ICBC

2023 Revenue Requirements

Completed: 2023

ICBC is seeking BCUC approval of a universal compulsory automobile insurance (Basic insurance) rate increase of zero percent for the 24-month policy year, commencing April 1, 2023. ICBC also proposes changes to BCUC-reported performance measures and other reporting.

Hearing and Other Documents

Title Document Description
EXHIBIT LIST Updated: August 22, 2023 @ 11:39 am
Decision and Order G-266-23 Decision and Final Order October 11, 2023

Arguments/Submissions

Title Document Description
ICBC Final Argument Final Argument May 16, 2023
McCandless Final Argument Final Argument May 24, 2023
MoveUP Final Argument Final Argument June 5, 2023
BCOAPO Final Argument Final Argument June 6, 2023
ICBC Reply Argument Reply Argument June 27, 2023

Exhibits

A Exhibits - BCUC Documents

Date Title Document Description
December 21, 2022 A-1 Letter dated December 21, 2022 – Appointing the Panel for the review of ICBC 2023 Revenue Requirements Application
January 10, 2023 A-2 Letter dated January 10, 2023 – BCUC Order G-2-23 establishing a regulatory timetable
February 09, 2023 A-3 Letter dated February 9, 2023 – BCUC Information Request No. 1 to ICBC
February 09, 2023 A-4 CONFIDENTIAL – Letter dated February 9, 2023 – BCUC Confidential Information Request No. 1 to ICBC
March 06, 2023 A-5 Letter dated March 6, 2023 – BCUC submitting Workshop Information
March 24, 2023 A-6 Letter dated March 24, 2023 – BCUC submitting Amended Workshop Information
March 29, 2023 A-7 Letter dated March 29, 2023 – BCUC submitting Workshop Request to ICBC
April 13, 2023 A-8 Letter dated April 13, 2023 – BCUC Order G-81-23 establishing further regulatory timetable with Reasons
June 13, 2023 A-9 Letter dated June 13, 2023 – BCUC amending the Panel for the review of the application
August 22, 2023 A-10 Letter dated August 22, 2023 – BCUC response to ICBC Information Request No. 1 errata

B Exhibits - Applicant Documents

Date Title Document Description
December 15, 2022 B-1 INSURANCE CORPORATION OF BRITISH COLUMBIA (ICBC) - 2023 Revenue Requirements Application dated December 15, 2022
December 15, 2022 B-1-1 CONFIDENTIAL - Letter dated December 15, 2022 – ICBC submitting 2023 Revenue Requirements Application confidential Appendix 8J - 2022/23 Annual Information Technology Capital Expenditure Plan
January 18, 2023 B-2 Letter dated January 18, 2023 – ICBC submitting confirmation of Public Notice compliance with Order G-2-22
March 09, 2023 B-3 Letter dated March 9, 2023 – ICBC submitting responses to BCUC Information Request No. 1
March 09, 2023 B-3-1 CONFIDENTIAL – Letter dated March 9, 2023 – ICBC submitting confidential responses to BCUC Information Request No. 1
March 09, 2023 B-4 CONFIDENTIAL – Letter dated March 9, 2023 – ICBC submitting confidential responses to BCUC Confidential Information Request No. 1
March 09, 2023 B-5 Letter dated March 9, 2023 – ICBC submitting responses to Interveners Information Requests No. 1
April 04, 2023 B-6 Letter dated April 4, 2023 – ICBC submitting Workshop Presentation
April 05, 2023 B-6-1 Letter dated April 5, 2023 – ICBC submitting updated Workshop Presentation slides to rectify page numbers
April 14, 2023 B-7 Letter dated April 14, 2023 – ICBC submitting Workshop Transcripts Volumes 1 and 2 corrections
April 20, 2023 B-8 Letter dated April 20, 2023 – ICBC submitting response to Workshop Undertakings
August 18, 2023 B-9 Letter dated August 18, 2023 – ICBC submitting errata to Information Request No. 1 response

C Exhibits - Intervener Documents



Date Title Document Description
January 12, 2023 C1-1 MOVEUP (MOVEUP) - Letter dated January 12, 2023 submitting request to intervene by Jim Quail
January 20, 2023 C2-1 MCCANDLESS, RICHARD (MCCANDLESS) - Letter dated January 20, 2023 submitting request to intervene
January 25, 2023 C3-1 INSURANCE BUREAU OF CANADA (IBC) - Letter dated January 25, 2023 submitting request to intervene by Miranda Lee
January 30, 2023 C4-1 BRITISH COLUMBIA OLD AGE PENSIONERS’ ORGANIZATION, COUNCIL OF SENIOR CITIZENS’ ORGANIZATIONS OF BC, ACTIVE SUPPORT AGAINST POVERTY, AND TOGETHER AGAINST POVERTY SOCIETY (BCOAPO) – Letter dated January 30, 2023 submitting request to intervene by Irina Mis, Leigha Worth, Darren Rainkie and Kelly Derksen
February 15, 2023 C2-2 Letter dated February 15, 2023 – McCandless submitting Information Request No. 1 to ICBC
February 16, 2023 C1-2 Letter dated February 16, 2023 – MoveUP submitting Information Request No. 1 to ICBC
February 16, 2023 C3-2 Letter dated February 16, 2023 – IBC submitting Information Request No. 1 to ICBC
February 16, 2023 C4-2 Letter dated February 16, 2023 – BCOAPO submitting Information Request No. 1 to ICBC

E Exhibits - Letters of Comment

Date Title Document Description
May 03, 2023 E-1 Landale, R. (Landale) – Letter of Comment dated May 3, 2023

Transcripts

Date Title Document Description
April 05, 2023 Transcript Volume 1 Workshop April 5, 2023
April 05, 2023 Transcript Volume 2 Workshop April 5, 2023

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