Toronto Sun – Risky business

Why reduce insurance benefits for Ontarians who need them most?

Following closely on the heels of the announcement by Ontario Finance Minister Charles Sousa of a targeted 15% reduction in car insurance premiums, to be phased in over two years, we had a spokesman for the Insurance Bureau of Canada chillingly proclaim, “we’re hoping that they (the provincial government) quickly introduce a new definition of catastrophic impairment. If you want to see some rate reductions, that’s the place to start to make sure that unnecessary costs related to catastrophic injuries are taken out so that money goes to people who really need it.”

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