News Advisory - Ontarians Pay Too Much for Auto Insurance while Company Profits Soar

Major Report to be Released

Friday, April 10, 2015
10 a.m.
Marriott Eaton Centre Hotel
Simcoe Room (lower level)
525 Bay St., Toronto

TORONTO, April 9, 2015 /CNW/ - Ontario drivers pay far too much for insurance, says a new study by York University Schulich School of Business Professors Fred Lazar and Eli Prisman. In 2013 alone, consumers likely overpaid by $840 million.

The Ontario Trial Lawyers Association, which commissioned the report, calls for a review by Ontario's Auditor General.

Professor Lazar will brief the media on the study on Friday, April 10, 2015 at the Marriott Eaton Centre Hotel in Toronto.

What: New study showing that Ontario motorists overpay for insurance

Who: Professor Fred Lazar 
         York University Schulich School of Business

When: Friday, April 10, 10 a.m.

Where: Marriott Eaton Centre Hotel, Simcoe Room, (lower level) 525 Bay St., Toronto M5G 2L2

Professor Lazar will be available for interview

About the Ontario Trial Lawyers Association: Founded in 1991, the Ontario Trial Lawyers Association (OTLA) is an organization of more than 1,600 plaintiff lawyers, law clerks, articling students and law students. Our purpose is to promote access to justice for all Ontarians, preserve and improve the civil justice system, and advocate for the rights of those who have suffered injury and losses as the result of wrongdoing by others, while at the same time advocating strongly for safety initiatives. For more information, visit www.otla.com.

SOURCE Ontario Trial Lawyers Association

John Karapita, Director of Public Affairs, OTLA, Tel: [phone]; David Israelson, eon Communications and Research, Tel: [phone]