Insurance News – Tuesday, February 17, 2015

Here are the leading auto insurance headlines from ONTARIO AUTO INSURANCE TOPICS ON TWITTER for Tuesday, February 17, 2015:

  • The OPP report that high-risk driving and fatal collisions on the rise in Ontario.
  • Recent news shows Google and Uber  might by aiming at driverless cabs.
  • Uber wants to replace its drivers with robots. So much for that “new economy” it was building.
  • IBC raises concerns about extent of Uber auto insurance coverage (do they have any?)
  • Intact is preparing for major technology companies (e.g. Google) to shake up the way Canadians buy insurance.

HCAI Data: Most Early Treatment Is Provided By Chiropractors and Physiotherapists

The IBC has now published the standard HCAI reports for the first half of 2014. The document provides over 75 pages of aggregate data collected by HCAI going back to 2011. HCAI was made mandatory on February 1, 2011.

The standard reports are published on an “accident half year” basis. In accident half year statistics, the experience of all claims with accident dates in the same accident half year is grouped together. The accident half years are defined as calendar half years, with January to June being the first half and July to December being the second half for each of the stated years.

The chart below sets out the treatment reported on the HCAI system by healthcare profession.  It shows that the majority of claimants see a chiropractor or physiotherapist which is expected since the majority claims are strains and sprains.  But as the claims develop, claimants are seeing additional healthcare professionals.  In the most recent accident half year (first half of 2014) claimants saw an average of 1.5 professionals.  For the second half of 12013, claimants saw an average of 2.1 professionals and in the first half of that year 2.4 professionals.

The largest increases in interventions for older claims relate to physicians and psychologists. Because the data includes both treatment intervention and assessments, this is expected outcome. Older claims are more likely to undergo an independent medical assessment or a psychological assessment.  There appears to be minimal growth in chiropractic and physiotherapy interventions over time.

Insurance News – Friday, April 10, 2015

Here are the leading auto insurance headlines from ONTARIO AUTO INSURANCE TOPICS ON TWITTER for Friday, April 10, 2015:

  • Report funded by Privacy Commissioner raises serious concerns about telematics and what cars know about drivers.
  • Hackers looking to breach insurance carriers according to New York Department of Financial Services report.
  • Michigan police can check whether you have car insurance by running your plate.
  • Uber is the subject of new auto insurance regulations that may go into effect in the U.S., of which it is opposed to.
  • Progressive Insurance in the U.S. announces that for the first time it is increasing rates for some bad drivers based on telematics data.
  • Legislation in Georgia increases auto insurance requirements for ride-share firms.