According to the decision, Primerica alleges that FSCO breached its commitment to “consult and communicate with course providers” before making changes to curriculum or exams required to licence life insurance agents. It also seeks a declaration that FSCO acted without authority when entering certain agreements. The allegations have not been proven. However, the court ruled that the case can go ahead. The court found that, without assessing the merits of the case, what the firm is seeking is declaratory relief, which it is entitled to do. “In my view, the analysis need go no further,” the decision says. “The applicant is entitled to proceed given the nature of the relief sought and this motion is dismissed.” Declaratory relief is typically sought to clarify legal status, it does not involve awarding damages. Investor sues advisor for not taking enough risk The Ontario Superior Court of Justice court has rejected a bid by the Financial Services Commission of Ontario (FSCO) to dismiss a case brought against the regulator by Primerica Life Insurance Co. of Canada. In Primerica Life Insurance Company of Canada v Financial Service Commission of Ontario, the court rejected FSCO’s motion to dismiss an application from Primerica, which seeks declaratory relief from the court. Closet indexing class action gets the go-ahead Related news James Langton Share this article and your comments with peers on social media Keywords LawsuitsCompanies Financial Services Commission of Ontario Facebook LinkedIn Twitter Court dismisses suit against BCSC
Nearly all regions followed the national trend when it came to new single-family home sales, except the west, where sales dropped 30 percent month-over-month. In the northeast, sales were up 20 percent; they rose nearly 31 percent in the Midwest and about 40 percent in the south.The increase comes as existing home sales fell for the second consecutive month and existing inventory grew slightly.New housing construction was also strong for the month. Housing starts surged 19 percent in March. Homebuilder sentiment rose this month with builders expecting strong activity from prospective buyers and in single-family sales.Contact Erin Hudson Over 1 million new units sold last month. (Getty)The pace of new single-family home sales skyrocketed last month.That figure jumped a stunning 20.7 percent month-over-month in March to 1.02 million units, according to the Census Bureau’s latest report on new residential construction. In comparison, February’s revised rate of sales was 846,000 units.The median sales price was $330,800, while the seasonally-adjusted estimate of new homes for sale at the end of March was 307,000, or a supply of 3.6 months based on the pace of sales.The report tracks single-family home sales by contracts signed or deposits paid for a sample of homes selected from building permits. (Of note: The Census Bureau says that this metric can be volatile, and that it takes about four months to establish a trend.)ADVERTISEMENTRead moreHome sales fall while prices reach all-time highPending home sales plunged nearly 11% in FebruaryHome price growth hits 15-year high Message* Full Name* Email Address*
ShareTweetShareShareEmail Related Items:Barca handball, RK Celje Pivovarna Lasko Recommended for you Barca celebrate new title with Joan Laporta HOT IN SLOVENIA! RK Gorenje win Slovenian derby after 8 years! Click to comment ShareTweetShareShareEmailCommentsBarcelona have won the second match a the Men’s EHF Champions League season 2020/2021. After Motor in Zaporozhye, team of Xavi Pascual has celebrated easy win over RK Celje Pivovarna Lasko 42:28 (21:14) in empty “Blaugrana” hall.The TOP scorer was Blaz Janc with seven goals.Barcelona: Moller 13 saves, Aleix Gómez (6, 1p), Mem(5), Cindric (3), Pálmarsson (2), Ariño (3), Fàbregas (4); Petrus, Frade (1), Mortensen (5, 1p), Dolenec (2), Janc (7), Langaro (3), Makuc (1), Raúl Entrerríos, Pérez de Vargas (ps).Celje: Ivic 3 saves. Novak (7, 5p), Mlakar (1), Leban (4), Sarac (5), Poteko, Horzen; Dragasevic, Cvetko (3), Mazej (1), Marguc (2), Grebenc, Kljun (2), Nacinovic (2), Kodrin (1), Vujovic (ps). EHF CL: New wins for Barca and Vardar Leave a Reply Cancel replyYour email address will not be published.Comment Name Email Website Save my name, email, and website in this browser for the next time I comment.