Topic B.C.
B.C. report says condo insurance market ‘unhealthy,’ premiums up 40 per cent
June 16, 2020 by THE CANADIAN PRESSVANCOUVER – A report commissioned by the B.C. government says insurance premiums for condominium buildings have increased by as much as 40 per cent year over year while deductible costs have tripled. Blair Morrison, chief executive officer of The B.C.…
Road tests for certain types of driver licenses set to resume in B.C
June 10, 2020 by THE CANADIAN PRESSVANCOUVER – The Insurance Corporation of British Columbia is resuming on-road testing for commercial licences but drivers waiting for passenger vehicle tests must hold on a little longer. In line with B.C.’s COVID-19 restart plan, the corporation says commercial road…
Large protest gatherings pose COVID 19 risks: B.C. health officials
June 2, 2020 by Dirk Meissner - THE CANADIAN PRESSVICTORIA – Large public gatherings, including anti-racism protests, pose health risks during a pandemic, British Columbia’s top health officials said Monday. Provincial health officer Dr. Bonnie Henry said people in B.C. have the right to protest and express their feelings,…
Flood warnings expand for part of B.C., but conditions ease elsewhere
June 1, 2020 by THE CANADIAN PRESSFlood warnings now cover a large section of southern British Columbia as river levels rise rapidly in response to heavy weekend rains and continuing snowmelt. The River Forecast Centre extended a flood warning Monday to the Boundary region, including the…
Car sharing service Turo says launch into B.C. market is ‘imminent’
May 28, 2020 by THE CANADIAN PRESSVANCOUVER – Fans of car-sharing services in British Columbia are about to get another option within weeks of the closure of two other car-share businesses in the province. Turo, which describes itself as the world’s largest peer-to-peer car sharing platform,…
How pandemic impacted ICBC’s claim costs, investment income
May 15, 2020 by THE CANADIAN PRESSVICTORIA – The COVID-19 pandemic has sideswiped British Columbia’s public vehicle insurer, but the attorney general says it’s too soon to assess the potential damage. David Eby, who is also the minister responsible for the Insurance Corporation of B.C., said…
How B.C. is gradually reopening its economy
May 8, 2020 by Dirk Meissner -THE CANADIAN PRESSVICTORIA – British Columbia has reached the point in the COVID-19 pandemic where it will start a gradual reopening of the economy while also allowing social interactions between families, friends and communities to increase. The plan to restart the province…
Big Moves: Can-Sure founder resurfaces in B.C.’s MGA market
May 4, 2020 by Greg MeckbachP&C veteran Jeff Hart heads up Vailo Insurance Services Ltd., a recently-launched managing general agency
B.C.’s move to no-fault
April 8, 2020 by Jason Contant, Online EditorWhat the province’s changes to auto insurance mean for drivers, brokers, and the legal system
Losing faith
April 7, 2020 by Harmon C. Hayden, founder, Harmon Hayden LawA defendant insurer admits coverage, so why did the court say its actions showed bad faith?
Sound and Fury
March 7, 2020 by David Gambrill, Editor in ChiefWho will decide the epic battle going on in B.C. over public v. private auto?
What IBC and brokers think would improve condo insurance affordability in B.C.
March 2, 2020 by Jason ContantInsurance Bureau of Canada (IBC) has issued a series of policy recommendations to help improve the affordability of strata insurance in British Columbia, some of which touch upon suggestions made by the province’s broker association. IBC’s recommendations include: Mandatory education…