Insurance Category Archives

What’s down the road for driverless cars?

For car enthusiasts, the 2014 Canadian International Auto Show to be held at the Metro Toronto Convention Centre in early February is the can’t-be-missed occasion to get a glimpse of exciting developments in the automotive industry. In our electronic age, we can expect manufacturers to showcase the technological capabilities of their newest vehicles and how their latest models can help commuters stay “connected.” Accenture, an …

Insurers get an early present; injured victims get another lump of coal

On Wednesday, December 11, 2013, the government secretly pushed through three changes to the SABS (Ontario Regulation 347/13), all of which will come into force on February 1, 2014. One of those changes is a small amendment to section 35 of the SABS dealing with the election of weekly benefits. However, the other two changes (attendant care benefits and pre-existing medical conditions) are potentially much …

Will the real consumer advocates please stand up?

“Insurers […] are the real consumer advocates.” Don Forgeron, President and CEO, Insurance Bureau of Canada   Where’d they dream that up? Beyond the headlines and stories focused on the exploits of Toronto’s mayor, the IBC was also making news. As Thompson’s World Insurance News (November 11, 2013) reported, CEO Don Forgeron, at the IBC’s Regulatory Affairs Symposium, was opining on the state of the …