Financial Services Commission of Ontario

Decision Information

Decision Content

 
                        Superintendent of                                                          Surintendant des

                        Financial                                                                       services

                        Services                                                                       financiers         

 

___________________________________________________________________________

 

 

REGARDING the Insurance Act, R.S.O. 1990, c. I.8, as amended, in particular sections 392.4 and 407.1

 

AND REGARDING Hugh Ashley Myers

 

 

ORDER TO REFUSE LICENCE RENEWAL APPLICATION

 

 

On September 18, 2015, Hugh Ashley Myers submitted an application to renew his life insurance and accident and sickness insurance agent licence (#11122634) under the Act.

 

On February 24, 2016, the Superintendent of Financial Services (“Superintendent”) issued a Notice of Proposal (“Notice”) to refuse this application. Mr. Myers requested a hearing before the Financial Services Tribunal (“FST”) on March 10, 2016.

 

A hearing was held on August 17, 2016, before a three member panel of the FST.  Mr. Myers did not attend this hearing and the hearing was conducted in his absence.

 

On November 7, 2016, the FST ordered that the Superintendent carry out the notice.

 

 

 

                                                            ORDER

 

The application by Hugh Ashley Myers to renew his life insurance and accident and sickness insurance agent licence is hereby refused.

 

 

DATED at Toronto, Ontario, on                                           , 2016.

 

 

 

_______________________

Anatol Monid

Executive Director, Licensing and Market Conduct Division

 

By Delegated Authority from:

The Superintendent of Financial Services

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