Author Archives: Admin2
Ontario Trial Lawyers Association elects Steven Rastin as new President
Telematics at the tipping point: iMetrik
One Quebec telematics services provider says usage-based insurance is at a tipping point in Canada, and insurers can make it profitable by mitigating those start-up costs through third-party partnerships.
http://www.insurancebusiness.ca/news/telematics-at-the-tipping-point-imetrik-178156.aspx?p=1
Toronto: Man who staged car collisions in an insurance fraud is sent to prison
An insurance-scamming “choreographer” of 13 staged collisions on Toronto’s busy streets was sent to prison for 3 and half years Thursday.
http://www.ilstv.com/toronto-man-who-staged-car-collisions-in-an-insurance-fraud-is-sent-to-prison/
FAIR takes aim at FSCO
The Fair Association of Victims for Accident Insurance Reform has taken aim at the Financial Services Commission of Ontario’s 2014 Draft Statement of Priorities, describing it as a “Christmas wish list” for insurance companies.
http://www.insurancebusiness.ca/news/fair-takes-aim-at-fsco-178130.aspx
FSCO’s Licensing Process for Service Providers Has Begun
The licensing process for auto insurance service providers, first recommended by the Auto Insurance Anti-Fraud Task Force in 2012, has officially begun.
Can an insurer be added as a defendant by the plaintiff to determine a coverage issue?
When an insurer denies coverage to its insured, and the insured elects not to contest the denial, does this mean that others involved in the action cannot test the denial of coverage?
http://www.insblogs.com/auto/can-insurer-added-defendant-plaintiff-determine-coverage-issue/
Safety worth the investment
Saskatchewan motorists will be coughing up $2.4 million this year through their mandatory vehicle insurance plan to hire 30 more police officers, who will join 30 current RCMP and municipal cops to begin enforcing tougher new traffic laws that come into effect late this month.
http://www.thestarphoenix.com/news/Safety+worth+investment/9902095/story.html
Balance needed between interests of drivers, insurers
While the future of a bill meant to address pressing concerns in the auto insurance system is unknown, the issues persist, and drivers are still in need of cost-saving solutions, says Toronto personal injury lawyer Peter Cho
http://advocatedaily.com/2014/06/balance-needed-between-interests-of-drivers-insurers/
Lawyers, cashing in when auto insurance claims go to court
Ontario Superior Court Justice Ian F. Leach labelled the legal fees sought by the plaintiffs’ lawyers as being “extremely excessive” and “outlandish”, pointing out the total clerk time of 580.49 hours claimed “is the equivalent of someone working solidly on nothing but this matter, 40 hours per week, … for approximately 14.5 weeks”. http://www.ilstv.com/ontario-lawyers-cashing-in-when-auto-insurance-claims-go-to-court/