Articles

New Review of Auto Insurance System in Ontario. April 23, 2017.

A report by David Marshall recommends an over-haul of the Ontario system to focus on the management of injury claims to improve the efficieny and effectiveness of the auto insurance system. Useful, but the cross Canada premium comparisons are questionable. http://www.fin.gov.on.ca/en/autoinsurance/fair-benefits.pdf and https://news.ontario.ca/mof/en/2017/04/ontario-releases-report-on-auto-insurance.html

Read More →

ICBC Capital Depletion and Claims Backlog. April 9, 2017.

This paper reviews the last four years capital depletion and the growth in the claims backlog at ICBC.

Read More →

ICBC Gets Tough on Bad Drivers, and Tougher on Good Drivers. March 5, 2017

ICBC announced a toughing of its Basic insurance discounts for 2018, which will result in higher insurance for at-fault drivers; good drivers will be big losers.

Read More →

New Government Must Fix ICBC's Finances Soon. March 30, 2017.

A detailed review of ICBC's three-year forecast shows alarming loss of capital; immediate and longer-term initiatives are suggested to restore ICBC's finances to a healthy condition. 

Read More →

ICBC's Worsening Finances Require Government Action. March 24, 2017.

The new provincial government must make the restoration of ICBC's financial health a priority, as capital reserves are now below the regulatory minimums,and rake shock looms.

Read More →

Cold and Snowy Winter Helps BC Hydro - Hammers ICBC. March 19, 2017.

A review of the financial impacts of the cold and snowy winter on the finances of BC Hydro and ICBC.

Read More →

ICBC Fact Check Fraud Costing $600 million? March 9, 2017.

This Fact Check concludes that ICBC's claim that fraud is costing $600 million annually is significantly exggerated. 

Read More →