11/09/2011 04:15 EST | Updated 01/08/2012 05:12 EST

Nova Scotia set to announce auto insurance reforms following system review

HALIFAX - Nova Scotia will announce insurance reforms today following a review of the auto insurance system.

Finance Minister Graham Steele will address the issue during a news conference, then introduce related legislation at Province House.

A study released in June suggested drivers should be given more flexibility in choosing the type of auto insurance they want.

That would include an option to buy additional coverage that would allow them to sue for pain and suffering due to minor injuries.

The province's insurance system prohibits lawsuits and puts a $7,500 cap on soft-tissue injuries.

The province's Utility and Review Board said making changes along the lines suggested by the study could cost the average driver up to $7.50 more per year in premiums.