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OTLA report attacks insurers’ low profit figures

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OTLA report attacks insurers' low profit figures

Responding to widespread disappointment with the transparency process that was meant to clarify insurer profits, and the lack of political will to address the issue, the Ontario Trial Lawyers Association has released an updated independent financial report that confirms allegations of overcharging and dubious accounting tactics by insurers. The resulting furor is destined to land on the desk of the newly appointed special advisor on auto insurance.