What’s New: In Brief (November 19, 2009)

Intact Financial Corporation (TSX: IFC) intends to issue Cdn$150 million principal amount of unsecured notes pursuant to its medium term note program.
Net proceeds will be used by Intact for general corporate and investment purposes.
The notes, to be offered on a best efforts basis through an agency syndicate led by CIBC World Markets Inc. and TD Securities Inc., are expected to be issued on November 23, 2009.
The notes will bear interest at a fixed annual rate of 6.4% until maturity on Nov. 23, 2039.

Andrew Hernandez has been appointed executive general adjuster and district manager for Vancouver Metro, Fraser Valley and Victoria, BC regions of Cunningham Lindsey.
Hernandez holds more than 22 years of insurance adjusting experience.
He was most recently a senior general adjuster for an international adjusting firm and has previously been chief operations officer for a national adjusting firm.
“Andrew has extensive experience handling large and complex losses involving commercial property, commercial and product liability, environmental, and boiler & machinery claims,” said Gary Dalton, senior vice president and executive director of Cunningham Lindsey. “He has handled multi-million dollar claims in the mining industry and acted as control adjuster on several large accounts.”