Loss of earning capacity benefits recalculated because arbitrator mistakenly used gross instead of net income.
The parties appealed an arbitration order regarding the calculation of the claimant's loss of earning capacity benefits.
The claimant was a self-employed hairdresser at the time of the accident.
The Director of Arbitrations found that the Arbitrator erred by failing to convert the claimant's pre-accident earning capacity from gross to net income, as required by section 81 of the Statutory Accident Benefits Schedule.
The Director accepted the calculations provided by the insurer's accounting expert and recalculated the weekly benefits accordingly, reducing the amounts payable to the claimant.
OFSCDRSOntario Financial Services Commission - Dispute Resolution ServicesMay 27, 2003