Definity secures all regulatory approvals for Travelers deal - Insurance Business

Summer flooding and wildfires pushed Intact's third-quarter cat losses to about $660 million, and its CEO says the events reinforce firm market conditions Two of Canada's largest property and casualty insurers have flagged heavy third-quarter catastrophe losses after a summer of flooding, storms and wildfires. Intact Financial and Definity Financial together expect about $850 million in cat losses, net of reinsurance.

His physician's notes and his excuse for the delay didn’t add up to the same story What happened: A driver says memory loss and confusion over overlapping insurance coverage made him file his accident benefits paperwork a year late; the tribunal disagreed

He blamed another driver's insurer - Definity wasn't persuaded An Ontario tribunal has barred a claimant's accident benefits application, ruling his seven-month delay in notifying Definity Insurance Company wasn't excused by circumstance.