Definity Financial declines for the fourth consecutive quarter.
Ontario firm acquired by holding company that owns several insurers.
The company, which includes Economical, Sonnet and Petline, sustained heavy losses due to a major windstorm.
The company, which includes Economical, Sonnet and Petline, released its results for the first quarter of 2022.
The company includes Economical Insurance, Sonnet Insurance, Petline Insurance Company and Family Insurance Solutions.
The company also announced the name of what will be the insurer’s parent company.