TORONTO, June 12, 2012 /CNW/ - Insurance Bureau of Canada (IBC) blasted
contentions made today by groups opposed to updates to the definition
of catastrophic injuries related to auto insurance as "self-serving
Allegations were made by the Ontario Trial Lawyers Association, the
Alliance of Community Medical Rehabilitation Providers, and the Ontario
Safety League that the Ontario government will bring about changes that
will "dramatically reduce the insurance benefits available to severely
injured victims of auto accidents."
"This is false, misleading, singularly irresponsible and is nothing more
than self-serving fear-mongering," says Ralph Palumbo, VP, IBC,
Ontario. "It is part of a campaign by people who make money from auto
collisions and want to maintain the status quo. They're worried that
more money will go to treatment instead of their legal fees. Ontarians
should listen to the advice of the medical experts and not lawyers."
An Expert Panel composed of medical experts and rehabilitation
professionals has advised the government on treatment standards,
particularly in the definition of catastrophic impairment. The
Superintendent of Insurance has submitted his recommendations to the
Minister of Finance, following which the public and all stakeholders
will be able to provide their submissions. The government promised a
public consultation in the 2012 budget.
The panel of experts was of the view that the current system leads to
inconsistent catastrophic impairment determinations and frequently gets
the diagnosis wrong. The proposed changes would make the process more
accurate, consistent and objective and would incorporate leading edge
science-based evidence into CAT determinations.
Auto insurance benefits were $1 million for catastrophic injuries before
the September 2010 reforms and it remains so now -with the
understanding that motorists can purchase more if they wish.
The Expert Panel report creates a new "interim" catastrophic injury
category to get people the care they need even before a determination
is made and puts children under 18 into the catastrophic category
About Insurance Bureau of Canada
Insurance Bureau of Canada is the national industry association
representing Canada's private home, car and business insurers. Its
member companies represent 90% of the property and casualty (P&C)
insurance market in Canada. The P&C insurance industry employs over
114,000 Canadians, pays more than $7 billion in taxes to the federal,
provincial and municipal governments, and has a total premium base of
To view media releases and information, visit the media section of IBC's
website at www.ibc.ca.
SOURCE INSURANCE BUREAU OF CANADA
For further information:
Media Relations Officer
Insurance Bureau of Canada
416-362-2031 ext. 4312