Rise and Fall of TruStar

Toronto-based managing general agent TruStar has launched a $6-million civil lawsuit against its former president and CEO, whom it accuses of siphoning company money for his own personal use. The allegations have not been proven in court, and the former CEO cannot be reached for comment. But the story is changing the way Canada’s property and casualty insurance industry approaches MGAs as business entities.

This feature article summarizes hundreds of pages of information found in court records, and we’ve corroborated our story with several source interviews and statements. This exclusive digital feature tells the in-depth story of TruStar’s rise and fall, and what it means for the industry.

Alyssa DiSabatino

Alyssa Di Sabatino has been a reporter for Canadian Underwriter since 2021, covering industry trends, market developments, and emerging risks.