Announcements

Ontario's financial services regulator, FSRA, has imposed an administrative penalty in the amount of $100,000 on Kostyantyn Poshtarenko (Poshtarenko). Poshtarenko contravened sections 392.2(6) the Insurance Act, R.S.O. 1990, c.I.8, as amended and section 2(1) of Ontario Regulation 347/04 by acting

Ontario’s financial services regulator, FSRA, is warning consumers that Wangro Antoun (“Antoun”), operating out of the Greater Toronto Area and Windsor, is not licensed to conduct insurance business in the province. FSRA recommends consumers avoid purchasing insurance, including auto insurance, from

Ontario’s financial services regulator (FSRA) is taking a critical step to help combat the effects of auto insurance fraud, with its proposed Fraud Reporting Service (FRS) Rule and Guidance. If approved, the FRS Rule will require auto insurers to provide specific auto insurance fraud information to

For the Financial Services Regulatory Authority of Ontario (FSRA), protecting consumers is at the heart of everything we do. To protect consumers, FSRA first needs to understand them. That’s why FSRA is committed to listening to Ontarians through consumer research, consultations, and engagement. By

Ontario’s financial services regulator (FSRA) has released its Q4 2024 Solvency Report for Defined Benefit Pension Plans, revealing that the median solvency ratio remained stable at 122 per cent, an increase of one percentage point over the last quarter. Throughout 2024, the median solvency funded

Ontario's financial services regulator, FSRA, has imposed five (5) administrative penalties in the total amount of $30,000 on Ismail Ayyoub (Ayyoub). Ayyoub contravened section 3 of Ontario Regulation 187/08 by: Failing to take reasonable steps to ensure that 5 mortgages he presented to borrowers

On this page Welcome message FSRA reports Q4 2024 Solvency Report New information and processes Call for new members to join FSRA’s Stakeholder Advisory Committee for Pensions Updates and reminders Pension Awareness Day 2025 Submission of Applications and Annual Filings on the Pension Services

FSRA implements temporary measures allowing adjusters to process insurance claims more quickly Ontario’s financial services regulator (FSRA) is implementing temporary measures to help insurers in the province process the high volume of claims being submitted in the wake of the recent ice storm in

FSRA issues licences to insurers and agents to ensure suitable individuals and businesses sell or provide financial products and services to the public. This helps to instill confidence in the sector and protects consumers from harm. Maintaining this standard is a shared responsibility between FSRA

Total cost and performance information would align with that in the securities sector Ontario’s financial services regulator (FSRA) is taking steps to better protect and inform life insurance customers with individual variable insurance contracts (segregated fund contracts). FSRA has submitted the