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Home » Uncategories » Insurance News - Thursday, May 2, 2013

Insurance News - Thursday, May 2, 2013

Posted by Best Insurance,Car Insurance,Life Insurance,Health Insurance on Thursday, 2 May 2013

Here are the leading auto insurance headlines from ONTARIO AUTO INSURANCE TOPICS ON TWITTER for Thursday, May 2, 2013:
  • Is it possible that half of all collision repair shops could close within ten years?  Some in the industry believe that continued financial pressures on facilities will push many out of business.
  • Insurers and brokers are concerned that the announced 15% premium roll-back will not be sustainable without additional reforms and creates unreasonable expectations for consumers. 
  • Meanwhile, advocates for accident victims worry that the proposed roll-back will lead to additional reforms that will further reduce accident benefits.
  • A 2012 study by the Pembina Institute concluded that two-thirds of GTA drivers indicated they would likely try “pay as you drive” auto insurance if it were available.
  • Soon, Google won't be the only one with self-driving cars. U.S. carmaker General Motors will soon begin testing the Cadillac Super Cruise which has a a semi-autonomous driving system.
  • Armless Saskatoon man ticketed for not wearing a seatbelt he can't do up.  There is technology to address this problem - I do remember the automatic seatbelts in the 1970s belted you in passively. 
  • Finally, is this what commuting in the GTA has become?

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