Car dealership fined $85,000 for failing to remit warranty premium payments

Insurance council finds that Car Farmers intentionally failed to pay outstanding account.

P&C | January 04 2024 09:16AM
Former licensee fined $1,500 for failing to maintain errors and omissions insurance

Regulator also issued reprimand for being kept in dark about prior discipline matter.

LIFE INSURANCE | August 30 2023 09:24AM
Alberta levies civil penalties for clear pattern of misrepresentation

Terminated agent sold policies tied to employment offers and reimbursed client premiums.

LIFE INSURANCE | July 03 2023 10:47AM
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
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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