Supervision, expectations examined in recent interprovincial regulatory panel discussion.
Agent files simplified application for insured in intensive care with a brain injury.
Alberta council levies $9,000 fine and suspends agent for 30 days.
Two separate cases end in monetary penalties for agents who ignored letters from council.
Failed to respond to demand for information about consumer complaint.
Fake information provided in 10 applications costs agent $50,000.
Regulator finds agent initiated 29 life insurance applications containing false information.