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.
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.
Top 20 auto insurers
Suzanne Sharma on May 27, 2011
Early trends from reforms encouraging, says #4 insurer State Farm Canada.
5 ways to detect staged accidents
April 25, 2011
Protect your clients from becoming victims of fraud by informing them about these warning signs.
IBC, IBAO back Ontario Budget
March 30, 2011
Ontario government combats fraud in the 2011 Provincial Budget.
5 tips to fight fraud
March 16, 2011
Staged car accidents and subsequent false claims are on the rise.
5 issues on IBAO’s radar
Suzanne Sharma on January 24, 2011
Brokers should be ready to accept change, said Randy Carroll, IBAO CEO.
State Farm sues Toronto-area medical clinics
Suzanne Sharma on December 29, 2010
The company is seeking over $10 million in damages for fraudulent insurance claims
More Aggressive Fraud Needs Stronger Response: IBC
Terri Goveia on August 2, 2010
Changing nature of fraud rings requires provincial help: IBC
May 15, 2012
Search the Insurance Directory
Elliott Special Risks LP Category: Wholesaler, MGA, or Intermediary
Premiere Insurance Underwriting Services Inc Category: Wholesaler, MGA, or Intermediary
Totten Insurance Group Category: Wholesaler, MGA, or Intermediary
Sovereign General Insurance Company Category: Insurer
Trans Canada Insurance Marketing Inc. Category: Wholesaler, MGA, or Intermediary
