In the Matter of the FINANCIAL INSTITUTIONS ACT, RSBC 1996, c.141 (the “Act”)
and the INSURANCE COUNCIL OF BRITISH COLUMBIA (“Council”)
and MARK WAGNER (the “Licensee”)
ORDER As Council made an intended decision on May 8, 2018, pursuant to sections 231 and 236 of the Act; and
As Council, in accordance with section 237 of the Act, provided the Licensee with written reasons and notice of the intended decision dated July 27, 2018; and
As the Licensee has not requested a hearing of Council’s intended decision within the time period provided by the Act;
Under authority of sections 231 and 236 of the Act, Council orders: 1. A condition is imposed on the Licensee’s life and accident and sickness insurance agent licence that requires the Licensee to successfully complete the Council Rules Course by no later than December 5, 2018;
2. A condition is imposed on the Licensee’s life and accident and sickness insurance agent licence that requires the Licensee to successfully complete the course Making Choices: Ethics and Responsibility and Practice (Modules I and II), available through Advocis, by no later than December 5, 2018;
3. The Licensee is fined $2,500.00, to be paid no later than December 5, 2018; 4. The Licensee’s life and accident and sickness insurance agent licence is suspended until such time as the Licensee has paid the ordered fine in full and successfully completed the ordered courses, and a condition is imposed on his licence that he will not be permitted to complete any annual filing while his licence is under suspension; and
Order Mark Wagner LIC-179471C125086R1 / COM-2017-00460 September 6, 2018 Page 2 of 2
5. A condition is imposed on the Licensee’s life and accident and sickness insurance agent licence that requires the Licensee to be supervised for a period of two years by a supervisor, as approved by Council, commencing from when the Licensee has completed the above conditions and the suspension is lifted.
This order takes effect on the 6 th day of September, 2018. _________________________________________ Ken Kukkonen Chairperson, Insurance Council of British Columbia