Half of the respondents to a poll marking the one-year anniversary of Desjardins General Insurance Group’s (DGIG) launch of its usage-based insurance (UBI) programs said they are safer drivers and almost seven in 10 said they now pay more attention to acceleration and braking
Author Archives: Admin2
New KANETIX Survey Shows Canadians Do Not Really Know Usage-Based Insurance
A survey conducted by the research company, Leger, for KANETIX.ca shows only 18 percent of consumers across Canada are actually familiar with usage-based insurance.
Telematics Conference in Toronto Steers for Answers
Insurers and brokers are debating data and sifting solutions at the two-day Insurance Telematics Canada conference in Toronto… with consumer worries and the regulatory framework uppermost in their mind.
http://www.citopbroker.com/news/telematics-conference-in-toronto-steers-for-answers-6762
Who should run Queen’s Park? Brokers weigh in
Of the 128 who took part in the poll, 54 indicated that the Conservatives would best represent the insurance industry while running Ontario.
ONTARIO AUTO INSURANCE: WHAT ARE WE PAYING FOR?
FSCO introducing guideline changes next week
An increase to Ontario’s minimum wage won’t be the only change coming June 1, as the Financial Services Commission of Ontario is revising the hourly rate guideline for attendant care benefits in the province’s standard auto insurance policy.
http://www.insurancebusiness.ca/news/fsco-introducing-guideline-changes-next-week-177987.aspx
Savings Grace
Several insurers in Ontario have opted to use telematics to provide auto policyholders in the province with discounts. But some insurance professionals contend that only by also adding surcharges for risky behaviour will drivers be on their best behaviour and carriers be able to take full advantage of the technology.
Out of Order
Ontario auto insurance is in need of a major overhaul. Tinkering with the already poor system can only serve to make matters worse, and once again, miss an opportunity to make the significant changes required to return the system to efficiency and fairness.
Tribunal Declares Stress Provisions of Workplace Safety and Insurance Act Unconstitutional
FSCO introducing guideline changes next week
An increase to Ontario’s minimum wage won’t be the only change coming June 1, as the Financial Services Commission of Ontario is revising the hourly rate guideline for attendant care benefits in the province’s standard auto insurance policy.
http://www.insurancebusiness.ca/news/fsco-introducing-guideline-changes-next-week-177987.aspx