Insurance industry news from Canopius Group, Clearspeed, NFP and more. Photo: Shutterstock
Canopius Group introduced an innovative new cannabis cyber insurance solution designed to address the distinct data security challenges faced by North America's booming legal cannabis industry. The offering makes Canopius one of only a few insurers currently providing tailored cyber coverage for cannabis enterprises across the supply chain.
DBRS Limited upgraded the Issuer Rating of Intact Financial Corporation to A (high) from "A" and also upgraded the Financial Strength Rating of its main operating insurance subsidiaries to AA from AA (low). The FSRs of Intact's U.K.-based subsidiary RSA Insurance Group Limited and its operating entities were also upgraded to AA from AA (low). The Issuer Rating on RSA Insurance Group Limited was upgraded to A (high) from "A". The trends on all ratings were changed to stable from positive.
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