New Policy for Reduced/Fair Auto Insurance Premiums in GTA/Ontario This plea is on behalf of Nine Million Canadian Drivers in Greater Toronto Area who continue to be robbed by the Auto Insurance companies in the GTA. http://www.change.org/en-CA/petitions/stephen-harper-kathleen-wynne-elizabeth-dowdeswell-jim-wilson-mayors-of-gta-mpps-of-ontario-new-policy-for-reduced-fair-auto-insurance-premiums-in-gta-ontario
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Staged collisions a ‘catalyst’ for larger insurance fraud
Car crash scams are becoming increasingly sophisticated, investigators say, with the latest wrinkle involving organized groups gaining access to medical clinics to cash in on lucrative payouts for phoney insurance treatments.
Ontario Taking Further Action to Reduce Auto Insurance Rates
Ontario is moving forward with its plan to help reduce auto insurance rates, by introducing legislation that would, if passed, protect the province’s nine million drivers and fight fraud in the auto insurance system.
Liberals revive bill to cut auto insurance rates
TORONTO – Ontario’s governing Liberals insist they can still reach their target of cutting auto insurance rates by an average of 15 per cent across the province, even though they’re only a third of the way there with just a year to go.
http://advocatedaily.com/2014/07/liberals-revive-bill-to-cut-auto-insurance-rates/
Liberals make good on anti-fraud legislation
Ontario is moving forward with its plan to reduce auto insurance rates with legislation that would put the heat not on the industry, but tow truck drivers.
http://www.insurancebusiness.ca/news/liberals-make-good-on-antifraud-legislation-178995.aspx
Ontario moves to lower insurance rates
Ontario is restarting auto insurance and tow truck legislation to control costs as some motorists see their insurance rates climb
http://www.torontosun.com/2014/07/15/ontario-moves-to-lower-insurance-rates
Ontario will miss target of cutting auto insurance rates 8 per cent by August
Ontario will fall short of its promise to cut auto insurance rates 8 per cent by next month, Finance Minister Charles Sousa acknowledged Tuesday as average premiums inched 0.22 per cent higher in the second quarter
Auto Insurance Rates for the Second Quarter of 2014
This notice provides an overview of the private passenger automobile insurance rate changes approved or ordered by the Financial Services Commission of Ontario (FSCO) for filings reviewed in the second quarter of 2014. The number of filings reviewed by FSCO and the overall average rate change for the Ontario market may vary from quarter to quarter, based on updated information about claims costs, market conditions and other financial factors and the resulting impact that these factors have on the adequacy of an insurance company’s current rates.
combine 171 and 189 as bill 15
- Ontario Liberals have re-introduced and combined Bills 171 and 189 as Bill 15. The legislation contains some of the controversial changes introduced in Bill 171 including a reduction in prejudgment interest and restrictions on the ability to resolve SABS disputes in court.
Ontario budget’s effect on car insurance will be minimal
The Budget presented on July 14, 2014 will have little effect on car insurance. The Liberal Party had stated last year that insurance rates must be reduced by 15% but did not indicate how this would be accomplished. They seem to think that insurance companies can make changes without any actuarial studies or logical reasons.
http://www.insblogs.com/auto/ontario-budgets-effect-car-insurance-will-minimal/1600