As I predicted the cost of Tort claims is rising as the cost of AB is declining. I have often said that the expense in the system remains constant it is just the access that changes.

An article in the Canadian Underwriter confirms this trend.

“Not surprisingly, the numbers are showing that accident benefits claims ratios are coming down… But sure enough, these gains have come at the expense of auto liability claims ratios, which appear to be on the rise.

Read more in the article: Ontario Auto still bent out of shape in the Canadian Underwriter.