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Ontario auto insurance consumers slow to add optional coverages
FSCO survey of 24 insurance companies finds few consumers have purchased optional SABS coverages since auto insurance reforms
Category: Ontario Auto Reform
What’s happening with Ontario auto insurance premiums?
Kanetix survey finds Ontario auto rates increased 6.4 percent from Q2 2010 to Q2 2011; IBC says rates trending at rate of inflation
The two objectives of auto insurance reform: IBC
View the video here on your mobile device. The Ontario auto insurance reforms are based on recommendations provided by the Financial Services Commission of Ontario’s Five-Year Automobile Insurance Review report, as well as feedback received from dozens of insurance industry, health care, legal and consumer experts and groups. The Insurance Bureau of Canada said that [...]
Insurers’ rights and responsibilities to challenge questionable or abusive claims
The Financial Services Commission of Ontario (FSCO), the province’s insurance regulator, has issued a bulletin to remind insurers of their rights and responsibilities under the Statutory Accident Benefits Schedule – Effective September 1, 2010 (SABS) to challenge questionable or abusive claims. FSCO said that after the changes came to Ontario’s auto insurance system on September [...]
How the Greater Toronto Area affects Ontario auto premiums
View the video here on your mobile device. Rivalries run deep in Ontario and there’s no dividing force quite like the capital city itself. Mere mention of Toronto can bring a range of reactions, from the pride of a city-dweller to the subtle self-conscious contempt of an Ottawa resident. But did Greater Toronto Area drivers [...]
What came first: insurance fraud or Ontario auto insurance reforms?
View the video here on your mobile device. Whether they know it or not, Ontario drivers are suffering due to fraud. According to a recent RBC Insurance roundtable, fraud costs represent about $1.3 billion of $9 billion in premiums. It’s not always cases of odometer rollback and VIN swapping that ramp up the costs, though [...]
Ontario auto reforms and their affect on litigation
View the video here on your mobile device. We asked Patrick Brown, a partner at McLeish Orlando LLP and former president of the Ontario Trial Lawyers’ Association if the changes in the Ontario auto insurance system will have an impact on the personal injury litigation process. Pat Brown: Yes, for sure they will. Hopefully the [...]
Tort rights a big issue for Ontario residents
View the video here on your mobile device. As a personal injury lawyer, McLeish Orlando partner Patrick Brown has often acted as a victims’ advocate, representing people who have been injured in car accidents. As a founding member of the Toronto Cyclists Union, he promotes safe passage of cyclists in the city’s streets. As past [...]
The impact of auto reform on Ontario residents
View the video here on your mobile device. The Insurance Bureau of Canada and the Financial Services Commission of Ontario have stated that the changes to the province’s auto insurance system will give consumers choice while still providing the most generous medical and rehabilitation benefits in the country. ILSTV asked IBC’s Vice President of Policy [...]
All medical rehabilitation costs rose by 115.6 percent from 2004 to 2009: IBC
View the video here on your mobile device. One of the reoccurring themes in the Ontario government’s introduction of auto insurance reform was the need to control claims costs. The Canadian auto insurance industry has seen costs rise dramatically, especially in the last five years. ILSTV asked Barb Sulzenko-Laurie, IBC’s Vice President of Policy to [...]
Ontario auto reforms: Credit scoring and Unfair or Deceptive Acts or Practices
View the video here on your mobile device. As part of its measures to protect auto insurance consumers, the Ontario government included a reform to project objectionable quoting practices including the use of credit scoring, delays in providing quotes and other certain screening techniques. ILSTV asked Barb Sulzenko-Laurie, IBC’s Vice President of Policy about the [...]
Monitoring auto reforms is key: Coalition
View the video here on your mobile device. The introduction of auto insurance reforms in Ontario has undoubtedly started a lot of conversations with the public and stakeholders in a variety of industries. What these discussions did was help to underline just how complex the auto insurance system is in this province. Questions of consumer [...]
What Ontario drivers should do: A medical take
View the video here on your mobile device. The auto insurance reforms that started in Ontario on September 1 were developed to help the insurance industry keep a control on costs, while also allowing customers more choice in their policies. Dorianne Sauvé, Co-Chair of the Coalition Representing Health Professionals in Automobile Insurance Reform, says that [...]
What Ontario drivers should do: IBC’s take
View the video here on your mobile device. As part of the Ontario government’s measures to increase consumer choice in auto insurance, housekeeping and home maintenance expenses and caregiver benefits were made optional. Barb Sulzenko-Laurie, IBC’s Vice President of Policy, explains how the housekeeping benefit has changed over the last few years, and what she [...]
What Ontario drivers should do: A lawyer’s take
View the video here on your mobile device. There are more than nine million licensed drivers in Ontario and as of September 1, their insurance could change. Patrick Brown, former president of the Ontario Trial Lawyers Association and a partner with law firm McLeish Orlando, says that consumers need to be aware of what their [...]
John McArthur shares his thoughts on Ontario’s Auto Reforms
View the video here on your mobile device. John McArthur, the chairman of AMAC Consultants, Inc. shares his thoughts on the pending Ontario auto reforms. John McArthur: I chaired the Claims Committee for the Insurance Bureau of Canada in 1990 or thereabouts when the first auto reform legislation was implemented in Ontario, and there have been two iterations [...]
Medical and rehabilitation benefits across Canada
View the video here on your mobile device. Medical and rehabilitation benefits across Canada Ontario’s Standard auto insurance package is changing, and the accident benefits coverage is impacted. But how do the changes compare with the rest of the country? Here’s a breakdown of medical and rehabilitation benefit limits in Canada in provinces with non-governmental [...]
The $3,500 cap on minor injuries: A health care perspective
View the video here on your mobile device. The Coalition Representing Health Professionals in Automobile Insurance Reform is represented by a wide range of caregivers, including physiotherapists, chiropractors, occupational therapists, social workers and speech-language pathologists. The Coalition’s co-chair, Dorianne Sauvé, says that a hard limit on minor injury benefits can lead to a “gray zone.” [...]
Assessing assessment caps: A health care perspective
View the video here on your mobile device. As part of the auto insurance reforms, caps are being placed on Ontario drivers. One of the caps limits the amount of money available for assessments to $2,000. Is $2,000 enough? ILSTV asked Dorianne Sauvé, Co-Chair of the Coalition Representing Health Professionals in Automobile Insurance Reform. Dorianne [...]
