Why are insurance rates for drivers higher in Brampton than anywhere else in the province or for that matter across Canada? If you ask insurance companies, they will point to rampant fraud, more accidents and claims as well as the higher cost per claim in Brampton. Is it true? It depends who you ask.
http://www.canindia.com/2015/04/brampton-drivers-continue-to-suffer-high-insurance-rates/
The Ontario Disability Support Program is designed to help those of us who are, for one reason or another, unable to earn a living. Last year there were 42,700 ODSP applications in Ontario.
http://www.thestar.com/news/gta/2015/04/23/hard-times-on-odsp-in-toronto-fiorito.html
“The government’s budget continues to drastically underfund health care – that’s a problem for patients and it’s a problem for doctors,” said Dr. Ved Tandan, President of the Ontario Medical Association. “There are 900,000 people in this province without a family doctor and the population continues to grow and age – this budget ignores both that growth and that unmet need and that’s unacceptable.”
Among the details in Thursday’s provincial budget, is a requirement that insurance companies offer motorists a discount for having snow tires on their vehicles.
Insurers providing usage-based insurance (UBI) in Quebec are advised that they must manage not only their own risks, but also those associated with outsourced activity, Julien Reid, senior director of financial institutions oversight and deposit insurance for the Autorité des marchés financiers de Québec, said during Insurance Telematics Canada in TorontoThursday.
Usage-based insurance (UBI) is failing to gain traction in Canada because of the country’s regulatory regime, suggested Colin Wright, principal of Corner Two Consulting, during a presentation at the Insurance Telematics Canada 2015conference in Toronto on Friday.
April 23–LANSING — For the third time in two years, lawmakers are trying to overhaul Michigan’s no fault auto insurance system in an effort to bring down costly rates for consumers.
VICTORIA — The Insurance Corp. of B.C. says it is increasingly shifting its fraud investigations onto an internal team of cyber analysts, who can dig into a person’s digital activities to see if they are lying about injury claims.
How is Ontario a winner when there are now 61,063 auto insurance related cases pending in Ontario’s civil courts? What about the estimated 25,000 victims at FSCO waiting for mediation or arbitration hearings to hold their insurer accountable? Clearly Ontario’s auto insurance industry is not supporting a healthy economy when this many innocent and injured auto insurance victims do not have access to the coverage promised in their policies. Withholding timely rehabilitation and income replacement isn’t promoting anyone’s economic growth other than the insurers who are investing the claims dollars that they should be paying to victims. Insurers donate to Ontario’s Food Banks to assist those in poverty and it is quite likely that it is their own customers who are ending up there – on welfare, Ontario Disability and CPP disability when it turns out that their policy isn’t worth the paper it is written on. It is Ontario’s drivers who are doing the risk-taking when they get in their car with the belief that they have good coverage that will be there when they need it.