Trustar Underwriting Inc. enters receivership amid allegations against former CEO

Company

Trustar Underwriting Inc.

Law Firm / Organization
McCague Borlack LLP

Company

Grant Thornton

Law Firm / Organization
DLA Piper (Canada) LLP

Company

Daniel Moses

Law Firm / Organization
Ross Nasseri LLP

Trustar Underwriting Inc., an Ontario-based managing general agent, entered receivership on December 24, 2024, due to allegations against former CEO Daniel Moses. An investigation revealed claims of unplaced policies, misrepresentation to clients, and misappropriation of premiums. Grant Thornton was appointed receiver. Legal counsel included McCague Borlack for Trustar, DLA Piper for the receiver, and Ross Nasseri for Moses.

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