Superintendent
of Surintendant des
Financial services
Services financiers
___________________________________________________________________________
REGARDING the Insurance Act, R.S.O. 1990, c. I.8, as amended, in particular sections 441.1, 441.2 and 441.3
AND REGARDING Gregg Tuckwell
ADMINISTRATIVE PENALTY ORDER
Gregg Tuckwell (“Mr. Tuckwell”) is licenced as an Other-Than-Life Insurance Agent (also known as a General Insurance Agent) under the Insurance Act (the “Act”). His licence number is 10115405.
On January 11, 2017, the Superintendent of Financial Services (“Superintendent”) issued a Notice of Proposal to Impose an Administrative Penalty (the “notice of proposal”) in the amount of $5,956 on Mr. Tuckwell. The Superintendent determined that Mr. Tuckwell contravened section 2(1) of Ontario Regulation 347/04 made under the Act by conducting business without being duly licensed, specifically during the period from July 22, 2014, to February 20, 2015.
Mr. Tuckwell requested a hearing before the Financial Services Tribunal in accordance with the Act. The hearing was conducted in person. In the decision dated November 15, 2017, the Tribunal directed the Superintendent to impose an administrative penalty of $5,956 on Mr. Tuckwell.
ORDER
Pursuant to section 441.3 of the Act, an administrative penalty of $5,956 is imposed on Gregg Tuckwell.
TAKE NOTICE THAT Gregg Tuckwell will be receiving shortly an invoice from Ontario Shared Services, a part of the Ministry of Government and Consumer Services, with information as to where and how to make the payment. Mr. Tuckwell must pay the administrative penalty no later than 30 days after the date of the invoice.
If Mr. Tuckwell fails to pay the administrative penalty in accordance with the terms of this Order, the Superintendent may file the Order with the Superior Court of Justice and the Order may be enforced as if it were an order of the court. An administrative penalty that is not paid in accordance with the terms of an order imposing the penalty is a debt due to the Crown and is enforceable as such.
DATED at Toronto, Ontario on the day of , 2017.
_____________________________
Anatol Monid
Executive Director
Licensing and Market Conduct Division
By Delegated Authority from
The Superintendent of Financial Services