Superintendent
of surintendant des
Financial services
Services financiers
___________________________________________________________________________
REGARDING the Insurance Act, R.S.O. 1990, c. I.8, as amended (the “Act”), in particular sections 288.6 and 288.7
AND REGARDING Quality Acquired Brain Injury Services Inc.
ORDER TO REVOKE LICENCE
On October 20, 2015, the Superintendent of Financial Services (“Superintendent”) issued a Notice of Proposal (“Notice”) to revoke the service provider licence of Quality Acquired Brain Injury Services Inc. (licence #SP15299). The Superintendent is satisfied that Quality Acquired Brain Injury Services Inc. contravened the Act and Regulations made under it, by failing to submit its annual information return and failing to respond to multiple communications from the Superintendent, and accordingly is no longer suitable to hold a service provider licence.
On October 22, 2015, a copy of the Notice was sent to Quality Acquired Brain Injury Services Inc., which had 15 days after the Notice was served to request a hearing before the Financial Services Tribunal (“Tribunal”) in accordance with subsection 288.7(3) of the Act.
The Registrar of the Tribunal confirmed that, as of November 13, 2015, no request for a hearing has been received from Quality Acquired Brain Injury Services Inc. or anyone on its behalf.
Subsection 288.7(7) of the Act provides that the Superintendent may carry out the proposal to revoke the service provider licence when no hearing has been requested.
ORDER
Pursuant to subsection 288.7(7) of the Act, the service provider licence of Quality Acquired Brain Injury Services Inc. is hereby revoked.
DATED at Toronto, Ontario, 2015.
___________________________
Shonna Neil
Director, Licensing Branch
By Delegated Authority from:
The Superintendent of Financial Services