Insurance News - Monday, May 13, 2013

Here are the leading auto insurance headlines from ONTARIO AUTO INSURANCE TOPICS ON TWITTER for Monday, May 13, 2013:

• The big news is that Ajusto was announced today by Desjardins Insurance as the first user-based insurance in Canada.  FSCO has approved the program and Ajusto will be able to offer Ontario consumers discounts of up to 25%.
• The Texas House has voted to prohibit insurers from selling stripped down “named driver” auto insurance policies.  These policies were a bad idea and have led to a lot of uninsured drivers on the road.
• The Toronto Licensing Tribunal decisions involving taxi and tow truck driver licences are now online.  The city needs to be tougher on those convicted of serious offences.
• Finally, today the Standing Committee on General Government reconvenes to review auto insurance. Appearing is representatives from GISA, FSCO's Rates and Classification unit and  the Ontario Taxi Workers Union.  Summaries will be posted at a later date.