02-21-2011, 02:19 PM
I have used WSIB for the past 2 years. My policy ends this July. I spoke to their rep today; interesting conversation. Last year their DE premium revenues were approx $500K; their paid claims was also approx $500K. Majority of claims were GT3's and Ferrari Challenge cars. They are going to continue to write policies for tracks and auto facilities but will not be in the DE business, even for individual events. They are recommending Lockton Affinity. I expect their rates will also increase as market competition declines.