http://www.scribd.com/doc/220786096/Auto-Insurance-l-Bill-171-Bill-189
Toronto, April 29, 2014: Adjusters and insurers are urged to be very specific in outlining to the insured person all the reasons why Insurer Examinations are reasonably required, or there may be serious consequences, warns Laurie Walker of Granite Claims Solutions and Jason Frost of Hughes Amys LLP.
http://www.canadianunderwriter.ca/inspress/productDetail.aspx?id=13275&er=NA
Why is there no effort on the part of our government to fix this dishonest insurance system that at best can be described as run by insurance companies who are incompetent at handling the claims of their own customers and at worst as a dysfunctional corrupt system that is harming vulnerable injured Ontarians. Bill 171 further entrenches the existing abuses and then makes it more attractive to insurers to increase their rate of denials by rewarding them financially for doing so. By reducing the prejudgement interest insurers owe on payments to MVA victims that they failed to make in the first place, it is the insurers who will benefit. Bill 171 rewards those unscrupulous or incompetent insurers.
How does that fit in with an elected official’s duty to protect the best interests of Ontarians?
This is the first of three reports that the Ministry of Finance engaged KPMG to prepare as per the Auto Insurance Cost and Rate Reduction Strategy that was part of the 2013 Ontario Budget.
TORONTO, April 28, 2014 /CNW/ – The Standing Committee on General Government will meet to consider Bill 171,An Act respecting insurance system reforms and repair and storage liens.
The Committee intends to hold public hearings in Toronto on Wednesday, April 30, 2014.
Interested people who wish to be considered to make an oral presentation on Bill 171 should contact the Clerk of the Committee as soon as possible, as witnesses will be scheduled on a first-come, first-served basis.
Those who do not wish to make an oral presentation but wish to comment on the Bill may send written submissions to the Clerk of the Committee at the address below by 5:00 p.m. on Wednesday, April 30, 2014.
An electronic version of the Bill is available on the Legislative Assembly website at: www.ontla.on.ca.
For further information: Telephone/Téléphone: 416-325-3515, Facsimile/Télécopieur: 416-325-3505, TTY/ATS: 416-325-3538, E-mail/Courriel:sylwia_przezdziecki@ontla.ola.org