The Ontario Court of Appeal has restored clarity on when catastrophic impairment should be considered for accident victims and it could have an impact on what the government may do regarding how the definition is
treated by the insurance industry.
Not exact matches
Mobile homes are
treated differently
by the
insurance industry because they are constructed of lighter materials for ease of transport.
For years the
industry has maintained that mortgage
insurance premiums are the functional and economic equivalent of mortgage interest — essentially compensation for the use of money — and therefore should be
treated in the same way
by the tax code.