http://williehandler.blogspot.ca/2014/08/over-70-of-injuries-continue-to-be.html
http://www.ibc.ca/en/car_insurance/documents/facts/hcdb%20standard%20report%202014h1%20-%20final.pdf
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What happens when a lawyer says something bad to an Ontario Jury: the case of the dismissed Jury
99% of all car accident and injury cases settle out of Court.
1% (or less) of car accident and injury cases do in fact go to trial.
link to the case can be found here
PwC advises insurers to outsource claims ‘where appropriate’
One leading insurer uses “third-party fraud frameworks within special investigative units, resulting in increased efficiency and accuracy by preventing, detecting, and managing claim fraud,” PwC said in the report. The un-named insurer also partners with “third-party data providers to provide real-time data (such as geospatial, workers’ compensation injury reporting) that is integrated into insurer’s claims operations.”
Revised Standard Benefit Statement
A system so dysfunctional with so many changes and band-aids that even FSCO cannot keep up and doesn’t have a clear idea of what benefits we do and don’t have – if THEY don’t know – how are we supposed to figure this stuff out?
Following further testing and development of the Standard Benefit Statement, which was released with Bulletin A-09/13 on December 20, 2013, a deficiency in the form has been identified. https://www.fsco.gov.on.ca/en/auto/autobulletins/2014/Pages/a-05-14.aspx
Is there a better system out there?
Insurers and stakeholders are struggling to find a cure for Ontario’s auto insurance woes. But the solution may lie right next door, says Echelon Insurance’s President and Chief Operating Officer, George Kalopsis.
http://www.insurancebusiness.ca/news/is-there-a-better-system-out-there-181471.aspx
Ruling raises questions about limitation periods
A leave to appeal on an Appeal Court ruling dismissed by the Supreme Court of Canada has raised the question of whether there is a limitation period on claims
Liberals Must Choose Between Ontario Drivers and Auto Insurance Industry
Liberals must choose between Ontario drivers and auto insurance industry – Today in the legislature, Bramalea-Gore-Malton MPP Jagmeet Singh asked Finance Minister Charles Sousa when Ontario drivers can expect to see some relief with…
http://insurernews.com/liberals-must-choose-between-ontario-drivers-and-auto-insurance-industry/
Province takes slow approach to reforming liability legislation
Hopes the province would act quickly to help cities stem soaring insurance costs were dashed at this week’s meeting of the Association of Municipalities of Ontario.
http://www.northernlife.ca/news/localNews/2014/08/20-insurance-sudbury.aspx
PwC advises insurers to outsource claims ‘where appropriate’
PriceWaterhouseCoopers LLP is advising insurance companies to integrate advanced telephony systems with their claims systems, to “share talent” with large groups of claims adjusters and to use analytics to understand their customers’ patterns of behaviour.
The silver bullet for Ontario auto insurance
There isn’t one silver bullet needed to cure Ontario’s ailing auto insurance system, but several; and right now the chambers are empty, says the president of one of the province’s largest auto insurers.
http://www.insurancebusiness.ca/news/the-silver-bullet-for-ontario-auto-insurance-181459.aspx