Moderator Evan Solomon of the CBC kicked off the panel discussion by asking whether or not the 15% rate reduction is “reasonable and responsible.” Tulloch was the first to respond, and instead of answering the question he offered six ways in which he believes the target could be met….Murphy dismissed Solomon’s question of whether the cuts are reasonable or responsible, by saying “We are where we are.”
http://www.citopbroker.com/news/auto-insurance-rate-cuts-are-coming-like-it-or-not-5906
If your evidence is limited or non-existent, you unwittingly make it more difficult for your insurance company to review your claim, says the provincial regulator, the Financial Services Commission of Ontario (FSCO).
http://www.agoracosmopolitan.com/news/cars/2013/10/24/6968.html
“We need the industry to review the way it deals with claims, to make sure that insurance companies are employing efficient practices to help lower costs and to enable faster claim payments.”
http://www.citopbroker.com/news/premier-wynne-addresses-15-rate-cut-at-ibao-convention-5898
An interesting American website “FBIC Is Recognized For 15 Years Public Service To Insurance Policyholders And Claimants, Exposing The All-Powerful Insurers For Their Widespread Illegal Bad Faith Insurance Practices And Pervasive Fraudulent Activities Across America” http://www.badfaithinsurance.org/index.html
On February 19, March 11, and March 19, 2013 FAIR wrote open letters to Ontario’s Colleges and our Government about reducing the fraud in Ontario’s auto accident insurance by way of holding medico-legal ‘experts’ who perform independent medical examinations IMEs accountable. We did not get any response from these stakeholders and so we wrote the September 16, 2013 letter and the responses FAIR has received are listed below. For further information see our Media Releases page.
AIAC Oct 3-13 response to FAIR Open Letter dated September 16 2013
FAIR response to AIAC Oct 3 letter – sent October 22 2013
The Canadian Centre of Excellence in Injury Law response to Three Strikes
“So we’re going to make it possible for you to do what you do best, to support your industry in the valuable services that you provide. We’re going to be very careful not to do anything that would threaten the viability of the marketplace and not threaten the competition that is in place.”
“The FSCO Bulletin is silent whether existing data may be retained; presumably, this will be within the purview of the Privacy Commissioner. Existing programs in the US are clear that the insurer “will retain information collected or derived from the device indefinitely”.3 Canadian programs are vague, and appear to contemplate that the insurer (the FSCO-regulated entity) won’t keep the data or personal information, but that the (unregulated) third party service provider might.4″
The Minister of Finance solicited input from various organizations including FAIR Association of Victims for Accident Insurance Reform. The following submissions have been received as a result of the consultation on the review of Ontario’s Dispute Resolution System. Stakeholder submissions by external organizations – an interesting read on how do we fix our broken Dispute Resolution System.
“While the new expert report rules were intended to reduce reliance on hired guns, the Westerhof decision will have the unfortunate effect of forcing plaintiff’s counsel to become even more reliant on medical-legal experts out of fear that they will not be able to later secure compliant reports from the key treatment providers. ” Darcy Merkur
http://www.thomsonrogers.com/accident-benefit-reporter-updater-issue-15
If cab operators were forced to purchase wheelchair-accessible vehicles, the cost would be passed on to customers through increased cab fares, the group says.
http://www.cp24.com/news/taxi-drivers-urge-people-to-oppose-industry-changes-1.1508142#ixzz2iZMUw5WN