Author Archives: Admin2

Crash risk drops 40% for young drivers using telematics programs, U.K. provider says

Using a telematics program has cut collisions involving new drivers by 40% six months after passing their test versus the national average, Ingenie has reported based on an analysis of the drivers using the technology it provides.

http://www.canadianunderwriter.ca/news/crash-risk-drops-40-for-young-drivers-using-telematics-programs-u-k-provider-says/1003357674/

Long Term Disability Claims: The insurance company’s greatest defence are the offsets

The opening statement at mediation from the lawyer for the insurer, which was echoed by the insurance adjuster was that they were sorry about my client’s alleged disabilities, but regardless whether or not they were substantiated, these disabilities were irrelevant to the case

http://www.torontoinjurylawyerblog.com/2014/11/long-term-disability-claims-the-insurance-companys-greatest-defence-are-the-offsets.html#more

Fraud charges laid against Toronto towing owner/operator

TORONTO, Nov. 18, 2014 /CNW/ – “Fraud continues to hurt the insurance system, particularly in Ontario,” states Gordon Rasbach, Vice President of Aviva Canada’s Anti-Fraud unit. “Until we start seeing those trying to steal from the system hit with more serious consequences, insurance prices will continue to be higher than in other provinces.”

http://www.ilstv.com/fraud-charges-laid-toronto-towing-owneroperator/

Privacy A Rare Protection For Personal Injury Plaintiffs

When a personal injury claim proceeds to trial oftentimes publicly available reasons for judgement are published which are accessible by all.  These frequently reveal details about a Plaintiff’s health, limitations, injuries and other personal details.  Reasons for judgement were released discussing if a Plaintiff should be granted anonymity in published reasons for judgement.  In short, the Court held that absent exceptional circumstances, such privacy protections should not be granted.

Auto insurance a huge but important investment

The first known auto insurance policy was developed just about the time of the first autos, around the beginning of the 20th century, but it was not until 1925 that the U.S. states of Massachusetts and Connecticut created the first compulsory auto insurance laws — laws that were eventually adopted throughout North America.

http://www.ilstv.com/auto-insurance-huge-crucial-investment/

Insurance industry must tackle global underinsurance problem, Geneva Association says

Underinsurance, both in developing countries and industrialized nations, is presenting a threat to economic development and overall societal well being, a new report from the Geneva Association suggests.

http://www.canadianunderwriter.ca/news/insurance-industry-must-tackle-global-underinsurance-problem-geneva-association-says/1003357520/

Toronto towing firm charged with fraud after insurer investigation

The owner and operator of a Toronto towing firm is facing several fraud-related charges after an investigation was prompted by Aviva Canada.

http://www.canadianunderwriter.ca/news/toronto-towing-firm-charged-with-fraud-after-insurer-investigation/1003356562/

BC Court of Appeal – Interest Disbursements Not Recoverable in Injury Litigation

Important reasons for judgement were released today by the BC Court of Appeal (MacKenzie v. Rogalasky) addressing an unsettled area of law, whether interest charges on disbursements incurred during the prosecution of an injury lawsuit could be recovered.  In short BC’s highest court ruled they cannot.

http://bc-injury-law.com/blog/

Auto insurance a huge — but crucial — investment

Auto insurance is a costly but necessary venture. While the costs of insurance can be high, the potential costs of driving without insurance are not only illegal in Ontario but can be financially catastrophic.

http://www.thestar.com/autos/best_of_2015/2014/11/18/auto_insurance_a_huge_but_crucial_investment.html

Taking Steps to Keep Auto Insurance Affordable

Rates are linked to claims costs and further action to reduce costs and uncertainty in the auto insurance system is needed to achieve the government’s 15 per cent average rate reduction target. The government will continue to review additional possible reforms, but it is also important for the insurance industry to help keep auto insurance affordable.

http://www.fin.gov.on.ca/en/budget/fallstatement/2014/bk6.html