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Tuesday, 28 October 2014

Insurance News - Tuesday, October 28, 2014

Here are the leading auto insurance headlines from ONTARIO AUTO INSURANCE TOPICS ON TWITTER for Tuesday, October 28, 2014:

  • Japanese insurer is about to launch a smartphone service that warns drivers when their vehicles are approaching locations where traffic accidents frequently occur.
  • Companies such as Google and Amazon may pose some of the biggest threats to insurers, as consumers increasingly trust technology behemoths to provide services such as insurance.
  • A recent study concluded that Americans wasted $124 billion sitting in traffic in 2013 and traffic cost the average household $1,700 a year.
  • Insurance Bureau of Canada warns UberX drivers about insurance coverage  (or lack of it).
  • The use of anti-fraud technology by insurers in North America is on the rise however, many companies are still struggling with the deployment of proactive predictive analytics tools because of resource constraints, according to a study.
Posted by Willie Handler at 20:29
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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 - Wednesday, October 29, 2014
      • Insurance News - Tuesday, October 28, 2014
      • Ontario's Rate Reduction Strategy Likely To Fall S...
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      • Update On Fraud
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