• FAIR – supporting auto accident victims through advocacy and education
  • FAIR – supporting auto accident victims through advocacy and education
  • FAIR – supporting auto accident victims through advocacy and education

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Industry must focus on cost management to fix Ontario auto system

Sharon Tennyson tells IBC Regulatory Affairs Symposium that there is hope for Ontario auto. One of the big issues plaguing the product, she said, is moral hazard. “By moral hazard, I mean making benefits available tends to attract claims. This can happen either by extra risk taking, extra use of benefits, or in some cases, even outright fraud,” she explained.

http://www.citopbroker.com/news/industry-must-focus-on-cost-management-to-fix-ontario-auto-system-5946

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