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Botched storage unit application leads to sanctions for agent, manager and firm

A regulator has issued fines after a general insurance agent botched an application for a storage insurance policy for t…

P&C | June 11 2020 12:04PM
Agency, former nominee fined for failing to disclose MFDA sanctions

A regulator has issued an order, fining a firm and a former nominee, for failing to disclose the firm’s history of sanct…

LIFE INSURANCE | May 29 2020 11:42AM
Insurance council suspends agent charged with fraud, identity theft

An insurance council has issued a decision and order suspending an agent’s level 1 salesperson license. Charges of ident…

LIFE INSURANCE | May 21 2020 02:00PM
Agency loses appeal, must pay insurance council $20,000 plus costs

After unsuccessfully appealing an intended decision of an insurance council, a firm and a licensee must pay $20,000 and …

LIFE INSURANCE | May 20 2020 12:25PM
B.C. insurance council fines, suspends former agent for failing to disclose bankruptcies

The Insurance Council of British Columbia has fined a former agent and suspended his license after he failed to disclose…

LIFE INSURANCE | May 08 2020 10:05AM
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B.C. insurance council fines new agent who left the business

The Insurance Council of British Columbia has published its intended decision fining a former agent, following an invest…

LIFE INSURANCE | May 06 2020 12:35PM
Insurance Council upholds decision to fine agent for missing CE credits

A Financial Services Tribunal has concluded that a fine imposed in February 2019 against a B.C general and life insuranc…

LIFE INSURANCE | April 16 2020 09:53AM