Tips Car Insurance 2012

The New Brunswick government proposed raising the cap on minor-injury awards and indexing it to inflation last June. But those regulatory changes have not been implemented and the delay sparked a debate inside a legislative committee on Wednesday. Liberal MLA Bernard LeBlanc questioned Judith Keating, the deputy minister of justice, about the lengthy delay in implementing the provincial government’s reforms. "We're not seeing anything which is affecting the cap or anything. I know there's been recommendations but there's been no action taken solidly. How long will it take,” LeBlanc said. The Opposition Liberals are pushing provincial justice officials for answers on why it is taking so long to change car insurance rules. She said there needs to be actuarial calculations to determine if the provincial government's changes are sustainable. "I have to disagree that there's been no action,” Keating replied to the Liberal MLA. The Alward government launched the working group, which included industry experts, shortly after the 2010 election campaign. The working group released its report in November 2011, which called for the raising of the cap to between $4,000 and $6,000 and clarifying the definition of minor injuries. The Alward government responded to a provincial working group on automobile insurance in June, where it called for the cap on damages for minor personal injuries to jump to $7,500 from $2,500.
0 Comments and Thoughs for "Tips Car Insurance 2012"