What's New at the Insurance Council - May 2021
Submitted by Victoria on May 27, 2021 - 9:28am
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PDF version What’s New at the Insurance Council | May 2021 |
| Annual Filing: Complete Your Filing by June 1, 2021 The deadline for annual filing for all licences is June 1, 2021. After June 1, licensees are subject to a $200 late fee or licences will be terminated automatically after August 3, 2021. Licensees can confirm that their annual filing is complete by logging into their online portal accounts and selecting View my licence record(s) from the Main Menu. Read More |
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| New Continuing Education Guidelines go into effect June 1 The Insurance Council introduced new Continuing Education Guidelines that will be in effect June 1, 2021. A recorded information session held this month will be made available on our website shortly. Read More |
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June 16, 2021 – Webinar for New Level 1 Salespersons Are you a new Level 1 Salesperson (licensed June 1, 2019, onwards) looking for information on your responsibilities and requirements? Join us for a free webinar on June 16 at 9:30-10:30 am. The webinar will cover licensee requirements, an overview of continuing education requirements, the temporary rule change on location restrictions, and licence renewal. Register here |
DISCIPLINE DECISIONS Carl Bernard Brodie was disciplined in April 2021 for breaching the Insurance Council's Rules by failing to notify the Insurance Council on various counts of lack of Errors & Omissions (E&O) insurance coverage, his authority to represent an agency had ended and previous disciplinary action by another regulator; and for failing to maintain E&O insurance coverage. Read More Allen Karl Radley Aniceto was disciplined in April 2021 for breaching the Insurance Council's Rules by failing to maintain E&O insurance coverage, as well as for failing to notify the Insurance Council that he was without E&O coverage during that time and that he no longer had the authority to represent a second agency that was on file. Read More |
