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Insurance council levies civil penalty against former agent

He was found to have acted as an insurance agent while unlicensed.

LIFE INSURANCE | January 24 2022 10:14AM
Agent fined $5,000 to settle misrepresentation allegations following client policy lapse

The client learned that she had no insurance with the insurer when she called its client services department.

LIFE INSURANCE | January 05 2022 03:25PM
Course code error and insufficient continuing education credits lead to sanctions

Despite his efforts to obtain the required number of CE hours, the council still found an agent made a false or misleadi…

LIFE INSURANCE | November 16 2021 05:00PM
Continuing education audit leads to flurry of sanctions

The Alberta Insurance Council levied sanctions against at least six different agents, alleging the agents failed or refu…

LIFE INSURANCE | November 16 2021 02:25PM
Former agent fined $110,000 for theft and fraud

She admitted to requesting payments from clients before depositing those payments into her personal bank account and for…

P&C | October 21 2021 04:00PM
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Inappropriate coverage leads to agent’s suspension

A client reported that the agent coerced her into increasing insurance coverage beyond what was necessary and entered fr…

LIFE INSURANCE | August 25 2021 09:22AM
Former adjuster fined in Alberta for failing to disclose Ontario sanctions

He was previously a registered insurance broker in the Greater Toronto Area.

P&C | August 05 2021 01:00PM