Toronto, Ontario — October 22, 2015 — Critics of the insurance industry were heartened last week by the appearance of a report from the Ontario Trial Lawyers Association that claimed Ontario auto policyholders were overcharged by more than $700 million last year.
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IBAO convention: CEOs weigh in on telematics
Half of Intact’s new auto clients in Ontario sign up for telematics, president Jean-Francois Blais said Thursday at the IBAO convention’s CEO panel in Toronto. Customers appreciate coverage tailored to them and having control over how much they pay. But, he says, telematics is just one step in the evolution of auto insurance.
http://www.citopbroker.com/
Failing to Overtake Traffic “As Quickly and as Reasonably As Possible” Found Negligent
Interesting reasons for judgement were released October 22, 2015 by the BC Supreme Court, Vancouver Registry, finding that it is negligent for a motorist to not drive ‘as quickly and as reasonably as possible‘ when overtaking another vehicle on a highway.
Ruling forces insurers to address customer beefs
Many insurers are frustrated by the amount of time it takes to get an “accident” determination settled under the dispute resolution process. But, a new ruling by the Ontario Superior Court of Justice is offering a cautionary note to insurers thinking they can circumvent the practice.
http://www.insurancebusiness.
Limitation Periods in Long Term Disability Cases (Ontario)
Generally speaking, adults have 2 years from the date of a car accident, or slip and fall to sue. If you wait until after two years from the date of the accident, you’re likely out of time to sue. This is called a “limitation period“. These limitations, are set out by statue. The best place to look when it comes to limitation periods is Ontario’s Limitations Act, 2002, SO 2002, c. 24. or the applicable act for the subject matter you’re dealing with. You’ll likely need a lawyer to help sort these things out, so have a good one to call if you have any questions about this sort of thing. But this isn’t the purpose to today’s instalment of the Toronto Injury Lawyer Blog.
Cost of problem-plagued computer system that administers Ontario welfare soars to $294 million
Social Assistance Minister Helena Jaczek said another $23 million was added after the government implemented recommendations from a PricewaterhouseCoopers report, which called for more training for frontline staff who work with recipients.
Social media posts a growing aspect of litigation holds
BOSTON — Information gleaned from social media should be top of mind when lawyers are considering e-discovery requests in litigation matters ranging from personal injury to labour and employment and the corporate sphere, according to a panel of in-house lawyers.
Ontario Auto Insurance: A Legacy of Debt for Taxpayers
In public the government is supportive of the disabled, but in private, in the real world and at Queen’s Park, it is a whole different story. – Rhona DesRoches
http://media.wix.com/ugd/
It Is Easy To Feel Bullish About Intact Financial
Dividends paid per share has risen 10% and 9% the past two years.
Car Insurers Reviewed by Consumers
Insurance companies are rated using three main criteria: Customer Experience, Value for Money and Claim Experience, where consumers can evaluate their insurers on a scale of 1 to 5 stars. Consumer comments give reviews context and share valuable experience with others.