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Errors and omissions lapse costs agent $1,000

Coverage ended when he resigned from one firm, error not discovered until a year later.

SOCIETY | March 31 2023 04:44PM
Unresponsive agent fined for ignoring audit

Has to date not responded to demand for information or to subsequent report.

P&C | December 02 2022 10:43AM
Regulator waives penalty for cancelling business insurance while licensed

Agent not working in the industry, cancels errors and omissions insurance in violation of province’s Insurance Act.

P&C | November 16 2022 03:58PM
Agent fined $1,000 for not disclosing outside activities

Insurance council levies civil penalty for making false or misleading statements on renewal applications.

LIFE INSURANCE | November 15 2022 01:52PM
Agent sanctioned for false continuing education declaration

Failure to complete one course results in $750 fine.

LIFE INSURANCE | November 15 2022 07:57AM
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Former agent fined for failing to respond to audit while still licensed

Agent who decided not to renew still required to produce proof of continuing education while licensed.

LIFE INSURANCE | November 10 2022 03:20PM
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