In March of this year, the Ontario Minister of Finance Charles
Sousa introduced Bill 171: Fighting Fraud and Reducing Automobile
Insurance Rates Act, 2014. The Bill proposes concerning changes
to the process that an injured person must follow in order to
receive accident benefits under the Statutory Accident Benefits
Schedule ("SABS").
First, Bill 171 takes away the responsibility of the Financial
Services Commission (FSCO) to decide SABS claims and shifts that
responsibility to the License Appeal Tribunal. FSCO currently
adjudicates complex disputes about various financial services, such
as insurance, credit unions, and pension benefits. The License
Appeal Tribunal, on the other hand, hears appeals of diverse
licensing decisions, such as liquor licenses, construction permits,
and registration of commercial vehicles. The arbitrators who
currently preside over FSCO have developed extensive expertise in
the area of accident benefits disputes. Since there is no