Parties
Company
Trustar Underwriting Inc.
Company
Grant Thornton
Company
Daniel Moses
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.
Deal Type
OtherIndustry
OtherTransaction
Undisclosed/ConfidentialDeal Status
ActiveClosing Date