One broker was beginning to have doubts that anything could be done to stop fraudsters plaguing the insurance system. He now sees signs for hope.
http://www.insurancebusiness.ca/news/faith-in-justice-restored-186115.aspx
Author Archives: Admin2
What do you think?
According to a recent KPMG survey, the insurance industry has shifted its concerns about regulatory and compliance burdens to the continuing low interest rates. But now we are asking you, the Insurance Business reader, what you see as a concern for 2015.
http://www.insurancebusiness.ca/news/what-do-you-think-186132.aspx
ODSP nightmare with new system
BELLEVILLE – A young city woman who rents an apartment has never had to wait for her disability direct deposit to kick in.
http://www.intelligencer.ca/2014/12/05/odsp-nightmare-with-new-system
College of Physicians and Surgeons launches review of sexual abuse policy
The College of Physicians and Surgeons will review its policies on sexual abuse following a Star investigation into doctors who continue to practise after being found guilty of misconduct for sexually abusing patients.
Are Insurers Using Cost Control Tools Properly?
I noticed an interesting section at the end of a recent bulletin issued by FSCO regarding recent regulation changes that I reviewed in a recent post. Thrown in with the announcement of regulatory changes is a discussion on mileage expenses by health care providers. http://williehandler.blogspot.ca/
Far Out Friday: Insurance payout for woman run over by dog
Many of us have been involved in road traffic accidents but not many will be able to claim they’ve be run over by a car driven by their dog. One woman has been awarded $140,000 following such a claim.
http://www.insurancebusiness.ca/news/far-out-friday-insurance-payout-for-woman-run-over-by-dog-186039.aspx
Auto insurance mess hasn’t happened by accident
It’s not easy achieving a perfect state of ineptitude where so many auto accident victims are maltreated by so many people and institutions. Doing so takes real effort.
http://www.torontosun.com/2014/12/03/auto-insurance-mess-hasnt-happened-by-accident
Operating in the new regime effective December 1, 2014
On December 1, 2014, service providers licensed by the Financial Services Commission of Ontario (FSCO) will continue to conduct business in the same fashion.
Licensed service providers will continue to submit all forms through HCAI for goods and services provided on and after December 1st. And, licensed service providers will continue to be paid directly by insurers.
http://www.fsco.gov.on.ca/en/service-providers/Pages/2014-Nov30-newsletter12.aspx
AllState Says Rate Of Accident Claims Is Highest In Ottawa
Drivers in Ontario pay higher car insurance rates than in any other province in Canada, and many reasons are cited as being responsible for the province’s high rates. But a new study by AllState Insurance may help identify why rates are high for drivers in the Ottawa region.
http://www.lowestrates.ca/news/allstate-says-rate-accident-claims-highest-ottawa-1427
The Dangers of Non-Lawyer Owned Law Firms
This is a question that the Law Society of Upper Canada (“LSUC”) is currently grappling with. The LSUC, which regulates the provision of legal services in Ontario, is considering whether or not to allow non-lawyers to own a majority control of a law firm. Currently, only lawyers and licensed paralegals are permitted to have an ownership interest in law firms in Ontario. This could soon change.
http://otlablog.com/the-dangers-of-non-lawyer-owned-law-firms/