Registered Insurance Brokers of Ontario

Decision Information

Decision Content

Graydon C. Cragg

Registration Number:  R02426

Orillia, Ontario

 

HEARING DATE:  October 11, 2012

 

MISCONDUCT:  Ont. Reg. 991, s. 15(1)13

 

PARTICULARS OF THE COMPLAINT:

 

An investigation by RIBO staff concluded that Graydon C. Cragg as Principal Broker of G.B. Cragg Insurance Broker Ltd. may have knowingly concurred in the misconduct of the Corporation and may have provided the Corporation with false and misleading information.

 

DISCIPLINE COMMITTEE’S DISPOSITION:

 

The Discipline Committee accepted the plea of guilty by Graydon C. Cragg and based on the evidence adduced by RIBO in support of the plea of guilty found that Graydon C. Cragg is guilty of misconduct as alleged in the Direction.  The Discipline Committee therefore ordered:

 

(a)  That the Certificate of Registration of Graydon C. Cragg be changed to “Unrestricted Technical (Discipline Order)” as of October 11, 2012.

 

(b)  That a recommendation be made to the Qualification and Registration Committee that they not consider an application by Graydon C. Cragg to have the said restriction removed until after two years from October 11, 2012, and before it can be removed he must first attend a one week IBAO Advanced Broker Management Course and pass the RIBO “Unrestricted Management” Exam

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