Fraudulent insurance cards appear valid, but have false policy numbers and/or expiry dates, Ontario regulator says
Police teamed up with IBC, FSCO and Statefarm for investigation
It will take a few years to determine the longer-term impact of these latest reforms
Scams feature unusually low rates
Consumers will be able to buy coverage suited for their individual needs and budgets
Province will lower minimum medical and rehabilitation coverage
Possible election threatens to prevent passing of Bill C-26 by the Senate
Call to reduce the cap for accident benefits to $25,000 meeting resistance
Proposed legislation will also make auto theft a separate offence under the Criminal Code
The AMF goes after the scheme’s architects, who are accused of painting false financial portraits of the companies involved