Auto Insurance Fraud
Staged accidents and loosely-regulated medical assessment companies have plagued the auto insurance sector in Ontario--and the Greater Toronto Area in particular--with millions of dollars in faudulent claims in recent years. Insurance companies and the Ontario provincial government are stepping up the fight against fraud with new regulations and lawsuits against unscrupulous assessment and rehab clinics. The fraud issue is also starting to gain mainstream traction in the leadup to the Ontario provincial election in October.
Toronto-area police bust 14 fraudsters
November 18, 2011
The search continues for 20 others suspects in a $10 million fraud investigation.
State Farm files lawsuit against several Toronto medical clinics
November 14, 2011
The company is seeking more than $21 million in damages.
Provincial elections touch on insurance issues
Suzanne Sharma on October 4, 2011
Insurance fraud, cat events and the use of credit scoring among key concerns.
Hamilton, Ont. police nab insurance fraudsters
August 24, 2011
IBC continues to aid in investigation of 50 other fraud cases in the Greater Toronto Area.
BC Supreme Court prosecutes fraudsters
August 19, 2011
Defendants in stolen vehicle ring ordered to repay ICBC over $344,000.
FSCO cracks down on fraud
August 10, 2011
Owen Giddens and Ontario Disability charged with making false or misleading statements to auto insurers.
The Co-operators goes to court
August 2, 2011
The insurer seeks $7 million in damages for fraudulent claims filed by Toronto-area medical clinics.
Insurance fraud becoming mainstream issue
Suzanne Sharma on July 14, 2011
GTA is the staged accident capital of Canada, says IBC.
IBC lauds Ontario’s new anti-fraud regs
Steven Lamb on June 13, 2011
Regulation 194/11 strengthens the insurer’s right to access medical invoices claimed by insured clients.
TIWA Wine & Cheese Reception 2012
February 16, 2012
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