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

Wildfire evacuees eligible for financial assistance

Urged to register at reception centres in Burns Lake, Smithers and Prince George

Wildfire update for Thursday, August 16, 2018

Shovel Lake: 68,375 hectares - yesterday 50,831 hectares The Shovel Lake wildfire… Continue reading

Evacuation order rescinded for Gilmore Lake Fire

Evacuation alert remains in effect

Shovel Lake expanded evacuation order

The Regional District of Bulkley-Nechako has issued an expanded Evacuation Order and… Continue reading

B.C. wildfires 2018: Hazy skies impacting crews in spotting new fires

18,000 people are on an evacuation alert, with 3,000 homes under an evacuation order

Minister optimistic after 2 days of Columbia River Treaty negotiations

Canadian and U.S. officials met in Nelson Wednesday and Thursday to discuss future of the treaty

Man dies in B.C. police cell while awaiting court hearing

An independent investigation is underway after a man died while in Penticton police custody Aug. 16

RCMP appeal for tips, dashcam footage in German tourist shooting west of Calgary

The Durango crashed into the ditch after the shooting near the Goodstoney Rodeo Centre

2 nurses attacked at B.C. psych hospital, union calls for in-unit security

PHSA says that in-unit guards would do more harm than good

Former B.C. optician won’t be jailed for sexually assaulting minor

Kenneth Pilkington sentenced to 24 months’ probation for offence three decades ago

Red Cross now accepting donations for those impacted by B.C. wildfires

The Canadian Red Cross is asking for help now and in the weeks and months ahead.

B.C. program to educate parents reduces ‘shaken baby syndrome’ by 35%

Period of PURPLE Crying was launched nearly a decade ago

B.C. golfer, just 23, scores the rare albatross

Six-million-to-one shot a first for the Terrace club

Most Read