Poulain, John
December 7, 2012
Regulatory
Body: Insurance Council of Manitoba
Decision Maker: Life Insurance Council
Council determined that this Life Insurance Agent be fined $250.00 and assessed partial investigation costs of $250.00 for failure to maintain errors and omissions coverage in violation of Section 371 (1.1) Liability Insurance Required and Section 372.1 (2) Notice to Superintendent, of The Insurance Act of Manitoba; Section 12 (1) Liability Insurance – Life, Accident and Sickness, of Insurance Agents and Adjusters Regulation 389/87; and Section 4 – Professionalism, of the Life Insurance and Accident and Sickness Agent's Code of Conduct.
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