FAIR – supporting auto accident victims through advocacy and education
FAIR – supporting auto accident victims through advocacy and education
FAIR – supporting auto accident victims through advocacy and education
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The Fair Association of Victims for Accident Insurance Reform has taken aim at the Financial Services Commission of Ontario’s 2014 Draft Statement of Priorities, describing it as a “Christmas wish list” for insurance companies.
http://www.insurancebusiness.ca/news/fair-takes-aim-at-fsco-178130.aspx
The licensing process for auto insurance service providers, first recommended by the Auto Insurance Anti-Fraud Task Force in 2012, has officially begun.
When an insurer denies coverage to its insured, and the insured elects not to contest the denial, does this mean that others involved in the action cannot test the denial of coverage?
http://www.insblogs.com/auto/can-insurer-added-defendant-plaintiff-determine-coverage-issue/
Saskatchewan motorists will be coughing up $2.4 million this year through their mandatory vehicle insurance plan to hire 30 more police officers, who will join 30 current RCMP and municipal cops to begin enforcing tougher new traffic laws that come into effect late this month.
http://www.thestarphoenix.com/news/Safety+worth+investment/9902095/story.html
While the future of a bill meant to address pressing concerns in the auto insurance system is unknown, the issues persist, and drivers are still in need of cost-saving solutions, says Toronto personal injury lawyer Peter Cho
http://advocatedaily.com/2014/06/balance-needed-between-interests-of-drivers-insurers/
Ontario Superior Court Justice Ian F. Leach labelled the legal fees sought by the plaintiffs’ lawyers as being “extremely excessive” and “outlandish”, pointing out the total clerk time of 580.49 hours claimed “is the equivalent of someone working solidly on nothing but this matter, 40 hours per week, … for approximately 14.5 weeks”. http://www.ilstv.com/ontario-lawyers-cashing-in-when-auto-insurance-claims-go-to-court/
Alberta is poised to make a decision on the approval of usage based auto insurance by the end of this year – and according to the Office of the Superintendent of Insurance in Alberta, the only real concerns at this point is exactly what data will be collected.
http://www.insurancebusiness.ca/news/a-preview-of-what-ubi-in-alberta-may-look-like-178098.aspx
A panel discussion on usage based insurance agreed that educating the consumer is crucial to expanding telematics throughout Canada – and that can only be built through transparency and trust.
http://www.insurancebusiness.ca/news/telematics-will-succeed-on-transparency-trust-panel-178105.aspx
Although the number of detected fraudulent insurance claims uncovered by insurers in the United Kingdom was down slightly last year, the value rose 18% to a record £1.3 billion in 2013 compared to 2012.