So I put to you, how is it that the insurer is complaining about its costs when it is in the business of collecting premiums to cover individuals when they have a car accident and are injured and 92% of policyholders do not in fact make a claim.
Author Archives: Admin2
Bill 29, Medicine Amendment Act, 2014
Current Status: First Reading Carried
Bill 29 2014 http://www.ontla.on.ca/web/bills/bills_detail.do?locale=en&BillID=3055&detailPage=bills_detail_the_bill
An Act to amend the Medicine Act, 1991
Her Majesty, by and with the advice and consent of the Legislative Assembly of the Province of Ontario, enacts as follows:
1. The Medicine Act, 1991 is amended by adding the following section:
Register
8. (1) The register maintained by the Registrar shall contain the following information about each member, in addition to the information that is required under the Health Professions Procedural Code:
1. A notation of every complaint filed with the Registrar regarding the conduct or actions of the member.
2. A notation of every caution of a member by a panel of the Inquiries, Complaints and Reports Committee.
3. With respect to every civil action or proceeding alleging the member’s professional negligence or malpractice, the prescribed information.
4. A notation of every death of a patient who was under the member’s care, as determined in accordance with the regulations.
5. If a member practised medicine in another jurisdiction, all available information from the other jurisdiction that is comparable, as determined in accordance with the regulations, to the information described in paragraphs 1 to 4.
Same
(2) The Registrar shall make best efforts to obtain the information described in paragraphs 1 to 5 of subsection (1).
Publication ban
(3) No action shall be taken under this section which violates a publication ban, and nothing in this section requires or authorizes the violation of a publication ban.
2. Section 12 of the Act is amended by adding the following clause:
(d) for the purposes of paragraphs 1 to 5 of subsection 8 (1), prescribing anything referred to as prescribed and governing any matter referred to as being determined in accordance with the regulations.
Commencement
3. This Act comes into force on a day to be named by proclamation of the Lieutenant Governor.
Short title
4. The short title of this Act is the Medicine Amendment Act, 2014.
EXPLANATORY NOTE
Currently, the Health Professions Procedural Code requires the College of Physicians and Surgeons of Ontario to maintain a public register of its members containing certain information. The Bill amends the Medicine Act, 1991, to provide that the register must also include information about complaints, cautions and civil actions or proceedings against a member, as well as information about deaths occurring in patients under the member’s care. The register would also include comparable information from other jurisdictions in which a member practised.
New brokerage focused on telematics in Ontario, Alberta
Calgary-based brokerage Godfrey-Morrow Insurance has launched InsureMy, a new brokerage and website focused particularly on auto insurance telematics products in Ontario and Alberta.
Why do young drivers crash? It’s a brain-thing
The numbers are daunting: each year, of the more than 490,000 newly qualified U.K. young drivers who begin driving on their own for the first time, nearly 50,000 will crash in the first six months.
http://www.insurancebusiness.ca/news/why-do-young-drivers-crash-its-a-brainthing-185735.aspx
Battle is won, but the war continues
The battle for Bill 15 may be won, but the war is far from over in making auto insurance viable, says one insurer.
http://www.insurancebusiness.ca/news/battle-is-won-but-the-war-continues-185722.aspx
WSIB Response to OFL Report
TORONTO, On Nov. 24, 2014 /CNW/ – The Ontario Federation of Labour released a report identifying a number of employers who allegedly received rebates from the Workplace Safety and Insurance Board (WSIB) after being convicted of offences under the Occupational Health & Safety Act. This report was also profiled in a front-page story in the Toronto Star.
IBAO applauds passage of Bill 15
A consistently dissenting voice has come from the group FAIR (the fair association of victims for accident insurance reform), which feels that the provision within Bill 15 for reducing the Prejudgment Interest to 1.3 per cent will only serve to encourage insurers to dispute more claims.
“There needs to be more accountability, not less,” FAIR’s board chair Rhona DesRoches told Insurance Business. “Without anything to discourage them, insurers will be incentivized to systematically deny claims through the use of partisan medical reports prepared by their preferred medico-legal ‘expert’ assessors to deflate a claim.
http://www.insurancebusiness.ca/news/ibao-applauds-passage-of-bill-15-185713.aspx
Ontario’s Bill 15 a good first step, but claims costs must be reduced, insurer says
Aviva Canada said Monday it is pleased with the recent passage of Bill 15 in Ontario, which takes measures to reduce auto insurance fraud in the province, and has an overall goal of reducing average rates.
Jail term applauded by insurer
The conviction and jail term handed out to an Aviva Canada policy holder is welcome news for an industry looking to get tough on fraud.
http://www.insurancebusiness.ca/news/jail-term-applauded-by-insurer-185723.aspx