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ten in the Province on private passen -- ger cars total $6,500,000 in the year 1931 the aggregate savings to private passengor car owners as a result of the proposed lower rates will exceed $500,000. io en olsn t Avinnnlpdaiaa e ies ietiel ds stt ad ds o IWh 2 13 " 1 | iums in 1921 ta m~amgu., IPSMADCET have no hesitation in saying that if I;l;etglnl:gfie:n wla?l t:dio"&'f's of private at any time in the future the experi-- islature ye.sterdaypll.)y itto in the mi ence shows the necessity of Government Price. rney--GenerAl reculation of rates bit ;ul li)etour;der- taken promptly by bringing in orce Go%(:l!?:r;leni'r;cte p:er:;gltm:;z t"b:t tD° the provision therefor already in the lto adopt the suggestion in M?o Jgoma Tusuraiice Act. Ee . Justice beust 'ngms's report that the Provincia) $60,000 for Commission. | Superintendent --of Insurance should "The Royal Commission disbursed ,regu!ate the reasonableness of insur-- during the inquiry less than $60,000, of ance rates. 'which amount more than two--thirds ! "Meanwhile," said the Attorney-- represented the cost of the statistical General, "the associated companies and actuarial investigation. In view have made overtures to the Govern-- of the prospective saving to the public ment with respect to rates for 1931 in the year 1931 alone of over $500,-- wl;ich encourage us to believe that the 000. the Government is well satisfied existing rates may be made substan-- with the results obtained." tially lower and more uniform by the Colonel Price made his statement re-- companies voluntarily." garding insurance before the orders of Sees Big Saving to Public. the day were called. He mentioned Colonel Price explained that the as. $DM AlthOU&®h, t'&f::;i;;mfias'"pfif sociated companies had proposed a new sentgld last l};ecember a supplementary scale of rates for private passenger explainl 'oert.ain features Pn o hi Woie would efect Bub-- SR ns Brinted and ramied wietnnt n se Eniaee to the Ontario Public.! Pen hare, * The primary cause of the "None of the basic rates are proposed c is};i;m's investigation, he explain-- to be increased," said Colonel Price, re-- 4 the incremses 1;1 rates an-- ferring to private passenger cars, "and nc;u:c:ldze by insurance companies in rangs $ ons o Afi WentQs 1929. He noted that, after a two-- Nee ® Ti 31 72eH) _ " bet PnE years' inquiry, the Commissioner, Mr. 26 per cent., according to the coverage, ice Hodgins, had found the meth-- the class of car and the territory where TUStice inOdgas.l' the vates "unusual the automobile is principally used. It °C * g{ a::cgl unfait" He sum-- is estimated that if the premiums writ-- mariged the Coummismioner's Anaings ten in the Province on private passen-- g::m premiums on private passenger gerlcaxl-]s s eerrants snvinep ar couihtt cars were excessive, and that premiums lasu pour "éeregate savings to private on commercial vehicles were inade-- passengor car owners as a result of A "Commercial car and fieet rates are proposed to be increased. The Com-- missioner found that the cxisting rates for those types of risk were inadequate. The proposed rates for commercial };rs represent an average increase above existing rates of about 12 per cent. Reasonableness of Rates. '"While the reasonableness of the proposed rates has not been investigated by the Insurance Department, it does appear to the Government that a re-- duction in private passenger car rates alone involving an estimated saving to the public in one year of $500,000 is a great achievement. It is quite pos-- sible that if the Superintendent of In-- surance made an investigation he might find some of the proposed rates inade-- quate. Under the circumstances, and particularly because neither the in-- surance men nor the public appear to want Government regulation at this time. the Government has concluded to Price Predicts $500,000 Saving § To Car--Owners in Insurance Cut; Companies Irying to Avoid Loss A saving of $500,000 in in premiums in 1931 to owners of automobiles was predicted in t islature yesterday by Attorney-- Price. NO REGULATION BY GOVERNMENT (Continued on Next Page.) many fields of business activity. It is doubtful if Government regulation of insurance rates would be successful so long as the insurance companies and agents are strongly opposed, and the public is only mildly interested in such regulation. For these reasons the Gov-- ernment has hesitated to accept the Commissioner's recommendation." quate. Opposition Encountered. He also referred to the Commissioner's recommendation that the Superinten-- dent of Insurance should be empower-- ed to order a readjustment of rates whenever, in his opinion, they were ex-- cessive, inadequate, unfairly discrimi-- natory or otherwise unreasonable. Said Colonel Price: "This recommendation has caused the Government a great deal of con-- cern. The associated insurance com-- panies have vigorously opposed its adoption. It has not been supported by representatives from public organ-- izrations, such as the Ontario Motor League, the Boards of Trade and the Canadian Manufacturers' Association. Strong opposition is encountered in many quarters to the extension of Gov-- ernment control and regulation in to empower the Superintendent to in-- vestigate the rates and to order their adjustment where found by him to be excessive or unreasonable. Neverthe-- less, under the authority of legislation passed last session, all companies are preparing and filing with the Insurance Department records which will enable the Superintendent of Insurance to re-- port to the Government at any time as to the reasonableness of the rates, and Mare h E. J. Murphy (Conservative, Toronto-- St. Patrick) introduced a bill in the legislature yesterday which would en-- able brokers to place certain types of insurance with insurance companies not licensed in Ontario. The purpose be-- hind the bill, it is understood, is to \allow the placing of insurance with Lloyd's of London through offices in \ Ontario. At present, because Lloyd's is 'not licensed under the Ontario Insur-- \ance Act, brokers cannot place certain 'types of insurance with it. As a result, people secking certain kinds of insur-- ance covered only by Lloyd's, must LLOYD'S INSURANCE ALLOWED BY BILL Companies Not Licensed in Ontario Could Accept Policies place it with the head office or through agents outside Ontario. Live--stock insurance, it is under-- stood, is one of the types of insurance which the bill seeks to make available. The amendment, which was brought down to the Legislature yesterday by Hon. Dr. J. M. Robb, Minister of Health, forbids the operation of any school, college, laboratory or other institution for the training of dentists except the College of Dental Surgeons. New pen-- alties under the amendment provide & $100 fine for a first offense, $200 for the second offense, and $500 for every subsequent offense. & d Second reading was given to the bill sponsored _ by Wilfrid Heighington {Conservative, Toronto--St. David) to | amend the Registry Act so that local| building restrictions will appear in the | searching of titles. Attorney--General| Price's bill to extend the powers of the" Provincial Fire Marshal in fire pre--' vention regulations, was also given second reading. '» By means of an amendment to the Dentistry Act the Ontario Government seeks to prohibit any person not & member of the College of Dental Sur-- geons from practicing dentistry in this Province. Power is also given to the special board governing dentists to suspend the license of any practitioner who has been convicted of an indictable offense in any part of Canada. CONTROL IS GIVEN DENTAL COLLEGE In answer to a question on the order' paper, Premier Henry stated that the | total ordinary expenditure on highways' since the inauguration of the gasoline; tax was $22,847,000, of which $8,788,000 | was spenit in Northern Ontario. Ar-- rears at the end of the last fiscal yea.x" owing by issuers of licenses of all kinds of motor vehicles was $1,487. Non--Members Are Prohibited From Practicing in Ontario