Insurance News - Wednesday, December 12, 2012

Here are the leading auto insurance headlines from ONTARIO AUTO INSURANCE TOPICS ON TWITTER for Wednesday, December 12, 2012:

• FSCO has released an auto insurance bulletin -- 2013 Indexation Percentages under SABS.
• An Ontario court has held that an auto insurer and home insurer are obliged to defend in an action for personal injury because of the potential for concurrent liability. 
• An Ontario Court of Appeal decision finding the FSCO failed to mediate a number of accident claims within a 60-day time limit could mean up to $300 million in costs that insurance companies will pass on through premiums, a lawyer estimates.
• $1.4-billion in unpaid corporate taxes being written off in Ontario: Auditor-General.