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Sweeney looking forward to seeing insurance plan Says reform is 18 months too late May 11, 2005
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George Sweeney, Opposition Government Services Critic and MHA for the
District of Carbonear - Harbour Grace, says it is about time that government
moved forward with meaningful reform of the insurance industry. "I will be watching closely tomorrow morning when government releases it’s insurance reform package," said Sweeney. "I have been demanding reforms from this government since they broke their promise to reform the insurance industry 18 months ago." Sweeney says it is essential that government deal with the issue of high insurance rates by implementing a meaningful limit on claims. "I have been calling on the Minister of Government Services to implement the $2,500 cap the Premier promised, yet she has refused to act for the past year and a half. It is time that this government stopped rewarding rich insurance companies and lawyers and protected the consumer." The Liberal MHA will be looking for several things in the legislation that will be tabled by the Minister tomorrow morning. "I expect to see the implementation of a $2,500 cap on payments for pain and suffering, the implementation of mandatory accident benefits, greater accountability of insurance companies and an end to rating discrimination for young drivers. "Consumers in this province continue to voice concerns to me about problems they have with the insurance industry. Government had an opportunity this time last year to deal with the problems and they refused to act. I will continue to hold them accountable and fully expect they get it right the second time around. No credit is due to a government that failed to act 18 months ago on this same issue. "I will be taking time to look at tomorrow’s legislation to determine if it is what consumers have been seeking. If this legislation is not acceptable, government should not expect to ram it through the House this year like they did last June."
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