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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 392.5 and 407.1
AND REGARDING Paula Dawn Stewart
Paula Dawn Stewart (“Ms. Stewart”) is a licensed life insurance and accident and sickness insurance agent (licence #17156635) under the Act.
Ms. Stewart and the Superintendent of Financial Services (the “Superintendent”) have entered into Minutes of Settlement regarding allegations made against Ms. Stewart by London Life Insurance Company.
The Minutes of Settlement dated May 31, 2018 state that Ms. Stewart agrees that she made a material misstatement or omission in the application for a licence in contravention of section 8(b) of Ontario Regulation 347/04. s. Stewart agrees that her life insurance and accident and sickness insurance agent licence shall be suspended for a minimum of 11 months from the date of the Order, and may only be reinstated from this suspension upon successful completion of an ethics course approved by the Superintendent.
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ORDER
The life insurance and accident and sickness insurance agent licence #17156635 of Paula Dawn Stewart is suspended for a minimum 11 months from the date of this Order.
DATED at Toronto, Ontario on the date of June 8th, 2018.
“Original signed by Heather Driver”
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Heather Driver
Director, Licensing
By Delegated Authority from
The Superintendent of Financial Services