Author Archives: Admin2
Desjardins General Insurance Group reports solid third quarter
Net income of $45.4 million, up from $20.9 million in Q3 2012.
How old is too old to drive?
This year, more than 3.5 million drivers over 65 will strike out on Canadian roads – the highest number in history.
PEI public invited to share views on proposed auto insurance changes
The Government of Prince Edward Island is proposing that the cap on court awards for pain and suffering from minor personal injuries following vehicle accidents increase from $2,500 to $7,500, aligning the province with limits elsewhere in the region.
SUN – Letters to the Editor, Nov. 24 – IBC
Just one side presented
Re “Insurance overhaul” (Nov. 17): Again, Alan Shanoff writes about the insurance system in Ontario and quotes everyone but the insurance industry. Can the industry defend itself? Guess not. Thanks for the bias, Mr. Shanoff. Your readers never get the complete story and you don’t care. You should be ashamed of yourself.
Ralph Palumbo, Vice-President, Ontario, Insurance Bureau of Canada
(Alan is doing an excellent job pointing out problems with the insurance industry the insurance industry doesn’t like to talk about) – Editor
Effective Ways to Save on Your Car Insurance Premium
“Ditch the broker. Your Toronto car insurance broker is not the all-knowing insurance guru you’ve worked him up to be. You may be surprised to find out that brokers are actually very limited in their wheeling and dealing abilities. ”
Insurers Trying To Keep Claimants in the MIG Will Need Medical Reasons Before an IE
Insurers may be in a “Catch 22” situation in efforts to keep claimants within the limits of the Minor Injury Guideline (MIG).
http://williehandler.blogspot.ca/2013/11/insurers-trying-to-keep-claimants-in.html
New report a good first step towards a better insurance dispute resolution system
“We badly need a new accident benefit dispute system. The new system must be simple and timely and help balance the playing field between David and Goliath by penalizing insurers for inappropriate denials.”
California Voters Acted to Save $100 Billion
As one might expect, the large auto insurance companies used every obstructive and deceptive tactic in the book to oppose this law — spending upwards of $80 million fighting it.
http://www.huffingtonpost.com/ralph-nader/california-prop-103_b_4282587.html
Insurance overhaul – Experienced Ontario jurist reviewing dispute resolution system
Fixing Ontario’s auto insurance dispute resolution system will require more than mere tinkering.