Announcements
Results 291 - 300 of 1180
Have your say: Draft Ontario Private Passenger Annual Review open for feedback!
Consultations
Auto Insurance
All
Ontario’s Financial Services Regulator (FSRA) is committed to making sure consumers have access to auto insurance rates that are fair and reasonable. To support this, FSRA is now consulting on the Draft Ontario Private Passenger Vehicles Annual Review. The Annual Review looks at auto insurance
FSRA issues notice of proposal against Jensen Ocampo
Enforcement Actions
Life and Health Insurance
All
Ontario's financial services regulator, FSRA, has initiated enforcement action against Jensen Ocampo (Ocampo). FSRA alleges that Ocampo repeatedly contravened section 2(2) of Ontario Regulation 7/00 (in force at the time) by paying a rebate of all or part of the premium stipulated by a policy to a
FSRA issues an order against Xylem Canada Company
Enforcement Actions
Pensions
All
Ontario’s financial services regulator, FSRA, has issued an Order against Xylem Canada Company (Xylem). Xylem contravened the Pension Benefits Act, R.S.O. 1990, c. P.8, and its regulations, by failing to submit regulatory filings for 2022 and 2023 relating to the Xylem Canada Company Pension Plan
FSRA issues notice of proposal against Ulrich Fabrice Avognon
Enforcement Actions
Life and Health Insurance
All
Ontario’s financial services regulator, FSRA, has initiated enforcement action against Ulrich Fabrice Avognon (Avognon). FSRA alleges that Avognon contravened the Insurance Act, R.S.O. 1990, c.I.8, as amended, and its regulations by committing an unfair or deceptive act or practice, namely being
FSRA welcomes new members to its Stakeholder Advisory Committees
Announcements
Cross Sector
For Industry
Ontario’s financial services regulator, FSRA, is pleased to announce the appointment of new members to its Stakeholder Advisory Committees (SAC) for the 2024-2026 term. The SAC process affirms FSRA’s commitment to maintaining an open, transparent, and collaborative approach that involves
Your 2024 FSRA Auto Attestation is here
Announcements
Auto Insurance
For Industry
Ontario’s Financial Services Regulator (FSRA) requires all licensed insurance companies in Ontario writing auto insurance to complete 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
FSRA Highlights, August 2024
Newsletters
Cross Sector
All
We are pleased to send you the August 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 to
FSRA imposes administrative penalties and a compliance order against Millicent Prince
Enforcement Actions
Mortgage Brokering
All
Ontario’s financial services regulator, FSRA, has imposed a compliance order and two administrative penalties in the total amount of $5,000 against Millicent Prince (“Prince”). Prince was previously licensed as a mortgage agent under the Mortgage Brokerages, Lenders and Administrators Act, 2006, S.O
FSRA imposes administrative penalties against Forest City Funding Inc. and William Handsaeme and suspends the license of William Handsaeme
Enforcement Actions
Mortgage Brokering
All
Ontario's financial services regulator, FSRA, has issued an Order imposing administrative penalties in the total amount of $75,000 against Forest City Funding Inc. (FCF) and an Order imposing an administrative penalty in the amount of $7,500 against Willian Handsaeme (Handsaeme). FSRA also issued an
FSRA imposes administrative penalties against Forest City Funding Inc. and William Handsaeme and suspends the license of William Handsaeme
Enforcement Actions
Mortgage Brokering
All
This item, issued on July 30, 2024, contains incorrect information about a contravention of 14.2 of Ontario Regulation 188/08. There was no contravention of this regulation. A correction has been issued. FSRA is committed to transparency. We have also undertaken an internal review of our processes