Year: 2020

Disconnect between insurers’ record earnings and financial challenges facing Canadians

The impact of the second wave of COVID-19 on the personal finances of Canadians — particularly personal injury plaintiffs — versus the insurance industry is “diametrically opposed” and “quite troubling,” says Easy Legal Group of Companies President and CEO Larry Herscu.

Disconnect between insurers’ record earnings and financial challenges facing Canadians Read More »

Nominal rebates signal auto insurers’ reluctance to adjust rates

Insurance companies in Ontario are facing roadblocks if they attempt to increase auto insurance premiums in the near future, says Easy Legal Group of Companies President and CEO Larry Herscu.

“If anything, drivers in the province should see reduced car insurance rates beyond the patchwork of nominal rebates that have been offered as a result of COVID-19,” he says.

Nominal rebates signal auto insurers’ reluctance to adjust rates Read More »

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