Former agent fined for unlicensed activity and making false statements

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By The IJ Staff | July 2, 2021, 9:13 a.m.

A regulator fined a former insurance agent for allegedly creating fraudulent insurance documents for non-existent policies and knowingly providing falsified documents to his clients.

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ALBERTA INSURANCE COUNCIL (AIC)

Regulator sanctions agents who failed to respond to demand for information

Agent in the industry one year fined $1,000 for not cooperating with regulator

Regulator levies additional sanctions in case where advisors falsified information

Alberta Insurance Council orders $145,000 civil penalty

Disciplinary Decisions

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