Investor Presentaiton
The minor injury cap is rooted in a confusing, convoluted, and complex
regulatory entanglement. These laws have only recently been
interpreted by the courts, which have thankfully brought increased
clarity and certainty to their application.
RESISTING THE
URGE
Expanding the minor injury caps will only upset this newfound certainty
and impose a further strain on stakeholders such as injured Albertans,
medical professionals, insurance adjusters, courts and lawyers.
Efforts to expand the cap arise out of a crisis that has been
manufactured by the insurance industry. The insurance industry's
numbers and arguments should not simply be accepted without
thorough review and scrutiny. The insurance industry does not need
what is tantamount to a Government bailout.
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