It basically turns the motor vehicle tort system into WCB. Great in theory. Awful in practice. Talk to anyone who's ever been denied WCB benefits for a legit injury. You'll have a panel of government designated adjusters, tribunal members, and doctors deciding your fate.
There is some kind of crisis in the insurance industry as a whole though. Premiums are soaring and the insurers cannot cover payouts. In my opinion, it's another symptom of the growing divide between capital and wages. Costs for things like repairs and treatments are increasing dramatically. Salaries to pay premiums are not.
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