginson Equipment Inc. Higginson Equipment Inc. (Pension Plan Administrator) Higginson Equipment Inc. (Pension Plan Sponsor) Higginson Equipment Inc. (Pension Plan Employer) FSRA alleges that

The Financial Services Regulatory Authority of Ontario (FSRA) is continuing its partnership with Fintech Cadence to empower fintechs to grow and innovate responsibly within Ontario’s evolving financial services sector. “By working directly with fintech founders at critical stages of their growth, we