- Debate is underway in Florida regarding the elimination of no-fault. No-fault was originally introduced to address fraud so will eliminating it only shift fraud back from 1st party payer to 3rd party payer?
- Ontario Superior Court of Justice rules against the Motor Vehicle Accident Claims Fund after attempt to suspend an uninsured driver's licence for failing to repay the fund. The judge ruled that when a provincial agency denies a driver's licence to someone who has been through the bankruptcy process and who has "not fulfilled a judgment debt incurred as a result of an automobile accident," this is debt collection and is therefore in violation of the federal Bankruptcy and Insolvency Act.
- Gov. Rick Snyder and Republican leaders want to dump Michigan's unlimited coverage for severe vehicle crash injuries and replace it with a plan limiting auto insurance-funded coverage to $1 million. The governor promised that the average Michigan family would save $250 a year on auto insurance coverage.
- It seems that everyone agrees that Ontario drivers pay more for auto insurance than anywhere else in Canada. But that all they agree on as no one agrees on why we pay more.
Sunday, 21 April 2013
Insurance News - Sunday, April 21, 2013
Here are the leading auto insurance headlines from ONTARIO AUTO INSURANCE TOPICS ON TWITTER for Sunday, April 21, 2013: