Former rep fined for withholding premiums from insurer

An insurance council imposed the maximum fine permitted in the case.

P&C | March 26 2021 11:30AM
Alberta Insurance Council levies maximum penalty against former agent

A former general insurance agent was fined after intentionally omitting relevant claim, conviction and payment history f…

P&C | March 08 2021 12:05PM
Former agent fined $6k for failing to remit client premiums

A regulator has slapped a former general agent with pay civil penalties after he failed to remit premiums to an insurer,…

P&C | February 08 2021 01:00PM
Terminated agent fined for misappropriating funds

A regulator is fining a former life agent the maximum penalty after the agent allegedly misappropriated client funds for…

LIFE INSURANCE | December 21 2020 01:00PM
Repeat offender slapped with $5,000 fine

An insurance agent is being fined by the Alberta Insurance Council again, after he allegedly made changes to a client’s …

LIFE INSURANCE | October 20 2020 01:16PM
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Agent fined for filing an application for an insured who was already injured

A regulator has fined $5,000 for submitting an accident insurance application for a proposed insured who was already inj…

LIFE INSURANCE | October 20 2020 12:12PM
Insurance council suspends agent over lost CE certificates

A regulator has fined and suspended a former life accident and sickness insurance agent after he was unable to provide p…

LIFE INSURANCE | October 09 2020 01:17PM