In Ontario a person hurt or killed in a car, truck, bus, motorcycle, snowmobile or all-terrain vehicle crash is usually entitled to at least two different sources of compensation as long as the crash was at least partially caused by someone else.
Author Archives: Admin2
Supreme Court of Canada allows Zurich Insurance’s appeal over Ontario auto ‘pay first dispute later’ regulation
The highest court announced April 17 it allowed Zurich’s appeal with costs. The judgment is expected to be published within 48 hours.
Ontario Regulation 283/95 section 2 stipulates that the “first insurer that receives a completed application,” for auto accident benefits, “is responsible for paying benefits to an insured person pending the resolution of any dispute as to which insurer is required to pay benefits.”
Brokers in Action
As ever, insurance brokers across the country are grappling with a wide variety of issues. Some issues are ongoing while some are emerging; some are regional while others are country-wide. The one constant is the need for brokers to continue to act as trusted advisors and to provide sound advice so that customers know the risks, understand coverage and have access to a wide choice of products.
http://www.canadianunderwriter.ca/news/brokers-in-action/1003578787/?type=Print%20Archives
7 car insurance myths that are about to get busted
1. Red cars are more expensive to insure.
Colour doesn’t matter. It depends on the year, make, model and the driver.
http://www.insidetoronto.com/news-story/5563721-7-car-insurance-myths-that-are-about-to-get-busted/
Scarborough residents get chance to question insurance costs at meeting organized by councillor
People who think insurance companies charge them more because of their address will have a chance next Monday, April 20, to ask insurance industry representatives why, a Scarborough councillor says.
Brampton families paying price for residing in fastest growing city
BRAMPTON – If you chose to reside in Canada’s fastest growing city, you will have to pay a price.
Ontario Rates Continue to Decrease Slowly
Just in advance of the Ontario Budget announcements which are expected to include new auto insurance changes, FSCO has released the rate filing approvals for the first quarter of 2015.
A total of 39 insurers submitted filings which represents 73.48 percent f the market based on premium volume. Approved rates decreased on average by 0.95 percent when applied across the total market.
In the fourth quarter of 2014, approved rates decreased by 0.54 percent on average. Rate changes since 2013 now total 7.05 percent. The government rate reduction strategy calls for a 15 percent reduction by August of this year.
No legal representation for victims of assault by Ontario doctors
Did you and I pay for Dr. George Doodnaught’s legal defence?
This question echoed through my head as I sat this week in the near-empty hotel room that holds the sad public hearings on sexual assault and patients.
FAIR on today’s NewsTalk1010 with Jim Richards
go to the 29.39 minute mark to get to the interview
… Ontario’s auto accident victims are apparently in crisis – Jim discusses this with the chair of FAIR, the Association of Victims for Accident Insurance Reform, as well as someone from the Insurance Bureau of Canada…
https://soundcloud.com/showgram/jr-apr-17-podcast-1?utm_source=soundcloud&utm_campaign=share&utm_medium=email
https://soundcloud.com/showgram/jr-apr-17-podcast-1?utm_source=soundcloud&utm_campaign=share&utm_medium=email
Ontario auto insurance “in crisis,” needs Auditor General review: FAIR
Ontario now faces a crisis involving an “unprecedented” number of motor accident victims whose insurers are not providing the necessary assistance required of them, argues FAIR Association of Victims for Accident Insurance Reform, a victims advocacy group committed to industry reform.