On March 4, 2014, the Ontario Liberals tabled Bill 171, which proposed a number of amendments to the Insurance Act, the Financial Services Commission of Ontario Act, the Licence Appeal Tribunal Act, the Motor Vehicle Accident Claims Act and the Repair and Storage Liens Act. At the time of tabling Bill 171, Fair Association of Victims for Accident Insurance Reform (FAIR) and the Ontario PC party criticized the bill for not dealing with claims disputes over insurers’ medical assessments
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Ontario election call leaves auto changes in limbo
THE ONTARIO election call has left auto insurance reform legislation there in limbo — a turn of events that pleases critics of one of the bills while supporters are now clinging to the hope it will be revived no matter who runs Queen’s Park after the June 12 vote.
FAIR, the Association of Victims for Accident Insurance Reform, is relieved that the bill is being set aside. “This was a bill that our Liberal government was ramming through without adequate consultation or consideration for Ontario’s auto accident victims,” chair Rhona DesRoches said. “On April 30th this government allowed only two hours to consult with stakeholders on an issue that affects millions of Ontarians and represents billions of dollars in our economy.”
Horwath blasts Liberals on Ontario auto insurance; wants cuts passed on immediately
Still, the Insurance Bureau of Canada says the current system is “simply not working.”
“Too much of the money doesn’t actually go to accident victims,” the bureau says on its website.
“Instead, it pays for other costs like legal fees, fraud and assessments by for-profit medical facilities.”
Horwath demands auto cuts now
New Democrat Leader Andrea Horwath accused the minority Liberal governmentof siding with the insurance companies during a campaign stop in east-end Toronto, saying insurance companies have cut payouts by billions of dollars over the past several years but motorists have seen little benefit by way of lower premiums.
http://www.insurancebusiness.ca/news/horwath-demands-auto-cuts-now-177796.aspx
IBC says Horwath is not being honest with motorists
The Insurance Bureau of Canada is unimpressed with the latest pledge by NDP Leader Adrea Horwath to force insurance companies to pass on rate reductions to motorists immediately
http://www.citopbroker.com/news/ndps-horwath-vows-to-cut-auto-insurance-rates-immediately-6694
Tim Hudak says PCs will cut personal taxes 10% after balancing budget
Rates have come down an average of close to six per cent since August 2013, according to Ministry of Finance figures.
Still, the Insurance Bureau of Canada says the current system is “simply not working.”
Still, the Insurance Bureau of Canada says the current system is “simply not working.”
“Too much of the money doesn’t actually go to accident victims,” the bureau says on its website.
“Instead, it pays for other costs like legal fees, fraud and assessments by for-profit medical facilities.”
Horwath promises immediate cuts to auto insurance rates
Ontario’s New Democrat Leader Andrea Horwath says she would force insurance companies
to pass on rate reductions to motorists immediately.
Ontario election: NDP leader Andrea Horwath vows quicker action on auto insurance rates
NDP Leader Andrea Horwath says the Liberals are in the pocket of big insurance companies
and could care less about the motoring public.
Car insurance step into the election ring
Auto insurance premiums are once again taking centre stage for the Ontario elections, with the Opposition charging the Liberals are now focused on protecting the industry and not the 15 per cent chop consumer were promised.
http://www.insurancebusiness.ca/news/car-insurance-step-into-the-election-ring-177717.aspx
How we cut our car insurance bill by 30 per cent: Mayers
A year after the Ontario Liberals were prodded by the NDP to give us a 15 per cent cut in provincial car insurance rates, we’ve seen a 6 per cent average reduction with the promise of more to come.