From: Barbara Legate <blegate@legate.ca>
To: obligations@uwo.ca
Date: 17/04/2011 14:25:55 UTC
Subject: more on no-fault "solutions"

The Financial Services Commission of Ontario released a review of the Catastrophic Impairment Designation contained in our Insurance Act and Regulations. The definition is intended to draw a line between those entitled to lifetime $2M in benefits, and those entitled to ten year $50,000.

It persists in the tort side of the legislation but has become less relevant due to other amendments.

For a look-see into the administrative quagmire, you may find this interesting.               http://fsco.gov.on.ca/english/insurance/auto/reform/Cat_Impair.pdf

 

Barbara Legate

blegate@legate.ca

 

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Please visit us at: www.legate.ca

150 Dufferin Ave Suite 302
London, ON N6A 5N6
Tel: 519-672-1953
Fax: 519-672-6689

 

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