Author Archives: Admin2

Blizzard: Liberal or NDP, we can’t afford their promises

by Admin2

“The regulator FISCO (Financial Services Commission of Ontario) reported in January that, on average across the market, rates have come down just under 6%. It’s on target for the 8% for this year. Now that’s not fast enough,” Palumbo said.

http://www.lfpress.com/2014/05/22/blizzard-liberal-or-ndp-we-cant-afford-their-promises

Voter beware the Liberal minority

by Admin2
“It’s too simplistic. There’s no recognition of how complex the product is and how it operates,” said Insurance Bureau of Canada spokesman Ralph Palumbo.

Meet Vic Dhillon, Liberal MPP and candidate – Brampton West –

by Admin2
Bringing auto insurance rates down was a Liberal objective, so was bringing in laws cracking down on fraudulent claims. This is an issue facing Brampton where drivers pay among the highest premiums anywhere in North America. According to Vic Dhillon, tackling this issue as well as the deficit and every other concern plaguing the province is something the Liberals are most capable of solving. 

New videos show common staged accident methods used for insurance fraud

by Admin2
The National Insurance Crime Bureau in the United States, along with the Los Angeles Police Department, has produced several new videos to show the most common methods of staging vehicle accidents used to defraud insurance companies.

Addressing E&O Exposures How adjusters can avoid the squeeze of professional liability claims

by Admin2

The embattled independent adjusting profession has never faced so much scrutiny; yet at the same time pressure builds for adjusters to deliver results while making do with less. This can lead to professional liability claims.

Fortunately, the industry can train adjusters to employ practices to reduce the risk. Adjusters and their errors and omissions (E&O) insurers should also be aware of effective strategies to defend such claims.

http://www.claimscanada.ca/issues/article.aspx?aid=1003059584&er=NA

Provincial Liberal auto plan decreasing insurance rates

by Admin2

Facts force NDP to admit Liberal plan is working

http://www.sootoday.com/content/news/details.asp?c=73313

Bias a hot topic for experts as Getahun debate continues

by Admin2

Bias is once again the hot topic among expert witnesses after an Ontario Superior Court judge banned lawyers from meeting with their experts to review draft reports.

Justice Janet Wilson ignited a firestorm with her January decision in Moore v. Getahun, a ruling currently under appeal. Meanwhile, the Supreme Court of Canada will also tackle the issue of expert independence this fall when it hears arguments in the Nova Scotia case of Abbott and Haliburton Co. v. WBLI Chartered Accountants.

http://www.lawtimesnews.com/201405193970/focus-on/lawyer

ON Court of Appeal Divided in Accident Benefits Nexus Case

by Admin2

In a 2-1 split, the Court of Appeal for Ontario has allowed an insurer’s appeal of a priority dispute case deciding whether any insurer of any kind, or only “motor vehicle liability insurers”, are obliged to pay accident benefits pending the resolution of a priority dispute.
http://www.insblogs.com/auto/court-appeal-divided-accident-benefits-nexus-case/?utm_source=CU&utm_medium=email&utm_campaign=CU-EN05202014&e=s7vw03Wsv64srM2vx

Happy motoring, Ontario. Like paying the highest insurance?

by Admin2
Drivers with a few years behind the wheel have seen this movie before.
A long-playing and oft-fumbled political football is bouncing around again as a provincial election nears.
The issue – auto insurance rates – is hardly new.
Just over a decade ago, Liberal Leader and future premier Dalton McGuinty promised a 10 percent rollback on auto insurance premiums.

One in 10 switch auto insurance carriers

by Admin2
One in five auto insurance customers in Canada have shopped for a new insurer in the past 12 months and 9 per cent have switched – but which insurers are being hit the hardest, while others are meeting with success?

http://www.insurancebusiness.ca/news/one-in-10-switch-auto-insurance-carriers-177846.aspx?p=1