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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 (the “Act”), in particular sections 441.1, 441.2 and 441.3
AND REGARDING Curtis K. Caesar
ORDER TO IMPOSE AN ADMINISTRATIVE
MONETARY PENALTY
On July 10, 2017, the Superintendent of Financial Services (“Superintendent”) issued a Notice of Proposal to impose an Administrative Monetary Penalty in the amount of $1,500 on Curtis K. Caesar (“Mr. Caesar”) for failing to have errors and omissions insurance while licensed as an insurance agent for a period of eight (8) months, contrary to section 13 of Ontario Regulation 347/04.
On May 16, 2018, the Superintendent and Mr. Caesar entered into Minutes of Settlement in which Mr. Caesar agreed to pay the administrative monetary penalty within 6 months of the date he is given notice of this Order.
ORDER
An Administrative Monetary Penalty of $1,500 is imposed on Curtis K. Caesar, payable within 6 months from the date he is given notice of this Order.
TAKE NOTICE THAT Mr. Caesar must pay the administrative penalty no later than 6 months after being given notice of this Order. You 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.
If you fail to pay the Administrative Monetary 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 Monetary 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, May 30, 2018.
“Original signed by Anatol Monid”
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Anatol Monid
Executive Director, Licensing & Market Conduct
By delegated authority from the
Superintendent of Financial Services