Announcements

The Financial Services Regulatory Authority of Ontario (FSRA), is changing how it oversees auto insurance to better protect consumers and support a competitive marketplace. The new model focuses on fair pricing, clear communication, and greater transparency. The new model also provides more

Ontario's financial services regulator, FSRA, has initiated enforcement action against Derek Chapman (“Chapman”). FSRA alleges that Chapman is not suitable to be licensed under the Insurance Act, R.S.O. 1990, c.I.8, as amended (the “Act”) and its regulations, because he is not of good character and

Ontario’s financial services regulator (FSRA) is releasing its 2025-28 Annual Business Plan (ABP). The plan sets out FSRA’s core strategy for the next three fiscal years. “FSRA plays a critical role in strengthening and instilling confidence in Ontario’s financial services sector,” said Dexter John

Ontario's financial services regulator, FSRA has obtained fines and orders against two unlicensed individuals who failed to comply with FSRA-issued summonses under the Insurance Act (Act). The Divisional Court of Ontario has ordered Kostyantyn Poshtarenko (“Poshtarenko”) and Anatolii Stoliar (

The Financial Services Regulatory Authority of Ontario (FSRA) requires all licensed insurance companies in Ontario to file the Annual Auto Insurance Attestation. FSRA makes this requirement under the authority of section 442.3 of the Insurance Act to promote high standards of business conduct. The

The Financial Services Regulatory Authority of Ontario (FSRA) has established a new Technical Advisory Committee (TAC) for Auto Insurance Fraud. This supports FSRA’s commitment to ensuring stakeholders have broad input into policy development and decision making. This technical advisory committee

Ontario's financial services regulator, FSRA, has initiated enforcement action against Gordon Kimberley Hinkson (Hinkson) and Ocean West Financial Group (Ocean West). FSRA alleges that Hinkson’s and Ocean West’s conduct affords reasonable grounds for belief that Hinkson and Ocean West are not

Seasoned risk and audit leader to advance operational excellence and enable FSRA’s strategy The Financial Services Regulatory Authority of Ontario (FSRA) today announced the appointment of Tracey Chinman, CPA, ICD.D as Executive Vice President, Corporate Services, effective September 17. In this

Ontario’s financial services regulator, FSRA, has imposed administrative penalties in the total amount of $133,500 on Daniel George Gordon (Gordon) and $150,000 on Gordon Wealth Management Limited (Gordon Wealth Management). Gordon contravened the Insurance Act, R.S.O. 1990, c I.8, as amended (the

We are pleased to send you the September 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