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British Columbia automobile insurance changes may be unconstitutional: lawyers’ group

Thursday, May 17, 2018 @ 9:32 AM | By Ian Burns

Several lawyers organizations are raising the alarm about the B.C. government’s changes to the provincially owned Insurance Corporation of British Columbia (ICBC), with one group even saying the changes may not pass constitutional muster.

In January, automobile insurer ICBC posted details about its third-quarter fiscal situation that showed a net loss of $935 million for the first nine months of the 2017-2018 fiscal year, with projections showing ICBC will post a net loss of $1.3 billion for the entire year. In response, Attorney General David Eby...