The Auditor General’s report on the “value for money” audit of the Financial Services Regulatory Authority of Ontario (FSRA) provides a rare glimpse into the workings of the Ontario provincial auto insurance regulator and the often byzantine world of auto insurance rating, pricing and claims handling.
Contained in the 2019 Ontario Budget, Protecting What Matters Most, the government announced that it will be restoring the ‘missing million’ in auto insurance coverage for the most seriously injured, or “catastrophically impaired”, that was slashed in 2016.
Recent Shuttleworth decision underscores that there are more problems than just the appearance of the independence of the review process.
For most of us, driving is a necessity. All drivers in the province of Ontario must have car insurance. Paying these ever-increasing premiums is also a necessity. Despite the fact that premiums keep increasing, the car insurance policy is shrinking. Most injured people get only $3,500 in rehabilitation coverage. Even those with more serious injuries, including catastrophic injuries, have had their benefits cut in half. …
What is Joint and Several Liability? Where more than one party is at fault and causes harm to someone, they are, in law, equally responsible to pay out the total amount of damages owing to the injured person. This happens frequently in car accident cases where an at-fault driver’s insurance policy limits are not adequate to cover the injured victim’s damages. If a municipality is …
Changing the focus in medical negligence: From protecting negligent doctors to providing effective victim compensation For more than 25 years, the Government of Ontario has provided hundreds of millions of taxpayer dollars to the Canadian Medical Protective Association (CMPA). The CMPA is the principal provider of defence legal services and indemnity payments for doctors in Canada. Over the last ten years alone, Ontario taxpayers have …
