Announcements

Ontario's financial services regulator, FSRA, has revoked the insurance agent licence of Nakhwattie (Debbie) Somai (Somai). Somai repeatedly failed to provide requested information to FSRA and breached a licensing condition by not facilitating an examination by FSRA, contrary to sections 442.3(3)

Ontario's financial services regulator, FSRA, has revoked the insurance agent licence of Robert Randall Hawken (Hawken) and the corporate insurance agent licence of Dufferin Insurance Group (DIG). Hawken, the sole Director of DIG, and DIG are no longer suitable to be licensed under the Insurance Act

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

FSRA seeks public feedback on proposed rule for life and health managing general agents (L&H MGAs) Ontario’s financial services regulator (FSRA) is proposing a new rule to better protect consumers and strengthen oversight of life and health insurance managing general agents (L&H MGAs). It will also

Ontario's financial services regulator, FSRA, has initiated enforcement action against Jonathan Matthew Warden (Warden). FSRA alleges that Warden failed to respond to FSRA inquiries within the required period and failed in his duty to provide prompt, complete information, contrary to sections 442.1

The Financial Services Regulatory Authority of Ontario (FSRA) is pleased to announce the appointment of Dexter John as its new Chief Executive Officer, effective March 1, 2025. Dexter John brings more than 25 years of leadership experience in founding and managing organizations, governance, risk

Ontario’s financial services regulator, FSRA, is committed to being transparent and collaborative to ensure that stakeholders have broad input into our policy development and decision making. Part of this approach includes seeking advice from subject matter experts who make up our technical advisory

With the release of its third Health Service Provider Supervision Plan, Ontario’s financial services regulator, FSRA, is taking decisive action to ensure fair outcomes for motor vehicle accident victims. When a person is injured in a motor vehicle accident and seeks medical treatment from a licensed

Ontario’s financial services regulator (FSRA) is currently seeking feedback on proposed guidance which outlines the conditions under which team names can be used by mortgage agents and brokers in advertising. This proposed guidance is part of FSRA’s ongoing efforts to ensure clarity and

Ontario's financial services regulator, FSRA, has revoked the insurance agent licence of Minh Anh Nguyen (Nguyen). Nguyen provided falsified documents to an insurer and misappropriated client funds contrary to the Insurance Act, R.S.O. 1990, c.I.8, as amended (Act). Nguyen’s conduct constituted