Definity's net income plunges 41.4 per cent

The company, which includes Economical, Sonnet and Petline, released its results for the first quarter of 2022.

P&C | May 20 2022 01:01PM
Definity reports over $200 million in income in 2021

The company includes Economical Insurance, Sonnet Insurance, Petline Insurance Company and Family Insurance Solutions.

P&C | February 28 2022 10:25AM
Ontario regulator sanctions fraud convict for conducting unlicensed insurance activities

The Financial Services Regulatory Authority of Ontario imposed an administrative penalty of $52,000.

P&C | February 23 2022 10:09AM
Economical gets closer to demutualization

The company also announced the name of what will be the insurer’s parent company.

P&C | August 31 2021 10:50AM
Economical sets a record

The insurance company has reported its highest quarterly net income in the past decade. CEO Rowan Saunders pins this unp…

P&C | May 25 2021 03:27PM
Insurer defies COVID-19

Only one large insurer in the Canadian market has reported an upturn in its net results in Q1 2020, a period hit hard by…

P&C | May 26 2020 04:20PM
How to avoid insurance fraud

To help consumers avoid insurance fraud, an insurance company examined the most common “seller” scams in the country, an…

P&C | September 30 2019 11:45AM