What's News Blog
A recent FSCO decision of Arbitrator Wilson provides an answer to the question of whether an insurer gets credit against Income Replacement benefits, for a lump sum CPP Disability payment received long after an accident.
The insured, Leroy Pries applied for and received accident benefits, (and in particular the IRB benefit) from Economical Mutual Insurance Company following a motor vehicle accident of September 3, 2007.
As we all know, as of September 1, 2010, the old SABS has received what many see as an ‘extreme makeover.' As is the case with all new legislation the transition from the old to the new laws will be complex to say the least.
In my article The New Accident Benefits Schedule Transition Provisions I outline some of the main transition rules and issues surrounding the establishment of the new SABS.
The sections outlined in this article include: