Announcements

To further protect accident victims and promote trust in Ontario’s auto insurance system, FSRA conducted proactive supervision of health service providers (HSPs) and is releasing the results of its reviews. FSRA’s supervision of HSPs focuses on the billing and business practices for auto insurance

The Financial Services Regulatory Authority of Ontario (FSRA) has initiated enforcement action against K. Banx Mortgages Ltd. (K. Banx), Fahima Kashani (Fahima), Soheil Kashani (Soheil), and Daniel Kashani (Daniel). FSRA alleges that K. Banx contravened the Mortgage Brokerages, Lenders and

The Financial Services Regulatory Authority of Ontario (FSRA) requires all licensed insurers in Ontario to file the Annual Auto Insurance Attestation. The CEO or most senior officer responsible for operations in Ontario must attest that the insurer complies with provincial laws and regulatory

The Financial Services Regulatory Authority of Ontario (FSRA) has initiated enforcement action against Mckasey Samuel Cadore (Cadore). FSRA alleges that Cadore is not suitable under the Insurance Act, R.S.O. 1990, c.I.8, as amended because he has demonstrated incompetence or untrustworthiness to

The Financial Services Regulatory Authority of Ontario (FSRA) has issued orders to refuse to renew the mortgage broker licence of Joel Kelman (Kelman), to revoke the mortgage brokerage licence issued to 13648486 Canada Inc. operating as Quick Cash Mortgage (QC Mortgage), and to impose three

We would like to extend our sincere thanks to Ali Salahuddin as he steps down from his role on our Board of Directors, effective July 15, 2026. Since joining the Board in 2024, Ali has provided thoughtful guidance, strategic insight, and steadfast support to the organization. His contributions have

The Financial Services Regulatory Authority of Ontario (FSRA) has refused to renew the life insurance and accident & sickness benefits insurance agent licence issued, and imposed administrative penalties in the total amount of $10,000 on Erykah Nelson (Nelson). Nelson contravened the Insurance Act

The Financial Services Regulatory Authority of Ontario (FSRA) has refused to renew the life insurance and accident and sickness insurance agent licence issued to Leszek Dziadecki (Dziadecki), and revoked the corporate insurance agent licence issued to Advantage Group of Finance Inc. (Advantage Group

The Financial Services Regulatory Authority of Ontario (FSRA) has initiated enforcement action against Trapper Goldsmith (Goldsmith). FSRA alleges that Goldsmith is not suitable to be licensed under the Insurance Act, R.S.O. 1990, c.I.8 (Act) because he has demonstrated incompetence or

The Financial Services Regulatory Authority of Ontario (FSRA) has refused to renew the mortgage broker licence of Masoud Asnafi (Asnafi) and imposed administrative monetary penalties in the total amount of $95,000 on him and $10,000 on Approved Mortgage Brokers (AMB) an unlicensed entity controlled