Every day, insurance companies pay millions to Canadians for injuries and property damages. Every Ontario driver is required by law to have car insurance, so many of these settlements involve car insurance policies. With an increase in car accidents and rising repair costs, Canadian auto insurers are seeing an increase in auto personal loss ratio for the fourth year in a row. A loss ratio is...Read More
An accident that might only happen in seconds can have life-long effects. The financial and emotional stress takes its toll on not just the injured but also that person’s family.According to the Canadian Motor Vehicle Traffic Collision Statistics, the year 2016 saw an increase in fatalities and total injuries. The total number of collisions with personal injuries was approximately...Read More
Six insurance companies are named in a series of proposed class action lawsuits by lawyers on behalf of thousands of auto-accident victims claiming they were shortchanged hundred of millions of dollars for years.It is alleged that the companies did not pay or reimburse HST on benefits and/or the HST was deducted from the claimants’ benefit limits, an illegal and unfair practice. Continue...Read More
“There are a lot of cruel personal injury laws: caps on pain and suffering, secret deductibles, biased doctors, the list goes on. But, there is one that is the worst of them all: The cap on damages for the loss of family members.” Read more in OTLA’s Blog post: http://ow.ly/gQ3p30mw21nRead More
