WHEREAS Ontario also has the highest average premiums in Canada. WHEREAS auto insurance rates are regulated by the Ontario government through Financial Services Commission of Ontario (FSCO). WHEREAS Ontario insurance reforms in 2010 are saving companies alsmost $2 billion in the value of "statutory" accident payouts each year but the government is still allowing companies to increase drivers premiums; WHEREAS it is unfair for drivers to pay higher premiums when the industry is enjoying billions in savings each year. That the government direct the Financial Services Commission of Ontario (FSCO) to bring the average Ontario auto insurance premium down by 15% by the end of 2013.