In September 2010 the Ontario government slashed the medical benefits you could get under your car insurance policy for injuries suffered in a motor vehicle accident. The $100,000 limit for treatments (those not covered by OHIP) was reduced to $50,000. For accident victims with so-called "minor injuries", such as strains, sprains and whiplash, the $100,000 limit was cut to $3,500. Last month, the Financial Services Commission of Ontario (FSCO) ruled in favour of an accident victim who claimed expenses beyond the minor injury limit. Lenworth Scarlett argued that in addition his whiplash injuries he also had pre-existing injuries and subsequent psychological [...]

You purchase insurance coverage for a variety of reasons. Sometimes because it is mandated by law, sometimes it is to protect your family or assets, and sometimes it is to provide you with peace of mind that you will be taken care of if something goes wrong. In the case of automobile insurance, it’s likely for all three reasons. Courts have increasingly recognized the role that automobile insurance coverage plays in providing you, the consumer, with peace of mind. You purchase the insurance so that if something goes wrong and you are injured, you and your family are protected. Recently, the [...]

Insurance Brokers and Insurance Agents are the professionals that we count on to advise us about the different insurance policies and coverages that are available to protect our businesses and our families from fires, car accidents and disability. Not all insurance policies are created equal.  The Insurance Act and regulations provide some protection to consumers but most people follow the recommendations of their insurance broker or agent.  It is important to have regular reviews of your insurance coverage to make sure that you have enough insurance to cover the financial risks that could affect you. You should find out from your [...]