Small business overconfidence is a broker's opportunity - Insurance Business

A former mortgage broker has agreed to a $40,000 fine in connection with an alleged fraud scheme that prompted a complaint to regulators. In a statement released on Thursday, the Financial Services Regulatory Authority of Ontario (FSRA) wrote that it entered into a settlement with Paramjeet Kaur, who was a licensed broker with Trillium Mortgage Services Inc. until March 31, 2026 when her licence expired.

The Supreme Court of Newfoundland and Labrador has certified a class action on behalf of passengers on board Air Canada Flight AC 2259 which landed hard at Halifax in December of 2025 after the plane’s landing gear collapsed. The flight had taken off from St. John’s International earlier that evening, and officials at YYT later confirmed that debris was found on one of its runways after the flight took off. They wouldn’t say at the time whether the discovery was related to the incident at Halifax. The class action names Air Canada, Provincial Aerospace Ltd, St. John’s International Airport Authority and the Halifax International Airport Authority, all of whom have consented to certification. Stephen Barnes of Bob Buckingham Law says they want to understand what went wrong that night and make sure that passengers have an opportunity to be fairly compensated for what they went through. The case will examine whether the defendants met their responsibilities for aircraft safety, runway safety and emergency response, and whether any failures caused injury or loss to passengers.