FREE Membership Sign in

JavaScript is disabled in your browser.

In order visualise this page, please follow these steps.

Fraudulent transactions land agent $1,000 fine

By The IJ Staff | Sept. 2, 2020, 12:30 p.m.

A general insurance agent has been fined $1,000, assessed costs and ordered to complete courses after she transferred and insured a vehicle under the name of a person she had not met.

This article is reserved to PRO Level subscribers

Discover the PRO Level

The most popular in P&C

Non-life market profitability set to improve strongly in coming years

Definity launches usage-based insurance offering

Independent financial brokers respond to West Coast insurance council fee hike

Make your business shine with Visibility360!

Get a PDF version to share in your networks.

I'm interested

Headlines

Ontario seeks feedback on permanent target benefit pension framework

Generalized anxiety disorder prevalence doubles since 2012

Profitable but unsuitable recommendations results in sanctions

Related topics …

Flash

Ontario seeks feedback on permanent target benefit pension framework

Profitable but unsuitable recommendations results in sanctions

Canada performs poorly in exercise ranking seniors’ care

Client complaint about forged signature leads to trouble with regulator

P&C Insurance

PC Insurance and Loblaw aim to expand in auto and home Insurance

Definity launches usage-based insurance offering

Digital technology and artificial intelligence boost innovation in the insurance market

Personalized insurance coming for users of car subscription service

Automobile insurance

Regulator imposes $600,000 in administrative penalties

Regulators declare national insurance awareness day

Application programming interface standards published by industry working group

Large number of Ontario drivers believe auto insurance fraud is prevalent

INSURANCE CORPORATION OF BRITISH COLUMBIA (ICBC)

Licensee reprimanded with $1,000 penalty for inaccurate insurance form execution

Misappropriation of $300,000 results in five-year ban from registration

Using a former client’s credit card to process her own business ends in three-year ban

Agents face fines and license suspensions for medical insurance fraud

INSURANCE COUNCIL OF BRITISH COLUMBIA (ICoBC)

Credit card fraud leads to three-year license suspension

Lapse in errors and omissions insurance renewals lands former licensee $2,000 fine

Former licensee fined $1,500 for failing to maintain errors and omissions insurance

Independent financial brokers respond to West Coast insurance council fee hike

Disciplinary Decisions

Regulator revokes license for fraud, demonstrated untrustworthiness

Missed renewal reminders land life agent in hot water

Funds advisor slapped with $25,000 fine for unbecoming business conduct

Regulator comes down hard on insider trading with $15,000 fine

Fraudulent transactions land agent $1,000 fine

Choose your payment method

Confirmation

Make your business shine with Visibility360!