Canadian Underwriter

Keyword
Canadian Anti-Fraud Centre

News InsuranceLegalTechnology

Unlicensed entity selling false proof of auto insurance: FSCO

April 5, 2017 by Canadian Underwriter

The Financial Services Commission of Ontario (FSCO) has issued a warning to consumers that an organization known as Switzerland Imperial Bank AG, or S I B AG Corporation, is not licensed to conduct insurance business in Ontario. “Switzerland Imperial Bank

News InsuranceLegalMergers and AqcuisitionsTechnology

Canadians believe businesses working to protect personal information, but cybersecurity concerns linger: fraud survey

March 27, 2017 by Canadian Underwriter

There is a sharp drop in the number of Canadians expressing concern about identity theft this year compared to last year, and Canadian businesses are working to protect personal information of customers, a new survey conducted for the Chartered Professional

News InsuranceLegalTechnology

Half of polled Canadian businesses suspect or know their firms have been hit by fraud in last year

February 22, 2017 by Canadian Underwriter

New survey findings indicate a disconnect between how many Canadian businesses have experienced fraud in the last year and the high level of confidence among business and C-suite executives regarding their ability to prevent such incidents. Half of the Canadian

News InsuranceLegal

FSCO issues warning over mail scam conducted by unlicensed insurance company

February 10, 2017 by Canadian Underwriter

The Financial Services Commission of Ontario (FSCO) has issued a warning to consumers about a mail scam conducted involving an unlicensed insurance company called TD Insurance, Melohre Mannex. “Although this company may have a similar name to a licensed insurance company,

News InsuranceLegalMergers and AqcuisitionsTechnology

FSCO issues warning over spam email appearing to come from the regulator

December 22, 2016 by Canadian Underwriter

The Financial Services Commission of Ontario (FSCO) has issued a warning about a spam email using the fsco.gov.on.ca domain name and email address richard@fsco.gov.on.ca, which it said has been transmitting a computer virus to unsuspecting members of the public. The

News InsuranceLegal

FSCO warns insurers, consumers about mystery shopper scam

November 8, 2016 by Canadian Underwriter

The Financial Services Commission of Ontario (FSCO) is warning insurers and consumers about a “mystery shopper scam” being conducted by an entity that is using the name of a legitimate United States mystery shopping company, A Closer Look/A Closer Look

News InsuranceLegal

FSCO issues warning about mail scam conducted by Prudential Financial Clearing Services

August 30, 2016 by Canadian Underwriter

The Financial Services Commission of Ontario (FSCO) is warning consumers about a mail scam conducted by an unlicensed company, Prudential Financial Clearing Services. This company has issued notices advising recipients that they are among the winners of a U.S. Telecommunication

News InsuranceLegalMergers and AqcuisitionsTechnology

University of Calgary case highlights criminal demands for computer ‘ransom’

June 10, 2016 Steve Lambert - THE CANADIAN PRESS

Ransomware attacks, such as one that recently saw the University of Calgary pay cyber criminals $20,000 to unlock its computer systems, are on the rise around the globe. Government and industry experts say at small businesses, at hospitals and even