Latest sanction the result of misleading regulators about firm’s ownership and control.

Insurance council’s annual declaration audit correspondence ignored.

He admitted to outside business activity that was not approved of by his firm.

Council assesses partial investigation costs when agent leaves clients uninsured.

Agent’s actions “diametrically opposed” to insurer’s policies and cancellation requirements.

Supervision, remedial course work and costs follow decision to “help” client.

Decision says regulator made a point of not re-prosecuting case from another province.