Insurance News - Monday, May 27, 2013

Here are the leading auto insurance headlines from ONTARIO AUTO INSURANCE TOPICS ON TWITTER for Monday, May 27, 2013:

• Two technological trends have dominated the auto insurance sector of late, usage-based insurance and driverless vehicles. Will only one win out or do they both survive?
• Ontario Divisional Court decision, Bouchard v. Motors Insurance Corporation and Financial Services Commission of Ontario, upholds pocket-bike finding: Not an automobile at time of incident.
• SAS has released a paper on premium leakage due to underwriting fraud and how to use analytics to prevent it.
• The trend toward electronic commerce in insurance continues as the Alaskan Governor has signed two pieces of legislation to modernize insurance laws and enable more online transaction.
• Cira Medical Services has just released a paper on the emerging trends in the IME industry - industry consolidation, enhanced service standards, collaboration with stakeholders.
• New Ipsos Reid poll suggests that Ontario Liberals and Conservatives are in a statistical dead heat among decided voters.  For now budget deal seems to resonate more with voters than gas plant scandal. 
• A Spanish driver has become the poster boy for anger-management classes after being caught on video trashing his expensive car. The driver impaled his Audi A8′s front end on a sidewalk railing.It appears to be a fairly minor accident.  But instead of waiting for a tow truck driver to come and get everyone out unharmed, the driver goes completely bonkers, melting his tires, jumping on the roof of the car, smashing the sunroof and then bashing the windshield in.