Supervision, expectations examined in recent interprovincial regulatory panel discussion.

Insurance Council of Saskatchewan levies same penalty in each case.

Agent fined after failing to maintain errors and omission insurance.

He must pay $1000 plus costs.

Misconduct includes failing to inform regulator about missing errors and omissions insurance coverage.

Saskatchewan insurance council imposes penalty after firm fails to disclose legal actions commenced.

No financial penalties levied in agreement between council, agent and his firm.