News About Insurance

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Thursday, June 20, 2013

Insurance News - Thursday, June 20, 2013

Here are the leading auto insurance headlines from ONTARIO AUTO INSURANCE TOPICS ON TWITTER for Thursday, June 20, 2013:
  • Canadian privacy advocates express alarm over the use of telematic devices after FSCO approves Desjardins pay-as-as-drive program. However, the program has been praised by Ontario Privacy Commissioner  Ann Cavoukian for the steps taken to protect privacy.
  • This Florida case covers the classic insurance fraud from that state including staged accidents and the purchase of information on legitimate accident victims from bribed hospital staff.
  • Isn't it gratifying when those arrogant fraudsters that brag about it on Twitter and Facebook discover insurers now check social media?
  • A United Kingdom study suggests up to 60% of whiplash claims are either exaggerated or fraudulent.
  • Consumer Federation of America reports that California is only state where auto insurance rates fell over two decades through 2010. The group attributes the decline to a law that gave regulators more control over rates. 
  • A spike in personal injury claims has sparked applications for a 13.5% hike in Alberta auto insurance rates and calls for new reforms.
Posted by Unknown at 11:58 AM
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      • Insurance News - Thursday, June 27, 2013
      • Insurance News - Tuesday, June 25, 2013
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      • Insurance News - Thursday, June 20, 2013
      • Insurance News - Thursday, June 6, 2013
      • Will Telematics Put An End To Age and Gender Discr...
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