Sample Essay on:
Auto Insurance Reform in Ontario (Case Analysis)

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Essay / Research Paper Abstract

This 14 page paper looks at the problem of automobile insurance in Ontario. The case study takes place in 1990 but reflects historical information on the problem. The organization is evaluated and this analysis is a strict business interpretation of options presented to the president of a small auto insurance firm. Bibliography lists 8 sources.

Page Count:

14 pages (~225 words per page)

File: RT13_SA317Ont.rtf

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Unformatted sample text from the term paper:

2002). However, that was not always the case, and certainly not the case in 1990. It was a political issue. Bob Rae campaigned during that year on a pledge to put a halt to the no-fault automobile insurance system that the Liberal government effected just three months prior to the election (Kaihla, 1991). Years later, it is still a problem. The Wall Street Journal reports in 1996 on a new bill regarding reform ("Ontario," 1996). And the debate lingers. However, in a 1990 case study, while insurance companies were in the midst of the issue, a problem was presented to the president of the Progressive Casualty Insurance Company of Canada. II. Case Study In a case study submitted by a student, it is learned that Andrew Rogawski who is president of the Progressive Casualty Insurance Company of Canada was pondering what to do next in light of the fact that the New Democratic Party in the 1990 election would perhaps initiate a takeover of the automobile insurance industry in the nation. In Canada, as report in the case study, the auto insurance industry is often challenged to create equitable premiums. The problem is that premiums may be often too high due to compliance that the insurance companies must abide by. If for example the company had to comply with specific legislation, actions cost money and in part this is passed on to the consumer. This is true even if actuarial studies would suggest a lower premium is possible. The case goes back to the problem faced by Rogawski which is that he was stunned by the NDP victory and so commissioned DRI Canada to evaluate the impact if indeed the government were to take over the industry. The company in question, Progressive Casualty ...

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