finance committee in December that they had only lowered motor rates by 5-10 per cent last year, as the rejection rate of PIAB awards had spiked.
“Of course, when you explain this to people, they say, ‘Jeeze, another excuse from insurance companies’,” he says. “I’m not speaking on behalf of insurance companies, but I think it has to stop being so adversarial. I think insurers need to come to the table. But they need to feel that if they come to the table, they are going to have a reasonable discussion with public representatives, whether they are in opposition or in government.
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