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
FAIR does not accept responsibility for comments, opinions, statistical information etc. associated with the links listed below. Any opinions, points of view, etc. are not necessarily shared by FAIR.
For a complete list of recent articles, please go to our 'Media Articles' page under 'In the News'.
We are updating our site and we appreciate your patience.
Telematics information is powerful, but power can create other vulnerabilities. The data collected is also intensely personal. Consumers could, in fact, be disadvantaged if data is handled improperly or without due control resting with its subjects.
http://www.canadianunderwriter.ca/news/controlled-risk/1002551180/?h=controlled-risk&aid=1002551180
FSCO has determined that it will now be using an 11% ROE as a benchmark for Automobile Insurance rate filings, effective immediately.
http://williehandler.blogspot.ca/2013/08/fsco-lowers-roe-benchmark-to-11.html
These ill-conceived changes that favor insurers have created a download to the taxpayer and a backlog within our court systems. That ensures that those injured in an auto accident in Ontario have less access to necessary treatment and a long wait for justice in a province that puts the interests of big business ahead of the interests of taxpayers.
IBAO CEO Randy Carroll in a press release on Friday. “There is an inherent risk that the result of today’s announcement could result in future availability and affordability concerns for consumers in this province. Regardless of the type of business that you are running, you cannot reduce revenue without implementing cost reduction measures and expect to succeed, it just doesn’t work.”
http://www.citopbroker.com/news/ontario-government-will-mandate-15-reduction-in-auto-premiums-5622
Ontario’s car insurance system needs further reforms. Young males under the age of 25 should have the same premiums for any car. Income replacement should go with the driver, not with the car.
http://www.thespec.com/opinion-story/4048492-income-replacement-should-go-with-driver/
Ontario’s insurance coverage has been slashed in the name of savings, not for consumers but for insurers. Coverage for most injuries has been reduced from $100,000 to $3,500 in order to make more profits for insurers who are already turning down half of all claims and clogging up our courts.
http://blogs.windsorstar.com/2013/08/23/mixed-reviews-for-plan-to-reduce-auto-insurance-premiums/
The government ought to be looking at the insurance industry practices of deflating claims and wrongful denial of claims for rehabilitation with the use of bogus medical reports for what it is – defrauding consumers out of the coverage they paid for.
http://www.sunnewsnetwork.ca/sunnews/straighttalk/archives/2013/08/20130824-071306.html
The insurance industry representing more than 100 companies quickly responded that it can’t be done in two years without further cuts to benefits, including payouts for catastrophic injuries.
What part of the costs of those who are catastrophically injured is unnecessary? Who is it that Mr. Palumbo feels needs it more – those less injured? Or is it just better to give our money to insurers and expect no coverage at all? That’s already happening to half of Ontario’s accident victims
The Hon. J. Douglas Cunningham has been appointed to lead a review of Ontario’s auto insurance dispute resolution system and make recommendations on transforming the current system.
Another demonstration of the overuse of Ontario’s court system?