Automated cars are the next big thing to affect Canada’s transportation and insurance industries, according to the Conference Board of Canada. Technological experts predict that hands free cars will be fully tested, operational, and on the roads between 2020 and 2025, which will significantly change how people commute throughout their daily lives.
http://www.lowestrates.ca/news/will-automated-cars-lower-insurance-and-improve-urban-expansion-1507
TORONTO – With last year’s passage of Bill 15, the “Fighting Fraud and Reducing Automobile Insurance Rates Act, 2014”, the handling of accident benefits disputes in Ontario is to be passed from the Financial Services Commission of Ontario (FSCO) to the Licence Appeal Tribunal (LAT).
There are obvious reasons for the public to fear this transition.
Progress on the Ontario insurance product will continue to stall out without changes to clarify injury definitions and to enhance transparency in the tort system, both of which are fuelling higher costs and hampering efforts to achieve government-mandated rate reductions, speakers suggested during P&C Crystal Ball 2015 in Toronto
Barb Taylor, the director of policy at the Insurance Bureau of Canada, had some tough talk for what she called the “strong opponents” of those fighting for change in the insurance industry.
http://www.jdsupra.com/legalnews/wsib-age-cut-off-for-loss-of-earnings-be-26425/
There is a wide range of legal disputes that can be addressed through mediation. However, here I am presenting formal steps on conducting your first mediation for personal injury cases. My article serves as a guide for lawyers who are looking to conduct their first mediation.
http://oatleyvigmond.com/handling-first-mediation/#.VMKDNi5XsdU
Remember last winter when CANADALAND revealed that Peter Mansbridge took a lucrative contract from an oil sands lobbying consortium while covering the oil sands industry on the news?
This past week FSCO released rate filings approved for fourth quarter of 2014. Sixteen insurers, representing 46.81% of the market based on premium volume, had rates approved in the fourth quarter of 2014. Approved rates decreased on average by 0.54% when applied across the total market. The total annual approved rate decreased on average 1.44% in 2014
MetLife has been accused by ex-police officers and their lawyers of intrusive, and sometimes illegal, surveillance methods to determine the legitimacy of a claim.