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

Oak Bay realtor recalls sale of home where family was murdered

Home sellers not always required to disclose violent crimes

Victoria police seek witnesses after assault reported by man in wheelchair

Cops hope to speak with witnesses near Yates and Douglas on Jan. 13 between 1:45 and 3:15 p.m.

Olympic Gold medalist rower disppointed Saanich won’t host national training centre

Adam Kreek said also he respects decision by Rowing Canada Aviron

Victoria dancer shares concussion experience in a neuro-diverse performance

Stacey Horton’s Concussion explores living with and recovering from brain injury

Sun shines on first event of Vancouver Island Race Series

Tomsich, Wodak win Harriers Pioneer 8K

Trudeau says politicians shouldn’t prey on Canadians’ fears

The Prime Minister was speaking at a townhall in Ontario

Chiasson nets shootout winner as Oilers edge Canucks 3-2

Edmonton moves one point ahead of Vancouver

POLL: Should people have to license their cats?

The Victoria Natural History Society has sent letters to 13 municipalities in… Continue reading

Greater Victoria Crime Stoppers wanted list for the week of Jan. 15

Greater Victoria Crime Stoppers is seeking the public’s help in locating the… Continue reading

B.C. chief says they didn’t give up rights for gas pipeline to be built

Hereditary chief: no elected band council or Crown authority has jurisdiction over Wet’suwet’en land

Thieves steal thousands from 140 Coast Capital Savings members

Online fraud tactics included phising and ‘brute force’ in November and December

Condo rental bans may be on way out with B.C. empty home tax

Many exemptions to tax, but annual declarations required

UPDATE: B.C. boy, aunt missing for three days

The pair are missing from Kamloops

Daredevil changes game plan to jump broken White Rock pier

Brooke Colby tells council daredevil event would help boost waterfront business

Most Read