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Car sharing service Turo says launch into B.C. market is ‘imminent’

May 28, 2020 THE CANADIAN PRESS

VANCOUVER – 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,

News Insurance

How pandemic impacted ICBC’s claim costs, investment income

May 15, 2020 THE CANADIAN PRESS

VICTORIA – 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

News AdjustersInsuranceLegal

Expert witness rule in auto personal injury lawsuits deemed unconstitutional

October 25, 2019 by Greg Meckbach

A 22-year-old Supreme Court of Canada ruling in favour of a marine cargo insurer is a sword that could cut the other way for Canadian auto insurers. The British Columbia government brought in a rule this past March limiting parties

News ClaimsInsurance

400 plus vehicles written off since acid spill on B.C. highway last year: ICBC

February 19, 2019 THE CANADIAN PRESS

TRAIL, B.C. – British Columbia’s public auto insurer says about 450 vehicles have been written off since sulphuric acid spilled along a busy commuter route near Trail, B.C., in two incidents last spring. The Insurance Corp. of B.C. says there

News ClaimsInsuranceLegislation / Regulation

B.C. auto insurer heading for billion dollar loss

February 8, 2019 THE CANADIAN PRESS

VICTORIA – British Columbia’s attorney general says the financial situation with the province’s public auto insurance agency is critical and getting worse. David Eby says the Insurance Corporation of B.C. lost $860 million for the first nine months of its

News InsuranceLegal

The changes to B.C. auto injury lawsuit rules that this review recommends

February 7, 2019 THE CANADIAN PRESS

VICTORIA – A review of legal cases involving British Columbia’s public insurer says despite public perception, the agency isn’t lowballing claimants in its settlement offers. The review conducted by legal counsel in the Ministry of the Attorney General was released

News Legislation / RegulationTechnology

B.C. experiments with tech that blocks handheld use while driving

March 7, 2018 Greg Meckbach, Associate Editor

A telematics trial intended to address distracted driving in British Columbia is now underway. Insurance Corporation of British Columbia said March 2 it is “working with 139 drivers” in the province on a pilot project intended to block the use

News InsuranceLegislation / Regulation

No push from brokers to end B.C. government monopoly on auto insurance

March 7, 2018 Greg Meckbach, Associate Editor

Despite the fact that British Columbia’s government monopoly auto insurer lost almost $1 billion in the first nine months of last year alone, brokers in the province are not seeing a push from motorists to open the market to competition.