Keyword
Insurance Corporation of B.C.
B.C. auto could look a bit like these two provinces under a Liberal regime: IBC
October 9, 2020 by Greg MeckbachIf the Liberals return to power this fall in British Columbia after a three-year hiatus, and if they keep their election promises, the province’s auto insurance system may look similar to the auto insurance systems in both Quebec and Saskatchewan,…
Sound and Fury
March 7, 2020 David Gambrill, Editor in ChiefWho will decide the epic battle going on in B.C. over public v. private auto?
Judges disagree on whether a sandbar is a highway
January 4, 2019 by Greg MeckbachThe 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…
Putting the brakes on
March 1, 2018 Emily Atkins, EditorThe second in our two-part series looking at structural problems in Ontario’s and BC’s auto insurance systems.
“Drastic action” needed to address ICBC ails, remedy hefty rate hikes
September 6, 2017 by Canadian UnderwriterThe 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…
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 UnderwriterThe 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…