INSURANCE INSTITUTE OF CANADA AT THE FOREFRONT BREAKFAST, JUNE 18, 2013

Ralph Palumbo, vice president for Ontario at the Insurance Bureau of Canada discussed the hot button issue of Ontario auto reforms, as well as government promises of insurance premium cuts, during a presentation in downtown Toronto on June 18. Reforms spelled out in Ontario’s recent budget “are all helpful – but as I have stated several times – they are not enough to bring costs and rates down now to meet the government’s own premium target reductions,” Palumbo said during the At the Forefront Breakfast, presented by the Insurance Institute of Canada.