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Saskatchewan levies fine for errors and omissions coverage

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By Kate McCaffery | Oct. 5, 2022, 10:51 a.m.

Flash | LIFE INSURANCE COUNCIL OF SASKATCHEWAN (LICS) | Disciplinary Decisions

He failed to notify the insurance council upon discovering the failure to maintain the prescribed financial security requirements.

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LIFE INSURANCE COUNCIL OF SASKATCHEWAN (LICS)

Saskatchewan licensee receives small fine for failing to maintain liability insurance

Errors and omissions breach in Saskatchewan costs firm $740

Agent sanctioned for failing to report errors and omissions insurance lapse

Agent sanctioned for failing to report errors and omissions insurance lapse

Disciplinary Decisions

Agency fined $20,000 for repeatedly allowing unlicensed activity

Mutual fund rep fined close to $1.7-million

Missing continuing education, lapsed liability insurance nets $4,000 fine

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