Attorney General David Eby (Black Press)

VIDEO: ICBC report should have been released, Eby says

B.C. government capping minor injury awards five years later

The B.C. Liberal government should have released its full 2014 report on the deteriorating financial situation at the Insurance Corporation of B.C., even if they didn’t act on all the recommendations, Attorney General David Eby says.

The key recommendation that was removed from an Ernst and Young analysis of rising insurance costs was placing a cap on minor injury and pain and suffering awards from car accidents. With ICBC facing a potential $1.3 billion loss this year, Eby announced the province is implementing those changes in 2019.

RELATED: ICBC to cap pain and suffering payouts

The former B.C. Liberal government commissioned the report as ICBC costs began soaring, restricting the province’s long-standing practice of taking a dividend from its operation and putting upward pressure on rates.

Rising accident rates and an 80 per cent increase in injury claim costs in the past seven years forced the government to act, putting a $5,500 limit on payouts for pain and suffering, and setting up a claim resolution tribunal to settle minor injury disputes without going to court.

Eby told reporters Thursday he has asked ICBC to review the parts of the report that were withheld in 2014, including advice about the corporation’s investments. He saw the missing pages for the first time Thursday, after they were obtained by the Vancouver Sun.

“I’m trying to imagine a situation where we would pay, probably on the order of about a half million to a million dollars for an expert report about how to address issues at a Crown corporation, and then remove pages from the report before it was released to the public,” Eby said. “The recommendations seem straightforward, and even if the government didn’t want to do the recommendations, surely they had a reason for that.”


@tomfletcherbc
tfletcher@blackpress.ca

Like us on Facebook and follow us on Twitter.

Just Posted

Surrey hunter fined $10,000 after shooting a bull moose and leaving it to die

The man was convicted for three Wildlife Act offences after shooting a bull moose not in season

VIDEO: Surrey-based business wants customers to ‘Eat the Dishes’

New business plans to be one of the ongoing vendors at KPU’s new winter market

Tonight’s Surrey RCMP Classic final: Cloverdale and South Surrey school teams to battle

Elsewhere, Holy Cross boys team aims to win another BC Catholics championship on home court

Surrey RCMP asks for public’s help in finding missing 14-year-old

Police say Ali Al-Shai was last seen on Jan. 16

Province to pass $1.25-million repair bill for South Surrey overpass on to ICBC

152 Street overpass was struck by overheight truck on Dec. 4, 2017

VIDEO: Students in MAGA hats mock Native American at Indigenous Peoples March

Diocese in Kentucky says it is investigating the matter, caught on video by onlookers

CONSUMER REPORT: What to buy each month in 2019 to save money

Resolve to buy all of the things you want and need, but pay less money for them

Want to avoid the speculation tax on your vacant home? Rent it out, Horgan says

Premier John Horgan and Sheila Malcolmson say speculation and vacancy tax addresses homelessness

UPDATE: B.C. woman and boy, 6, found safe, RCMP confirm

Roseanne Supernault says both she and her six-year-old nephew are fine and she has contacted police

PHOTOS: Women’s Marches take to the streets across B.C. and beyond

Women and allies marched worldwide protesting violence against women, calling for equality

VIDEO: Giants wrap southern swing with 6-4 win in Spokane

The Lower Mainland-based hockey team defeated the Chiefs Friday night.

Anxiety in Alaska as endless aftershocks rattle residents

Seismologists expect the temblors to continue for months, although the frequency has lessened

Women’s March returns across the U.S. amid shutdown and controversy

The original march in 2017, the day after President Donald Trump’s inauguration, drew hundreds of thousands of people

Federal Liberals announce former B.C. MLA as new candidate in byelection

Richard Lee will face off against federal NDP leader Jagmeet Singh

Most Read