FREE Membership Sign in

MENU

JavaScript is disabled in your browser.

In order visualise this page, please follow these steps.

Regulators issue range of penalties for continuing education infractions

Visibility360, PDF version to share

By Kate McCaffery | July 7, 2022, 10:30 a.m.

Flash | LIFE INSURANCE COUNCIL OF SASKATCHEWAN (LICS) | FINANCIAL SERVICES REGULATORY AUTHORITY OF ONTARIO (FSRA) | ALBERTA INSURANCE COUNCIL (AIC) | Regulation | Disciplinary Decisions

Across the country, regulators continue to sanction agents for failing to respond to audits and other continuing education transgressions.

This article is reserved to PRO Level subscribers

Discover the PRO Level

Advertisement

The most popular in Life Insurance

Pension risk transfer market volumes in 2023 match record

Whole life sales drove growth in the life insurance market in 2023

A veteran of the Client Management Software industry returns

Make your business shine with Visibility360!

Get a PDF version to share in your networks.

I'm interested

Headlines

Direct simplified issue offerings benefit advisors eventually

Income inequality gap widens in 2023

Your client’s concerns in 2024

Advertisement

Related topics …

Flash

Direct simplified issue offerings benefit advisors eventually

Harnesssing group insurance data: The Power of statistics

Race to insure electric vehicles could change the industry

Insurers boosted by simplified issue insurance sales

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

FINANCIAL SERVICES REGULATORY AUTHORITY OF ONTARIO (FSRA)

Ontario regulator publishes guidance for comment

Agency fined $20,000 for repeatedly allowing unlicensed activity

Ontario regulator publishes credentialling body exam results

Misleading insurance council results in small fine

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

Regulation

Quebec flood zone map raises concerns even before its release

National Flood Insurance Program promised again in budget

Mutual fund rep fined close to $1.7-million

Insurers likely to benefit from adding obesity drugs to benefits coverage

Disciplinary Decisions

Agent who defrauded retired couple banned from securities registration

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

Firm fined $1.5 million for failing to supervise trading activity

Repeat offender thrown out of the industry permanently