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Home » Uncategories » Insurance News - Tuesday, November 26, 2013

Insurance News - Tuesday, November 26, 2013

Posted by Best Insurance,Car Insurance,Life Insurance,Health Insurance on Tuesday, 26 November 2013

Here are the leading auto insurance headlines from ONTARIO AUTO INSURANCE TOPICS ON TWITTER for Tuesday, November 26, 2013:
  • FSCO has revised the OAF 1 – Ontario Application for Automobile Insurance to reflect new data reporting requirements.
  • Auto insurance fraud lawsuits continue against Toronto medical assessment centres.
  • PEI is considering raising no-fault auto benefit caps including increasing the medical/rehabilitation limit to $50,000, the weekly for income loss limit to $250. They are also considering raising the cap on court awards for pain and suffering for “minor personal injuries” to $7,500.
  • The U.S. National Highway Traffic Safety Administration to give green light to self-driving car projects.  Apparently they like what they see in self-driving cars: their potential to operate more safely and fuel-efficiently.
  • Meanwhile, U.S. lawmakers are not necessarily on the same page as they expressed a mix of wonderment and concern about driverless cars during congressional hearings.
  • Still, 17 states (and Washington D.C.) have considered legislation addressing autonomous vehicles while 4 have already enacted laws.

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