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
Agents sanctioned following annual audit

Errors and omissions insurance audit conducted by regulator results in penalties for inactive and retiring agents.

LIFE INSURANCE | July 13 2022 04:44PM
Regulators issue range of penalties for continuing education infractions

Across the country, regulators continue to sanction agents for failing to respond to audits and other continuing educati…

LIFE INSURANCE | July 07 2022 10:30AM
Former life agent fined for falsifying documents, taking client funds

Her former agency provided evidence to corroborate the claim that she deposited a client’s funds into her own personal b…

LIFE INSURANCE | June 03 2022 05:05PM
Failed continuing education audit ends in fine for agent

It was found that the agent made a false or misleading statement when a request for information was sent to him by an in…

SOCIETY | May 10 2022 10:16AM
Alberta Insurance Council sanctions multiple agents

A range of penalties were levied against several agents for failing to respond to the regulator’s demand for information…

SOCIETY | April 19 2022 10:30AM