Nova Scotia launches broad review of province’s auto insurance system

Fresh on the heels of tripling its minor injury cap from $2,500 to $7,500, the Government of Nova Scotia has launched an independent review of the province’s automobile insurance system.
The government said the mandate of the review is to “ensure Nova Scotians have access to appropriate coverage and premiums that are fair, stable and affordable.”
“The standard auto insurance policy has not been reviewed for many years,” said Graham Steele, minister for the Insurance Act. “As we promised, we are going to make sure the auto insurance system is up to date and meets the needs of today’s families.”
The initiative follows a review of the minor-injury cap which resulted in legislative and regulatory changes last spring. The current review goes beyond the minor-injury cap and looks at the entire automobile insurance system in the province.
Ron L’Esperance, a former provincial deputy minister, will lead the review with the assistance of an advisory committee.
“The scope and subject matter of the review will be decided based on research, consultation and feedback from stakeholders, the public and government,” the government announced in a press release. “The research phase is underway and a public consultation process will be launched in the New Year.”