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B.C. attorney general extends ICBC’s rate filing deadline by two weeks

August 31, 2017 by Canadian Underwriter

British Columbia’s attorney general announced on Thursday that he has extended by two weeks the rate filing deadline for the Insurance Corporation of British Columbia (ICBC). Attorney General and the minister responsible for ICBC, David Eby, said in a statement

News InsuranceLegislation / RegulationMarkets / Coverages

Making ICBC a co-op one option for B.C., competition must be part of any option selected: taxpayers federation

August 25, 2017 by Canadian Underwriter

The British Columbia government has options at its disposal to address auto insurance problems in the province – ranging from leaving the Insurance Corporation of B.C. (ICBC) to shuttering the insurer – but all should include reintroduction of competition, concludes a new report commissioned by the Canadian Taxpayers Federation (CTF). CTF argues that “fast and furious changes” are needed in light of the “looming 30% hike to car insurance,” a figure noted in an Ernst & Young LLP (E&Y) report made public last month. Among its many observations, the…

News Climate ChangeInsuranceMarkets / Coverages

60% of Ontarians at least somewhat oppose cap and trade: Nanos Research poll

February 17, 2017 by Canadian Underwriter

A new province-wide poll has found that more than 60% of Ontarians at least somewhat oppose cap and trade, which is designed to help fight climate change and reward businesses that reduce their greenhouse gas emissions. The Nanos Research poll,