Applicant ordered to pay $15,000 in arbitration expenses to the substantially successful insurer.
Following an arbitration hearing where the insurer was almost entirely successful in defending the applicant's claims for statutory accident benefits, the insurer sought its expenses of the proceeding.
The arbitrator found that the insurer was entitled to its reasonable expenses based on its degree of success.
After reviewing the hours claimed and applying the appropriate Legal Aid rates, the arbitrator fixed the insurer's expenses at $15,000, inclusive of fees, disbursements, and taxes, and ordered the applicant to pay this amount.
OFSCDRSOntario Financial Services Commission - Dispute Resolution ServicesFeb 17, 2016