Automobile Insurance in Ontario: Public Policy and Private Interests

Rose Anne Devlin

Canadian Public Policy, 1993, vol. 19, issue 3, 298-310

Abstract: Recently the government of Ontario introduced a partial no-fault system for automobile insurance. One stated objective of this policy was to promote the public interest. Interestingly, the insurance industry was generally supportive of this decision. Is it possible that both society in general and the industry can benefit from no-fault automobile insurance? This paper examines the decision to implement no-fault automobile insurance in Ontario from the industry's perspective and from an overall welfare perspective. The paper argues that the industry was induced to lobby for no-fault automobile insurance provisions as a result of the government's prior regulation of insurance premiums. It was rational for the industry to want "cost restraints" in the presence of these "revenue" restrictions. In general, the available evidence suggests that the no-fault policy will not be welfare enhancing.

Date: 1993
References: View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://links.jstor.org/sici?sici=0317-0861%2819930 ... OPP%3E2.0.CO%3B2-%23 (text/html)
only available to JSTOR subscribers

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cpp:issued:v:19:y:1993:i:3:p:298-310

Ordering information: This journal article can be ordered from
https://www.utpjournals.com/loi/cpp/

Access Statistics for this article

Canadian Public Policy is currently edited by Prof. Mike Veall

More articles in Canadian Public Policy from University of Toronto Press University of Toronto Press Journals Division 5201 Dufferin Street Toronto, Ontario, Canada M3H 5T8.
Bibliographic data for series maintained by Iver Chong ( this e-mail address is bad, please contact ).