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Monday, 28 October 2013

Insurance News - Monday, October 28, 2013

Here are the leading auto insurance headlines from ONTARIO AUTO INSURANCE TOPICS ON TWITTER for Monday, October 28, 2013:
  • FSCO's third quarter rate approvals are posted and they show a decline of 0.68% for the entire market.  However, CAA rates are dropping by 7.15%, as the insurer appears to be the first company to aggressively accept the government rate reduction strategy.
  • Ontario auto insurers are moving closer to widespread deployment of usage-based insurance programs.
  • Florida appeals court finally lifts temporary ban on part of auto insurance law clearing the way for enforcement on anti-fraud reforms.
  • Meanwhile, a Florida crack down on insurance fraud has led to 1,571 arrests for the first half of this year.
  • Self-driving cars projected to reduce injuries by 90 percent and save $450 billion annually in the U.S.  What impact will that have on premiums?
  • Not only that, but data shows that self-driving cars are smoother, safer drivers than humans.
Posted by Willie Handler at 21:22
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Willie Handler
I worked 33 years in the Ontario public service, 20 of them working on auto insurance policy and regulations. My complete bio can be found on the 'About Me' tab of my blog.
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Willie Handler and Associates

I am operating a consulting practice following 33 years in various positions in the Ontario public service. During that time I have become one Ontario’s foremost expert on auto insurance having worked for 20 years on auto insurance regulatory policy for the Ontario government including 4 major reforms of the Ontario auto insurance system.

My consulting work has included advice on anti-fraud measures, a proposal on licensing on health care clinics, recommended reforms to Ontario's auto insurance dispute resolution system and research on disability management systems and territorial rating. I am available to work with government, the insurance industry and the rehabilitation sector.

I can be reached at williehandler@gmail.com.

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      • Insurance News - Monday, October 28, 2013
      • Here are the leading auto insurance headlines from...
      • Insurance News - Tuesday, October 22, 2013
      • Insurance News - Saturday, October 19, 2013
      • Insurance News - Tuesday, October 15, 2013
      • Ontario Government Consulting On Proposed Service ...
      • Insurance News - Sunday, October 13, 2013
      • Insurance News - Friday, October 11, 2013
      • Insurance News - Monday, October 7, 2013
      • FSCO Releases Usage-Based Insurance Guidelines
      • Insurance News - Sunday, October 6, 2013
      • Insurance News - Friday, October 4, 2013
      • Insurance News - Thursday, October 3, 2013
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