Coverage connected to Quebec, with verified short holdings, original analysis and links to the underlying sources. A publication date isn't the same as a decision date. The dates below identify which is shown.
3 verified publications. Showing the 3 most recent.
Québec's financial markets tribunal approved a settlement revoking Yanick Tessier's life insurance representative certificate and imposing a $21,000 administrative penalty on October 16, reported by the AMF on October 21. Evidence established that he secretly paid premiums for 36 contracts and made misleading representations, underscoring agent disclosure and insurer oversight duties.
The Quebec Superior Court dismissed a cottage collapse claim after the insured failed to prove that a peril listed in the policy, rather than accumulated snow and ice, caused the loss.
Quebec’s financial regulator says a follow up inspection of Matcha Assurance found that earlier deficiencies had not all been corrected and that new breaches had appeared. The resulting settlement included financial penalties, leadership restrictions and the firm’s planned withdrawal of registration.
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