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iPro insurance claims pile up; RECO says agents’ wait will be ‘months, not years’
Summary by REM | Real Estate Magazine
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1 Articles
iPro insurance claims pile up; RECO says agents’ wait will be ‘months, not years’
Real Estate Council of Ontario (RECO) says the insurance program manager handling the iPro Realty Ltd. matter is working toward processing the “significant volume” of agent commission protection claims within months. An update released by RECO on Wednesday offers a glimpse into the insurance payout situation for consumers and agents. In August, Mississauga-based iPro was forced to close after the discovery of a $10.5-million shortfall in its tru…
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