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

Highway 97 rock slide north of Summerland beginning to stabilize

Costs of road work so far estimated at between $300,000 and $350,000

Free hugs? Kelowna students launch social experiment

Are all hugs the same? Some local students went out and measured.

No love for Warriors in Valentine’s day lost to Prince George

West Kelowna lost 5-2 Thursday to the Spruce Kings

‘The whole door was gone’ witness recounts alleged kidnapping at Kelowna apartment

Patricia Sawadsky looked outside to see numerous police vehicles surrounding her apartment

More snow on the way for Okanagan-Shuswap

Up to 5 cm of the white stuff could fall across the Okanagan - Shuswap on Friday

Okanagan kids head to Anaheim with coach Scott Niedermayer

Penticton players are attending Scott Niedermayer’s sweater retirement ceremony

Valentine’s Day stabbing in Kamloops

A 21-year-old man is facing charges; the victim sustained non-life-threatening injuries

Judge rules Abbotsford home must be sold after son tries to evict mom

Mom to get back down payment and initial expenses

Drivers illegally passing school buses prompts safety campaign

School District #83 count 32 vehicles passing buses with lights flashing in January

Trump officially declares national emergency to build border wall

President plans to siphon billions from federal military construction and counterdrug efforts

Snow turns to slush, rain as it warms up across B.C.’s south coast

Some areas are already covered by more than half a metre of snow following three separate storms

Father to be charged with first-degree murder in Amber Alert case

11-year-old Riya Rajkumar was found dead in her father’s home in Brampton, Ontario

Fentanyl, cocaine, body armour seized in Okanagan suspected ‘dial a dope’ arrests

Five people suspected of being involved in a dial a dope operation arrested

St. Paul’s Hospital replacement slated to open in Vancouver in 2026

Announced many times, but this time there’s money, Adrian Dix says

Most Read