NEWS FROM THE FRONT

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Budget Day: Blues or Good News?

Posted on Mar. 26, 2024 / Rates / Fees, General Newsletter, SABS / FSRA / Subscribe 0

Budget Day: Blues or Good News?

Changes are coming!

We have our fingers crossed hoping for some good news, but “increased options for consumers” could be a reason to worry. Some guesses from the ORA ....

- 2 Million Catastrophic and Income Replace Beneifts will be made optional

- Expansion of the MIG to include further impairments

- Further research into PPN's prior to any decisions 👀

- Something about investigating EHB benefit payments being managed by auto insurers

And just maybe – because it never hurts to hope that our lobbying has made a difference - something promising about HSP rates.

We'll be on it - and will be letting you know!!

Links to articles pictured in the image above:

Auto insurance changes coming in Ontario Budget: sources | March 25, 2024 | Mike Crawley | CBC News

What to expect from today's Ontario budget | March 26, 2024 | Mike Crawley | CBC News

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