Canadian Underwriter

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Insurance Corporation of B.C.

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Judges disagree on whether a sandbar is a highway

January 4, 2019 by Greg Meckbach

The definition of “highway,” which is often debated in coverage disputes, is not as broad as some might think, the Court of Appeal for British Columbia has ruled. Robert Adam took Insurance Corporation of B.C. to court after he was

Feature Claims CanadaInsurance

Putting the brakes on

March 1, 2018 Emily Atkins, Editor

The second in our two-part series looking at structural problems in Ontario’s and BC’s auto insurance systems.

News ClaimsInsuranceMergers and AqcuisitionsTechnology

“Drastic action” needed to address ICBC ails, remedy hefty rate hikes

September 6, 2017 by Canadian Underwriter

The British Columbia government has taken the reins to protect drivers and address mounting financial concerns at the Insurance Corporation of B.C. (ICBC), including by limiting rate increases that threatened to reach double-digits. “Drastic action is needed to fix ICBC’s

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…