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

Okanagan Wildfires: The latest on wildfires and evacuations

A Friday morning look at the major wildfires impact the Okanagan and Similkameen.

Melodic summer evenings live on in the Shuswap

WOW has grown from a small gathering to a weekly festival that attracts from 500 to 1,000 people

Cooler temps today, but no rain in forecast until August

Environment Canada does not have good news when it comes to fighting fires in the Central Okanagan.

Mount Eneas fire grows to 1,374 hectares

Regional District Okanagan-Similkameen issues evac alerts for properties in Area F.

Update: Scene cleared after multi-vehicle accident near Blackburn Park in Salmon Arm

Emergency crews currently responding to the accident scene

BC Wildfire update on Okanagan blazes

Watch the media briefing on the current fire situation in the Okanagan.

Wildfire near Vernon out as new Sugar Lake fire sparked

Vernon fire snuffed out, but now a new blaze has been discovered near Cherryville

Summerland winery saved from wildfire

Okanagan Crush Pad is thanking firefighters for saving the Summerland vineyard

What’s happening this weekend

Follow Social Squad memeber Matthew Abrey to find out what’s happeing this weekend

Fire on Kelowna’s Knox Mountain quickly knocked down

City fire crews responded to report of smoke at the top of the hill Friday afternoon.

Riders come hot out of the gate in Pritchard rodeo

A wild weekend on horseback caught on camera

RCMP help to save goats from wildfire

The fast-approaching wildfire, sparked Thursday, forced the evacuation of five homes

Epic Sports Academy mixes play and practice for Salmon Arm sports camp

Shuswap teachers seek to create positive environment to learn sports

Feds say they’re willing to help with Okanagan fires

Public Safety Minister Ralph Goodale talks to local MP and offers help

Most Read