The Insurance Bureau of Canada (IBC) is keeping a watchful eye on the impact of Ontario’s 2010 auto insurance reforms and ongoing related initiatives, urging the provincial government to act quickly on its commitments to amend the catastrophic impairment definition and Minor Injury Guideline.
Ontario committed to a new definition of a catastrophic impairment in its 2012 budget, and the Financial Services Commission of Ontario (FSCO) is currently working on this. FSCO says it also expects to have completed a new, evidence-based Minor Injury Treatment Protocol in two years.
Read the full article at Canadian Underwriter.
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