Registering and insuring your vehicle using your parent’s address in a neighbouring city might seem like a clever way to save money on your auto insurance rates.
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Revised Standard Benefit Statement
With this Bulletin the Financial Services Commission of Ontario (FSCO) is releasing a revised Standard Benefit Statement, the use of which will become mandatory on September 1, 2014.
Case of vanishing insurance – Don’t let insurers cancel your policy retroactively, or take away your right to sue
What doesn’t make sense occurs when an insurance company tries to use the law to retroactively void an insurance policy, to take away an injured driver’s right to sue.
http://www.torontosun.com/2014/06/21/case-of-vanishing-insurance
Do Ontario accident victims heal more slowly?
It is a question brokers within the province are asking after looking at the statistics, especially when Ontario insurers are trying to meet the 15 per cent premium targeted cut.
http://www.insurancebusiness.ca/news/do-ontario-accident-victims-heal-more-slowly-178467.aspx
Should Canada revisit credit rating for auto underwriting?
According to a recent report, one of the most hotly debated underwriting factors in U.S. auto insurance is an applicant’s credit history, with some major American insurers reporting a 116 per cent fluctuation in premium on credit data. But would drivers here benefit from underwriters including credit history when calculating auto premium?
Ontario Auto Policy Can’t Drag Alberta Defendants to Ontario
The Court of Appeal for Ontario has released a decision dealing with whether Ontario has jurisdiction over a case stemming from a motor vehicle accident in Alberta
http://www.insblogs.com/auto/ontario-auto-policy-cant-drag-alberta-defendants-ontario/
How Insurers use Social Media (Facebook, Twitter, Instagram) against you
just because something is fun or popular, doesn’t mean that it’s right for you, particularly when you’re in the middle of a litigation battle against a large, deep pocketed insurance company.
Insurance Bureau calls for ‘tough measures’ in Ontario to fight auto claims fraud
Now that the Ontario Liberals have been returned to power with a majority government, the Insurance Bureau of Canada is urging the provincial government to re-introduce Bill 171, which died on the order paper when the election was called last month.
Manitoba’s public insurer seeks rate increase; blames bad winter
WINNIPEG – Manitoba drivers could end up paying more for auto insurance if the province’s public insurer gets its wish.
Prevalence of aggressive driving ‘troublesome:’ RBC Insurance
One in four Canadian drivers say they are “likely to take some kind of action” if they witness another driver committing what they characterize as a “pet peeve,” such as using a mobile device, failing to signal or following too closely, according to a new survey from RBC.