Gestion Lamca Inc. and Unlicensed Insurance Activity
On October 19, 2006, Gestion Lamca Inc., a Québec company operating in Ontario, was found guilty on two charges arising from breaches of the Superintendent of Financial Services’ Interim Cease and Desist Order. The court found that the company had violated the Superintendent’s Order to immediately cease carrying on the business of insurance in Ontario. The company was fined $50,000 on each charge.
Warnings