Author Archives: Admin2

Staged Collisions Becoming More Sophisticated & Lucrative

Criminals who stage car crashes are taking their game to another level. Investigators say organized groups are not only staging collisions, but are also gaining access to medical clinics to cash in on the lucrative phoney insurance treatment payouts.

http://www.ilstv.com/staged-collisions-becoming-more-sophisticated-lucrative/

Lowest speed limits = costliest insurance

HOW IS IT that at the same time in history, Ontario boasts Canada’s lowest speed limits and costliest car insurance? We think we know why such a seemingly …

http://citizen.on.ca/?p=2328

Petitioning Stephen Harper, Kathleen Wynne, Elizabeth Petitioning Stephen Harper, Kathleen Wynne, Elizabeth Dowdeswell, Jim Wilson; Mayors of GTA & MPPs of Ontario

New Policy for Reduced/Fair Auto Insurance Premiums in GTA/Ontario This plea is on behalf of Nine Million Canadian Drivers in Greater Toronto Area who continue to be robbed by the Auto Insurance companies in the GTA. http://www.change.org/en-CA/petitions/stephen-harper-kathleen-wynne-elizabeth-dowdeswell-jim-wilson-mayors-of-gta-mpps-of-ontario-new-policy-for-reduced-fair-auto-insurance-premiums-in-gta-ontario

Staged collisions a ‘catalyst’ for larger insurance fraud

Car crash scams are becoming increasingly sophisticated, investigators say, with the latest wrinkle involving organized groups gaining access to medical clinics to cash in on lucrative payouts for phoney insurance treatments.

http://www.cbc.ca/news/canada/staged-collisions-a-catalyst-for-larger-insurance-fraud-1.2709010?cmp=rss

Ontario Taking Further Action to Reduce Auto Insurance Rates

Ontario is moving forward with its plan to help reduce auto insurance rates, by introducing legislation that would, if passed, protect the province’s nine million drivers and fight fraud in the auto insurance system.

http://news.ontario.ca/mof/en/2014/07/ontario-taking-further-action-to-reduce-auto-insurance-rates-1.html

Liberals revive bill to cut auto insurance rates

TORONTO – Ontario’s governing Liberals insist they can still reach their target of cutting auto insurance rates by an average of 15 per cent across the province, even though they’re only a third of the way there with just a year to go.

http://advocatedaily.com/2014/07/liberals-revive-bill-to-cut-auto-insurance-rates/

Liberals make good on anti-fraud legislation

Ontario is moving forward with its plan to reduce auto insurance rates with legislation that would put the heat not on the industry, but tow truck drivers.

http://www.insurancebusiness.ca/news/liberals-make-good-on-antifraud-legislation-178995.aspx

Ontario moves to lower insurance rates

Ontario is restarting auto insurance and tow truck legislation to control costs as some motorists see their insurance rates climb

http://www.torontosun.com/2014/07/15/ontario-moves-to-lower-insurance-rates

Ontario will miss target of cutting auto insurance rates 8 per cent by August

Ontario will fall short of its promise to cut auto insurance rates 8 per cent by next month, Finance Minister Charles Sousa acknowledged Tuesday as average premiums inched 0.22 per cent higher in the second quarter

http://www.thestar.com/news/queenspark/2014/07/15/ontario_will_miss_target_of_cutting_auto_insurance_rates_8_per_cent_by_august.html

Auto Insurance Rates for the Second Quarter of 2014

This notice provides an overview of the private passenger automobile insurance rate changes approved or ordered by the Financial Services Commission of Ontario (FSCO) for filings reviewed in the second quarter of 2014. The number of filings reviewed by FSCO and the overall average rate change for the Ontario market may vary from quarter to quarter, based on updated information about claims costs, market conditions and other financial factors and the resulting impact that these factors have on the adequacy of an insurance company’s current rates.

https://www.fsco.gov.on.ca/en/auto/rates/Pages/q2-2014.aspx