ICBC 2024 Financial Allocation Methodology

ICBC

2024 Financial Allocation Methodology

Completed: 2024

ICBC is seeking BCUC approval to update its existing Financial Allocation Methodology for allocating revenues and costs among its Basic insurance, Optional insurance and Non-insurance business segments

Hearing and Other Documents

Title	Document Description
EXHIBIT LIST	Updated: May 3, 2024 @ 8:55 am
G-189-24	Final Order July 12, 2024

Arguments/Submissions

Title	Document Description
ICBC Reply Argument	Reply Argument May 31, 2024
ICBC Final Argument	Final Argument May 16, 2024
BCOAPO Final Argument	Final Argument May 24, 2024

Exhibits

A Exhibits - BCUC Documents

Date	Title	Document Description
February 21, 2024	A-1	Letter dated February 21, 2024– Appointing the Panel for the review of the Insurance Corporation of British Columbia 2024 Financial Allocation Methodology
February 22, 2024	A-2	Letter dated February 22, 2024 – BCUC Order G-46-24 establishing a regulatory timetable with a public notice
February 27, 2024	A-3	Letter dated February 27, 2024 – BCUC Order G-51-24 establishing an amended regulatory timetable with a public notice
March 22, 2024	A-4	Letter dated March 22, 2024 – Intervener Registration and scope of proceeding
March 27, 2024	A-5	Letter dated March 27, 2024 – BCUC Information Request No. 1 to ICBC
April 09, 2024	A-6	Letter dated April 9, 2024 – BCUC Order G-107-24 establishing an amended regulatory timetable

B Exhibits - Applicant Documents

Date	Title	Document Description
January 31, 2024	B-1	INSURANCE CORPORATION OF BRITISH COLUMBIA (ICBC) - 2024 Financial Allocation Methodology Application dated January 31, 2024
February 26, 2024	B-2	Letter dated February 26, 2024 – ICBC submitting request to amend the Regulatory Timetable
March 01, 2024	B-1-1	Letter dated March 1, 2024 – ICBC submitting addendum to the application
March 21, 2024	B-3	Letter dated March 21, 2024 – ICBC submitting confirmation of public notice
April 08, 2024	B-4	Letter dated April 8, 2024 – ICBC submitting request to amend the regulatory timetable
May 02, 2024	B-5	Letter dated May 2, 2024 – ICBC submitting responses to BCUC and BCOAPO Information Requests No. 1

C Exhibits - Intervener Documents

Click here for Intervener List

CREDIT UNION INSURANCE SERVICES ASSOCIATION (CUISA) – Letter dated March 16, 2024 Request to Intervene by John Dickinson

BRITISH COLUMBIA OLD AGE PENSIONERS’ ORGANIZATION ET AL. (BCOAPO ET AL.) – Letter dated March 20, 2024 Request to Intervene by Irina Mis

Date	Title	Document Description
March 16, 2024	C1-1	CREDIT UNION INSURANCE SERVICES ASSOCIATION (CUISA) – Letter dated March 16, 2024 Request to Intervene by John Dickinson
March 20, 2024	C2-1	BRITISH COLUMBIA OLD AGE PENSIONERS’ ORGANIZATION ET AL. (BCOAPO ET AL.) – Letter dated March 20, 2024 Request to Intervene by Irina Mis
April 04, 2024	C2-2	Letter dated April 4, 2024 – BCOAPO submitting Information Request No. 1 to ICBC

Our Review Process

Learn more about how we review applications, which are submitted to us by the entities we regulate. You'll see the types of reviews we conduct and how you can get involved in the process.

Learn more