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Superintendent of Financial Services |
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surintendant des services financiers |
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REGARDING the Insurance Act, R.S.O. 1990, c. I.8, as amended, in particular sections 392.4 and 407.1
AND REGARDING Glenn A. Taggart
ORDER TO REFUSE LICENCE APPLICATION
On October 10, 2017, the Superintendent of Financial Services (“Superintendent”) issued a Notice of Proposal to Refuse Application regarding the insurance agent licence application of Glenn A. Taggart (“Mr. Taggart”). The Notice of Proposal was sent by regular mail and registered mail to the address listed as Mr. Taggart’s mailing address as it appears in the records maintained by the Superintendent.
Mr. Taggart had fifteen (15) days after service of the Notice of Proposal to request a hearing before the Financial Services Tribunal (“Tribunal”) in accordance with subsection 407.1(3) of the Insurance Act (the “Act”).
On November 7, 2017, the Registrar of the Tribunal confirmed that no request for hearing had been received from Mr. Taggart.
Subsection 407.1(7) of the Act provides that the Superintendent may carry out the proposal to refuse a licence when no hearing has been requested.
ORDER
The application for an insurance agent licence of Glenn A. Taggart is hereby refused.
DATED at Toronto, Ontario, , 2017.
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Heather
Driver
Director, Licensing and Market Conduct Division
By
delegated Authority from the
Superintendent of Financial Services