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Ignoring regulator’s demand for information costs former agent $1,000

Alberta Insurance Council levies highest penalty available against agent who failed to respond to a formal demand for in…

P&C | September 09 2022 10:00AM
Misunderstanding errors and omissions requirement ends in $1,000 fine for agent

Regulator states that corporate policy not appropriate coverage for sole proprietor.

P&C | September 08 2022 03:31PM
Alberta council issues fine for failing to respond to demand for information

Agent had errors and omissions insurance in place but failed to respond to audit in a timely manner.

P&C | September 08 2022 10:27AM
Agent fined $5,000 for issuing false pink cards for his own insurance policy

Agency dismisses agent for cause after false liability card discovered for uninsured driver.

P&C | September 06 2022 09:39AM
False continuing education declaration costs agent $1,500

Audit nabs agent who declared coursework that was never completed with stated course providers.

P&C | September 02 2022 04:56PM
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Alberta regulator levies $105,000 fine for taking client funds

Former agent terminated for engaging in fraudulent activity by altering client banking information to reflect his own.

LIFE INSURANCE | July 22 2022 03:11PM
Sanctions levied for unlicensed activity in storage unit insurance program

Tied selling also contrary to the professional standards expected by Manitoba regulator.

P&C | July 14 2022 02:28PM