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Statistics at a Glance - 2008

​Monitoring 2008

 
FSCO undertakes a number of monitoring activities as part of its regulatory functions. It conducts police background checks, compliance audits, and reviews complaints in the sectors it regulates.
 
Category (click titles for definitions)​ Q1​ Q2​ Q3​ Q4​ Cumulative Total
Continuing Education Audits (Life Agents) ​ 0​ ​0 ​0 ​0 ​0
Criminal Record Checks
(Life Agents, Applicants and Paralegals)​
​2,252 ​2,337 ​1,960 ​2,019 ​8,568
Complaint Reviews (Insurance Agents) ​ ​23 ​34 ​43 ​52 ​152
Complaint Reviews (Insurance Companies) ​ ​22 ​69 ​55 ​33 ​179
Complaint Reviews
(Paralegals/SABS Representatives) ​
​12 ​3 ​2 ​0 ​17
Complaint Reviews (Health Care Providers) ​ ​1 ​0 ​4 ​2 ​7
Onsite Compliance Exams (Insurance Companies) ​ ​1 ​1 1 ​0 ​3
Errors & Ommissions Insurance Audits
(Insurance Agents) ​
358 ​370 ​372 ​375 ​1,475
 

Investigations 2008

 
The purpose of an investigation is to gather evidence to support regulatory action, specifically a prosecution or administrative proceeding.
 
Category (click titles for definitions)​ Q1​ ​Q2 ​Q3 ​Q4 Cumulative Total
Investigations Initiated
(Contraventions Of The Insurance Act [New Window] / Unfair Or Deceptive Acts Or Practices) ​
Insurance Agents 14​ ​16 16​ ​9 55
Insurance Companies ​0 ​3 ​1 ​2 ​6
Paralegals/SABS Representatives ​0 ​0 ​0 ​0 ​0
Healthcare Providers ​0 ​0 ​0 0​ ​0