Intact Financial Corp. News

Canadian Insurer Backs Autonomous Car Startup in Florida Retirement Community

There’s a village in Florida where self-driving cars rule the road, and a Canadian insurance firm wants to come along for the ride. Toronto-based Intact Financial Corp. is investing $3 million in startup Voyage as the companies seek to shape …

Tokio, Intact Bet on Metromile Insurance as People Drive Less

As baby boomers retire and millennials flock to cities, two insurance giants are making a bet on people driving a lot less. Tokio Marine Holdings Inc. and Intact Financial Corp. are leading a $90 million investment in Metromile Inc., the …

Intact to Post C$257 Million in Losses From Floods in Canada

Intact Financial Corp., the largest property/casualty insurer in Canada, will record losses of C$257 million ($248 million) from flooding in Alberta and Toronto, and a train explosion in Quebec. The insurer will post C$123 million in losses, equal to 92 …