By Harv Lewin:
September 8, 2010 marks the 23rd anniversary of an article in the Toronto Star announcing that our then Premier, the Hon. David Peterson, and his Liberal government had a very specific plan to lower insurance rates.
In 1987, this announcement was a culmination of intense lobbying on the part of the insurance industry to convince our provincial government that they were losing money on property, casualty, and auto insurance and, without the help of the provincial government, they would no longer write business in Ontario and force our government into providing government insurance such as the ICBC experience in British Columbia. (more…)