Cease and Desist Order against ICS Filipino Healthcare, ICS International LTD. formerly ICS Staffing Canada Inc., ICS Staffing Canada LTD, and IMS Wellth Care, Inc.

Regarding the Insurance Act, R.S.O. 1990, c. I.8, as amended (the "Act"), in particular section 441

And Regarding a Proposed Cease and Desist Order against ICS Filipino Healthcare, ICS International LTD. formerly ICS Staffing Canada Inc., ICS Staffing Canada LTD, and IMS Wellth Care, Inc.

Cease And Desist Order


Pursuant to section 441 of the Insurance Act and to Minutes of Settlement between the Superintendent of Financial Services (the "Superintendent") and ICS International LTD, the Superintendent hereby Orders that ICS International LTD.,


    A. Immediately cease undertaking or carrying on the business of insurance in the Province of Ontario; and,
    B. Immediately cease advertising insurance in any form in Ontario.Immediately cease advertising insurance in any form in Ontario.

Take notice that Section 447(2)(b) of the Act provides that any person who fails to comply with any order made under the Act is guilty of an offence and liable on first conviction to a fine of not more than $250,000 and on each subsequent conviction to a fine of not more than $500,000.

And further take notice that Section 447(4) of the Act provides that every director, officer, and chief agent of a corporation who caused, authorized, permitted or participated in a corporation committing an offence, or who fails to take reasonable care to prevent a corporation from committing an offence, is also guilty of an offence and is liable on first conviction to a fine of not more than $100,000 and on each subsequent conviction to a fine of not more than $200,000.


Issued at the City of Toronto, this November 2, 2015.

 
original signed by "Michael Doi", Acting Superintendent


Brian Mills
Superintendent of Financial Services