The stated aim of the deductible is to eliminate “nuisance” cases from the system. But that is achieved by the threshold. The deductible is just another way to line the pockets of auto insurance companies. If the Ontario government sees the need to tie the deductible to inflation,why are no-fault accident benefits not tied to inflation?
Author Archives: Admin4
Include Occupational Therapy on Extended Health Benefit Plans
Occupational Therapy helps clients get back to work when faced with physical disability – sign the petition!
https://www.change.org/p/
Insurance Bureau of Canada responds to OTLA study on auto insurance costs in Ontario
“This trial lawyers’ study is misleading Ontario consumers. It is not an academic study. There are a number of factors contributing to the cost of auto insurance, including not only distracted driving and fraud – but also the exorbitant fees that trial lawyers are themselves demanding of innocent accident victims,” said Ralph Palumbo, a spokesman for Insurance Bureau of Canada (IBC).
Big profits: York U prof says insurer ROE should be cut in half
Toronto, Ontario — October 22, 2015 — Critics of the insurance industry were heartened last week by the appearance of a report from the Ontario Trial Lawyers Association that claimed Ontario auto policyholders were overcharged by more than $700 million last year.
IBAO convention: CEOs weigh in on telematics
Half of Intact’s new auto clients in Ontario sign up for telematics, president Jean-Francois Blais said Thursday at the IBAO convention’s CEO panel in Toronto. Customers appreciate coverage tailored to them and having control over how much they pay. But, he says, telematics is just one step in the evolution of auto insurance.
http://www.citopbroker.com/
Failing to Overtake Traffic “As Quickly and as Reasonably As Possible” Found Negligent
Interesting reasons for judgement were released October 22, 2015 by the BC Supreme Court, Vancouver Registry, finding that it is negligent for a motorist to not drive ‘as quickly and as reasonably as possible‘ when overtaking another vehicle on a highway.
Ruling forces insurers to address customer beefs
Many insurers are frustrated by the amount of time it takes to get an “accident” determination settled under the dispute resolution process. But, a new ruling by the Ontario Superior Court of Justice is offering a cautionary note to insurers thinking they can circumvent the practice.
http://www.insurancebusiness.
Limitation Periods in Long Term Disability Cases (Ontario)
Generally speaking, adults have 2 years from the date of a car accident, or slip and fall to sue. If you wait until after two years from the date of the accident, you’re likely out of time to sue. This is called a “limitation period“. These limitations, are set out by statue. The best place to look when it comes to limitation periods is Ontario’s Limitations Act, 2002, SO 2002, c. 24. or the applicable act for the subject matter you’re dealing with. You’ll likely need a lawyer to help sort these things out, so have a good one to call if you have any questions about this sort of thing. But this isn’t the purpose to today’s instalment of the Toronto Injury Lawyer Blog.
Cost of problem-plagued computer system that administers Ontario welfare soars to $294 million
Social Assistance Minister Helena Jaczek said another $23 million was added after the government implemented recommendations from a PricewaterhouseCoopers report, which called for more training for frontline staff who work with recipients.