The most costly white collar crime is tax evasion. The second worst? You probably already know.
http://www.insurancebusiness.ca/news/best-of-the-worst-in-insurance-fraud-178422.aspx?p=1
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The most costly white collar crime is tax evasion. The second worst? You probably already know.
http://www.insurancebusiness.ca/news/best-of-the-worst-in-insurance-fraud-178422.aspx?p=1
Don Forgeron, President and CEO of Insurance Bureau of Canada (IBC), today called for true leadership to help lower auto insurance premiums because Ontarians deserve a better auto insurance system – one that is free of fraud and rewards safe driving.
http://www.ilstv.com/ibc-leadership-and-cooperation-a-fresh-start-for-ontario-auto-insurance/
Beneath the steering wheels of more than 50,000 cars in Canada are small boxes the size of a mobile phone that let insurance companies monitor when, where and how people drive. The pitch made by insurers for usage-based insurance (UBI) programs is certainly enticing: By installing the device, drivers can save up to 25 per cent on their insurance bills.
Reasonableness and common sense go a long way in preventing disputes and litigation.
Those are attributes we sometimes find in short supply at insurance companies.
There is no timetable for re-introducing Bill 171. There were some strong objections expressed over several provisions in the Bill – barring access to the courts for accident benefit disputes and reducing the prejudgment interest rate. It will be interesting to see if there are any changes should the Bill be re-introduced.
http://williehandler.blogspot.ca/2014/06/what-liberal-majority-government-means.html
“In our opinion, the Liberals understand the Ontario auto issue and are committed to a two-sided solution (rate reductions met with claims cost reductions),” Mr. MacKinnon wrote in a note to clients.
Now that the Ontario Liberals have a majority government, they reportedly plan to re-table a budget in which they proposed to prohibit credit unions from promoting auto and home insurance online and to develop an office dedicated to investigating and prosecuting “serious fraud,” including fraudulent auto insurance claims.
Canadians have the right to be anonymous on the internet, and police must obtain a warrant to uncover their identities, Canada’s top court has ruled.
http://www.cbc.ca/news/technology/internet-users-privacy-upheld-by-canada-s-top-court-1.2673823
Now that the Ontario Liberals have a majority government, they reportedly plan to re-table a budget in which they proposed to prohibit credit unions from promoting auto and home insurance online and to develop an office dedicated to investigating and prosecuting “serious fraud,” including fraudulent auto insurance claims.
Ontarians gave Kathleen Wynne’s Liberals a strong majority mandate last night at the polls. So what does a Liberal majority government mean for brokers?
http://www.insurancebusiness.ca/news/wynne-wins-ontario–what-happens-now-for-brokers-178357.aspx