Industry

Who will be who in the Intact commercial specialty crew

Intact Financial Corp. announced Tuesday some key executive appointments in its commercial specialty and managing general agent business. Effective Jan. 1, Carla Smith will be senior vice president of specialty solutions for Intact. Pete Weightman, currently Intact’s senior vice president of specialty solutions and surety, will have responsibility for all managing general agent operations at […]

By Greg Meckbach | December 17, 2019

2 min read

Man named in FSRA warning denies soliciting business for Sonnet

A Toronto man who told Canadian Underwriter he recommended direct writer Sonnet to some of his friends is denying allegations made by the Ontario insurance market conduct regulator that he actually solicited auto insurance through Sonnet. “I am not soliciting any insurance through Sonnet or any other company,” the man said in an e-mail to […]

By Greg Meckbach | December 13, 2019

2 min read

Board finds insurance reserves regulation “invalid”

Manitoba’s Public Utilities Board (PUB) has found a recently enacted insurance reserves regulation to be “invalid.” The Reserves Regulation sets out the manner of determining the amount to be maintained by the Manitoba Public Insurance (MPI) Corporation in its reserves supporting the basic, extension and special risk extension lines of business. The regulation required MPI […]

By Jason Contant | December 9, 2019

3 min read

Market outlook

Canadian Underwriter fearlessly predicts the end of the hard market

December 6, 2019

2 min read