Author Archives: Admin2

FSCO puts out request for arbitration services

“An independent Fairness Commissioner is being retained to monitor the procurement process,” FSCO noted. “FSCO expects to have the contract in place by June. Once a new contract is in place, files will no longer be assigned under the current contract.”

http://www.canadianunderwriter.ca/news/fsco-puts-out-request-for-arbitration-services/1002837723/

No damage? Pay more anyway, said my insurance company

Once you report a collision to the police or to your insurance company, your rates could take a hit — even when there’s zero damage, said Ontario’s insurance regulator.

http://www.theglobeandmail.com/globe-drive/car-tips/no-damage-pay-more-anyway-said-my-insurance-company/article16210746/

A Joint Venture with SAP: Taking control of car insurance premiums

In Canada, there are currently over 25,000 subscribers to the pay-as-you-drive telematics program spanning Alberta, Saskatchewan and Quebec. Discussions with insurance regulators in Ontario are underway; it is expected the program will be launched in the province during 2014.

http://business.financialpost.com/2014/01/07/a-joint-venture-with-sap-taking-control-of-car-insurance-premiums/

How to get cash after crash from at-fault driver: Roseman

You can claim compensation for your car’s decreased value after an accident by asking the driver at fault to pay up. Here’s how to do it.

http://www.thestar.com/business/personal_finance/2014/01/06/how_to_get_cash_after_crash_from_atfault_driver_roseman.html#

Manitoba government-run auto insurer to increase overall rates in 2014

In October, MPI reported a profit of $41.9 million for the first six months of 2012. “MPI is committed to rate stability for Manitoba drivers,” MPI stated earlier. “For 14 of the last 15 years, the Corporation has either held the line, or reduced rates. This has resulted in a cumulative, total rate decrease of 17.8 per cent for Manitoba vehicle owners.”

http://www.canadianunderwriter.ca/news/manitoba-government-run-auto-insurer-to-increase-overall-rates-in-2014/1002808849/

HCAI Security Breach

So after reading about the HCAI you would think our personal information is protected, right?

http://survivingacollision.blogspot.ca/2013/12/hcai-security-breach.html

What are You Consenting To? What to Watch for in Insurers Examinations Consent Forms

Make sure that the consent is limited to only the specific assessment being sought and only for the benefit in question.

http://www.bonnlaw.ca/blog/2013/12/17/325/

Insurance lawyers eye opportunities in Quebec

The way is now open for lawyers to move between the civil and common law jurisdictions and appear in court for up to 100 days each year without receiving a call from the provincial law society or going through the cumbersome procedure to obtain a special dispensation from the court.

http://www.lawtimesnews.com/201401063684/headline-news/insurance-lawyers-eye-opportunities-in-quebec

ONTARIO REGULATION 347/13

http://www.e-laws.gov.on.ca/html/source/regs/english/2013/elaws_src_regs_r13347_e.htm

Get legally fit in 2014

Review your no fault accident benefit coverage to see if it’s adequate. This coverage was severely reduced in 2010 but some of the pre-2010 benefits can be repurchased at minimal expense.

http://www.torontosun.com/2014/01/04/get-legally-fit-in-2014