The Financial Services Regulatory Authority (FSRA) of Ontario is cautioning consumers against doing business with Hero Life Insurance, which is not licensed to operate in the province.
Digital insurance marketplace RATESDOTCA reports that U.S. tariffs on Canadian products are expected to lead to increased insurance premiums for Ontario residents.
Many Ontario vehicle owners could soon see their insurance premiums rise, potentially affecting a wider range of vehicles than anticipated. The impact underscores the need for proactive measures to mitigate the financial burden.