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Agent sanctioned for failing to report errors and omissions insurance lapse

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By Kate McCaffery | Jan. 12, 2023, 3:55 p.m.

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

Regulator levies financial penalty and costs for violating by-law.

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LIFE INSURANCE COUNCIL OF SASKATCHEWAN (LICS)

Errors and omissions breach in Saskatchewan costs firm $740

Agent sanctioned for failing to report errors and omissions insurance lapse

Saskatchewan fines new agent for missing supervision certificates

Saskatchewan levies fine for errors and omissions coverage

Disciplinary Decisions

Insurance council orders close supervision after agent reported by company

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Forging client signatures results in three-month suspension and fine