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ICBC

News ClaimsInsuranceLegislation / Regulation

This insurer is allowing some COVID-19 support measures to expire

August 10, 2020 by Jason Contant

The Insurance Corporation of British Columbia (ICBC) announced Friday that three of the temporary measures it introduced in response to the COVID-19 pandemic are set to expire in the coming weeks. The B.C. Utilities Commission had approved ICBC implementing the

News AdjustersClaimsInsuranceLegal

Claimant learns the difference between “hit-and-run” and collision damage

July 28, 2020 by David Gambrill

A driver in B.C. is out $1,777 for incorrectly telling the public auto insurer that damage to his parked vehicle was the result of a “hit-and-run,” as opposed to collision damage. Jiameng Wang took Insurance Corporation of British Columbia (ICBC)

News InsuranceLegal

How this motorist missed out on his senior’s discount

June 24, 2020 by Greg Meckbach

When a British Columbia motorist turned 65 in 2017, he did not immediately get the senior rate class discount, so he tried to sue the public auto insurer for a refund. But the province’s Civil Resolution Tribunal ruled in favour

News BrokersInsurance

How brokers in B.C. are handling fraud and auto insurance during COVID-19

April 23, 2020 by Jason Contant

Brokers in British Columbia are temporarily allowed to conduct insurance transactions such as vehicle insurance renewals by phone and email during the novel coronavirus (COVID-19) pandemic. Measures are also being put in place to verify the identity of the customer

News ClaimsInsuranceLegal

One way ICBC will reduce legal costs

February 26, 2020 by Jason Contant

The government of British Columbia has introduced legislative amendments in an effort to reduce costs and speed up motor vehicle claims in the current auto insurance system. The proposed amendments will limit the number of experts and expert reports that

News Insurance

The story behind ICBC’s bold change to auto insurance

February 12, 2020 by Jason Contant

Why did the Insurance Corporation of B.C. (ICBC) decide to move towards a no-fault style model for auto insurance? “I heard rumours for months that they were going to introduce a no-fault product,” consultant Willie Handler, principal at Willie Handler

News AssociationsBrokersInsuranceLegislation / Regulation

The potential downside for brokers of ICBC’s new care-based model

February 10, 2020 by Jason Contant

The government of British Columbia’s recent announcement that it will be removing lawyers and legal costs from the system to reduce insurance premiums by about 20% and increase care benefits has been met with approval from the provincial brokers association.

News AssociationsBrokersInsuranceLegal

What brokers and trial lawyers think about ICBC’s new care-based model

February 7, 2020 by Jason Contant

The government of British Columbia has announced it will be “removing lawyers and legal costs from the system” to lower public auto insurance rates by about 20%, a move applauded by the province’s brokers association but panned by trial lawyers.

News ClaimsInsurance

Selling your motorhome? Better fix up that cracked windshield first

January 28, 2020 by David Gambrill

Selling your motorhome? Your insurance claim for a new windshield does not transfer over to the new owner of the motorhome, the B.C. Civil Resolution Tribunal confirmed recently. The tribunal thus rejected a claim that the province’s public insurer, Insurance

News BrokersInsuranceLegal

Three-year ban for broker convicted of misappropriating more than $16,000

January 27, 2020 by David Gambrill

The former branch office manager of a B.C. brokerage has been banned from being a broker for a minimum of three years after she was convicted for misappropriating more than $16,000 of Insurance Corporation of B.C. (ICBC) funds for personal

News ClaimsInsurance

Why an insurer has to pay brake repair costs under this optional policy

December 2, 2019 by Jason Contant

Is the cost to repair vehicle brakes covered by an optional Autoplan policy in British Columbia? Yes, if the fact situation is similar to a small claims dispute recently heard by the province’s Civil Resolution Tribunal. In Driedger v. ICBC,

News Insurance

Intact’s take on the impact of no-fault auto insurance

November 11, 2019 by Greg Meckbach

No-fault insurance is not a silver bullet that is going to solve the auto liability problem, but it can be helpful to insurers, provided that the coverage is not too generous, suggests the head of Canada’s largest property and casualty