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Give and Take: Auto Insurance Premiums Drop at Expense of Ontario’s Injured and Vulnerable

Written by Ontario Trial Lawyers Association / Accident Benefits / May 16, 2016
Signs at Rally for Fair Insurance Benefits

OTLA President-Elect Adam Wagman recently appeared with Jerry Agar on Newstalk 1010, Scott Thompson of AM900 CHML, and also with Tom Hayes on Global News to speak about concerns with Ontario’s new auto insurance rules. On June 1, 2016, in an effort to reduce insurance premiums in Ontario, the Provincial government has mandated changes to accident benefits. These changes include a $1 million dollar reduction …

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The Truth Revealed About Insurance Companies’ Profits in Ontario

Written by Kris Bonn / Accident Benefits, Automobile, Insurance / April 15, 2015

Dr. Fred Lazar and Dr. Eli Prisman, from the York University Schulich School of Business, conclude in a recent study that for the period of 2001 to 2013, consumers in Ontario have likely overpaid for auto insurance by between $3 and $4 billion. This money has not gone to accident victims nor to lower premiums for consumers – instead this money has gone straight to …

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