Advocacy groups to hold rally protesting “very shady” industry practices

The organizations allege that Canadian insurance companies use “very shady business practices” that causes further harm to auto accident victims.

Insurance News

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In response to last week’s advancement of Bill 91, Building Ontario Up Act, two advocacy groups are organizing a public protest to be held on June 3rd at Queen’s Park, Toronto called #Rally4AccidentVictims.
 
FAIR Association of Victims for Accident Insurance Reform and the Accident Benefit Coalition are not just protesting provincial government, however.
 
The groups feel that insurance companies also unfairly benefit from the legislation, and allege that provincial government’s proposals to reduce coverage for the catastrophically injured is uncalled for, given the industry’s profit margins.
 
“It is unacceptable to be giving away money to wealthy insurance companies who are already using some very shady business practices to deny a record number of claims,” reads a release from FAIR.
 
Among these practices, FAIR contends, are insurance companies employing "for-hire physicians who provide insurers with the medical reports used to decide whether or not an injured claimant is entitled to treatment and benefits.”
 
In addition, the non-profit association alleges that this arrangement allows insurance companies to place severely injured victims in numerous social services programs, forcing taxpayers to cover their expenses instead of insurance payouts.
 
“Our government is giving insurers a financial gift by allowing insurers to pay injured victims less and simultaneously download the cost of victims to the unsuspecting taxpayers who are the same drivers looking for a break on insurance premiums,” FAIR said.
 
The groups are also calling for supporters to sign an online petition.
 

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