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B.C. opposition calls for competition in auto insurance

October 7, 2019 by Greg Meckbach

British Columbia’s Liberal Party, ousted from power in the 2017 election, is calling for an end to the monopoly that a Crown corporation has had on auto insurance since the 1970s. “The B.C. Liberal Caucus believes introducing market competition will

News ClaimsLegal

Why this motorist is not entitled to compensation for towing damage claim

October 1, 2019 by Greg Meckbach

A motorist seeking nearly $4,000 for a vehicle that was allegedly damaged while being towed cannot recover the money from either the Insurance Corporation of British Columbia or BCAA Insurance Corporation, the province’s civil resolution tribunal has ruled. In October,

News InsuranceLegislation / RegulationProducts

This auto rating factor could give brokers a headache

September 26, 2019 by Greg Meckbach

British Columbia’s auto insurer has one rating factor that makes sense from an underwriting point of view, but could be onerous for brokers, an insurance defence lawyer suggests. The Insurance Corporation of British Columbia requires motorists in the province to

News ClaimsInsuranceLegal

Did the other driver admit fault? Get it in writing.

September 26, 2019 by Jason Contant

B.C.’s small claims court found no fault with the way the Insurance Corporation of British Columbia (ICBC) assessed liability for a motor vehicle accident, despite a complaint that the insurer did not follow up on an admission of guilt by

News Claims

Insurer wins dispute over stolen vehicle claim

September 19, 2019 by Jason Contant

The Insurance Corporation of British Columbia (ICBC) was justified in denying an insured’s claim for making a wilfully false statement in connection with a stolen vehicle, the province’s Civil Resolution Tribunal (CRT) has ruled. ICBC determined the stolen vehicle was

News Insurance

Insurance available for ride hailing July 16 in B.C.

July 9, 2019 Dirk Meissner - THE CANADIAN PRESS

VICTORIA – The journey to bring ride-hailing to British Columbia came closer to a destination Monday as the provincial government announced it will start accepting applications in September for companies to enter the market. Safety, insurance and penalty rules and

News ClaimsInsurance

How this auto client got bus-ted

June 7, 2019 by Greg Meckbach

A British Columbia motorist whose sharp right turn made a bus brake suddenly has lost his dispute with the Insurance Corporation of B.C. Wen Sheng Li was involved in an accident in Vancouver on June 1, 2018. ICBC found him

News Insurance

In defence of public insurance

January 7, 2019 by Jason Contant

British Columbia’s public auto insurer is challenging the view that opening up the market to competition will create efficiencies and better accident benefits. The Insurance Corporation of British Columbia (ICBC) was responding to comments from the Canadian Federation of Independent

News InsuranceLegislation / Regulation

Public auto insurer seeks 6.3% rate increase

December 17, 2018 by Greg Meckbach

The Insurance Corporation of British Columbia said Friday it is seeking to raise rates by 6.3%, a move that prompted the Insurance Bureau of Canada to reiterate its call for competition in the province. Unlike in most Canadian provinces, B.C.’s

News ClaimsInsurance

Insurer receives 3,000 vehicle damage claims after two sulphuric acid spills

September 16, 2018 by Jason Contant

The Insurance Corporation of British Columbia (ICBC) has received more than 3,000 claims from two sulphuric acid spills in April and May, the public insurer said Wednesday. The Canadian Press reported mining company Teck Resources as saying two spills of

News Insurance

If your clients re-did their driving tests, would they pass?

August 15, 2018 by Jason Contant

If British Columbians had to take their driving test over again, it’s likely that about 40% of them would fail, according to recently released results from the more than 83,000 people that completed the province’s public auto insurer’s Drive Smart

News Markets / Coverages

Should Canada reconsider how it finances wildfire suppression?

August 13, 2018 by Jason Contant

As hundreds of wildfires burn across British Columbia, one disaster mitigation expert is recommending that Canada reconsiders how it finances fire suppression costs. Last year, B.C. alone paid out more than $560 million in fire suppression costs, and it is