For the last decade, insurers have sought to change automotive underwriting by relying on real data from vehicles, rather than using proxies such as drivers’ estimates of mileage driven, traffic tickets, and accidents. However, as the industry in poised for rapid expansion, a leading expert is suggesting that it is already a failure. But there is a potentially better approach.
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The License Appeal Tribunal has held that a person who tripped over stone blocks and fell into a parked Honda vehicle was involved in an “accident”, making him entitled to receive accident benefit under the Statutory Accident Benefits Schedule.
Use of an endorsement form not approved under s. 227(1) of the Insurance Act does not necessarily invalidate an agreement between the parties about exclusion from insurance coverage.
Self-driving or autonomous cars are no longer a thought for the future, they are coming. These driverless cars will take the wheel from humans and place it in the hands of computer automation. The potential for driverless cars that could reduce accidents and save lives may have large implications on the Canadian auto insurance industry. Changes to insurance premiums, liability concerns, the regulatory framework, and general insurance costs will all be shifting too.
Driving is a risky activity according to statistics released last year by the provincial government in Ontario. Motorists were involved in almost 36,000 collisions that resulted in personal injuries to 49,601 people and the deaths of 483 others. Pregnancy adds greater risk for mothers and their unborn child in the event of an accident and affects how personal injury claims are handled by lawyers and the courts.
What is the appropriate penalty for a careless driver who causes a serious injury or wrongful death? Under the Province of Ontario’s Highway Traffic Act, careless drivers face a fine of between $400 and $2,000; up to six demerit points; up to a two-year licence suspension; and up to six months in prison.
Motorcycle season is in full swing, and thousands of avid bikers are enjoying the warm air and dry pavement. But when motorcyclists are injured in accidents, the consequences can be devastating. Here are the biggest challenges associated with motorcycle accident claims.
Transport truck-related collisions continue to take a significant toll on human life on Ontario roads, with one in five road crashes involving large commercial vehicles.
Insurance companies use all sorts of factors to determine the cost of auto insurance, and one of those contributing factors is the type of vehicle to be insured. Providers take into account a number of statistics pertaining to a vehicle including those of theft and safety ratings. But, how do these various statistics stack up against each other when comparing cars to vans, or trucks to SUVs?
In 2015, auto insurance fraud cost Ontario consumers an estimated $1.3 billion – 13% of total auto insurance premiums. This considerable cost suggests that thousands of people are committing this type of crime.
Western Medical Assessments (WMA) provides expert medical assessment services to insurance companies, lawyers (both defense and plaintiff) and employers. Our reputation as one of Canada’s most respected disability assessment companies is premised on our trusted network of thousands of clinical experts — mostly specialists — across all medical disciplines (physical and psychological). We’ve been entrusted to complete 63,000 independent medical examinations (IMEs) as our clients appreciate our medical direction, evidence-based medical opinions and complete independence from any ethical conflicts of interest.