The budget is also committing the government to take steps to lower auto insurance rates in the province, requiring the rate charged on monthly premiums be lowered from 3 to 1.3 percent. In addition, the government will also prohibit increases in monthly premiums for minor at-fault accidents that involve no injuries. Sousa says he wants insurance companies in Ontario to give drivers a discount for using winter tires
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Understanding “no-fault auto insurance” as it applies to Ontario drivers
No-fault auto insurance does not imply no-fault accidents, says Managing Partner Matt Dubblestein of All-Risks Insurance Brokers Kingston Ontario. When it comes to auto insurance, make sure you understand your responsibilities as a driver, as well as those of your insurance company.
Brampton drivers continue to suffer high insurance rates
Why are insurance rates for drivers higher in Brampton than anywhere else in the province or for that matter across Canada? If you ask insurance companies, they will point to rampant fraud, more accidents and claims as well as the higher cost per claim in Brampton. Is it true? It depends who you ask.
http://www.canindia.com/2015/04/brampton-drivers-continue-to-suffer-high-insurance-rates/
Hard times on ODSP In Toronto: Fiorito
The Ontario Disability Support Program is designed to help those of us who are, for one reason or another, unable to earn a living. Last year there were 42,700 ODSP applications in Ontario.
http://www.thestar.com/news/gta/2015/04/23/hard-times-on-odsp-in-toronto-fiorito.html
Ontario’s doctors say budget puts the health care system at risk
“The government’s budget continues to drastically underfund health care – that’s a problem for patients and it’s a problem for doctors,” said Dr. Ved Tandan, President of the Ontario Medical Association. “There are 900,000 people in this province without a family doctor and the population continues to grow and age – this budget ignores both that growth and that unmet need and that’s unacceptable.”
Ontario drivers to get insurance discount for snow tires
Among the details in Thursday’s provincial budget, is a requirement that insurance companies offer motorists a discount for having snow tires on their vehicles.
Insurers offering UBI must consider outsourcing risks: Quebec’s AMF
Insurers providing usage-based insurance (UBI) in Quebec are advised that they must manage not only their own risks, but also those associated with outsourced activity, Julien Reid, senior director of financial institutions oversight and deposit insurance for the Autorité des marchés financiers de Québec, said during Insurance Telematics Canada in TorontoThursday.
UBI will not realize full potential until regulatory constraints are removed, telematics conference hears
Usage-based insurance (UBI) is failing to gain traction in Canada because of the country’s regulatory regime, suggested Colin Wright, principal of Corner Two Consulting, during a presentation at the Insurance Telematics Canada 2015conference in Toronto on Friday.
Ontario Liberals look to make big cuts to climb out of deficit
The Ontario government is eliminating registered nurse jobs, courting labour unrest with teachers and clawing back social services – including a $100 monthly benefit for disabled people who work – as it seeks to dig itself out of deficit.
No fault auto insurance reform steaming through Capitol
April 23–LANSING — For the third time in two years, lawmakers are trying to overhaul Michigan’s no fault auto insurance system in an effort to bring down costly rates for consumers.