- South Dakota has some of the youngest drivers in North America so they now have a law bars drivers from ages 14 to 16 from using cell phones.
- How is this for a big tort award? Jury awards $43 million to a Vermont woman paralyzed in car crash.
- New Brunswick has merged financial regulators. The new Financial and Consumer Services Commission will be responsible for securities, insurance, pensions, consumer affairs, co-operatives, credit unions, caisses populaires and trust companies.
- California offers a no-frills auto policy to low-income drivers. Those policies just got cheaper as rates fall in that state. The no-frill policies start at $226.
- FSCO's final 2013 Statement of Priorities is now available online. A list of auto insurance related priorities can be found here.
- Also last week FSCO launched an auto insurance fraud hotline (1-855-5TIP-NOW ) and a new fraud web portal.
- The Consumerization Of Risk Management: Using technology to allow drivers to reduce their own risk.
- Talk about big sinkholes. A sinkhole in Ohio was so large it swallowed entire car and the driver needs ladder to climb out.
- A new way to heal broken bones: 3D-printed casts. I wonder what impact they will have on claims in the long run.
- A Chinese man has to be King of the Scammers. He was involved in 334 staged accidents to scam insurers, that's one every three days for three years.
Saturday, 6 July 2013
Insurance News - Saturday, July 6, 2013
Here are the leading auto insurance headlines from ONTARIO AUTO INSURANCE TOPICS ON TWITTER for Saturday, July 6, 2013: