ICBC

Insurance Corporation of BC 2007 Revenue Requirements Application ~ Project No. 3698456

Completed: 2007

Hearing and Other Documents

Title Document Description
* Exhibit List Updated: September 26, 2007 @ 10:43 am
* Distribution List Updated: May 24, 2007 @ 3:01 pm
* E-mail/Fax/Mail List Updated: May 24, 2007 @ 3:01 pm
Decision - Reasons - January 9, 2008 ICBC ~ An Application for approval of the 2007 Revenue Requirements for Universal Compulsory Automobile Insurance and A Filing of Information Relating to Matters Referenced in the British Columbia Utilities Commission Decision dated July 13, 2006

Arguments/Submissions

Title Document Description
ICBC - Final Submissions - September 14 2007
IBC - Final Submission - September 28 2007
Russel Sykes - Final Argument - September 28 2007
Pemberton - Final Argument - September 28 2007
Canadian Direct Insurance - Final Submissions - September 28, 2007
Frank W. Duck - Final Submission - September 28, 2007
BCOAPO - Final Submission - September 28, 2007
ICBC Final Reply Submission October 9, 2007 ICBC's 2007 Revenue Requirements Final Reply Submission

Exhibits

A Exhibits - BCUC Documents

Date Title Document Description
March 20, 2007 A-1 Letter dated March 19, 2007 issuing Order G-31-07 regarding Interim Rates for Revenue Requirements Application
March 20, 2007 A-2 Letter dated March 19, 2007 issuing Order G-32-07 to establish Workshop and Notice of Pre-Hearing Conference to review the Revenue Requirements Application
April 16, 2007 A-3 Letter dated April 16, 2007 issuing letter to all participants in respect to the regulatory process
April 27, 2007 A-4 Letter dated April 27, 2007 issuing Order No. G-48-07 establishing Regulatory Agenda and Timetable
May 01, 2007 A-5 Letter dated May 1, 2007 issuing Commission Information Request No. 1 to ICBC
June 12, 2007 A-6 Letter No. L-42-07 dated June 11, 2007 confirming ICBC’s understanding of Commission Order No. G-48-07 and the Actuarial Issues to be reviewed at the Oral Public Hearing
June 12, 2007 A-7 Letter dated June 12, 2007 issuing Commission Information Request No. 2 to ICBC
July 09, 2007 A-8 Letter dated July 9, 2007 directing ICBC to respond to Intervenor’s amended information requests on a best efforts basis to as many of the new or revised questions relating to the proceeding (Exhibit C9-3)
July 18, 2007 A-9 Letter dated July 17, 2007 Issuing Oral Public Hearing Hours
July 19, 2007 A-10 Letter dated July 19, 2007 establishing the location for the Oral Public Hearing and issuing a response to Intervenor’s request for a motion
July 20, 2007 A-11 Letter dated July 19, 2007 filing response to Intervenor’s request for assistance (Exhibit C7-8)
July 27, 2007 A-12 Letter dated July 26, 2007 responding to Russell Sykes’ letter of July 20, 2007 (Exhibit C7-9)
July 27, 2007 A-13 Letter dated July 26, 2007 responding to Russell Sykes on the Oral Public Hearing process of hearing his Motion and comments (July 22, 2007 letter) (Exhibit C7-10)
July 30, 2007 A-14 SUBMITTED AT HEARING – Cross examination reference book
July 30, 2007 A-15 SUBMITTED AT HEARING – Witness Aid - Minimum Capital Test (MCT) Rations under Different Methodologies
August 01, 2007 A-16 SUBMITTED AT HEARING – Guideline from the Office of the Superintendent of Financial Institutions Canada - Minimum Capital Test (MCT) for Federally Regulated Property and Casualty Insurance Companies dated July 2003
August 01, 2007 A-17 SUBMITTED AT HEARING – Guideline from the Office of the Superintendent of Financial Institutions Canada - Minimum Capital Test (MCT) for Federally Regulated Property and Casualty Insurance Companies dated January 2007
September 26, 2007 A-18 Letter dated September 18, 2007 seeking comments from Intervenors who object to re-opening the record solely for the purpose of filing ICBC’s errata for 2007.2 RR IBC.83.1
September 26, 2007 A-19 Letter No. L-76-07 dated September 26, 2007 reopening the evidentiary record to accept for filing ICBC’s September 13, 2007 errata to information request response for 2007.2 RR IBC.83.1

B Exhibits - Applicant Documents

Date Title Document Description
March 16, 2007 B-1-1 Letter dated March 15, 2007 filing Insurance Corporation of British Columbia 2006 Revenue Requirements Application, Volume 1
March 16, 2007 B-1-2 Letter dated March 15, 2007 filing Insurance Corporation of British Columbia 2006 Revenue Requirements Application, Volume 2
March 20, 2007 B-1-3 Letter dated March 20, 2007, filing excel files included in Chapter 4 "Actuarial Rate Indication Analysis" and Appendix 7.3 B Basic Insurance Information Sharing (Exhibit B-1-1)
April 13, 2007 B-1-4 Letter dated April 13, 2007 filing Errata to ICBC Revenue Requirements Application, Volume I, Chapter 17.1, Driver Risk Premium
April 13, 2007 B-1-5 Letter dated April 13, 2007 filing Addendum to Application - Chapter 6.3, Table of Contents and Table of Figures
April 13, 2007 B-1-6 Letter dated May 10, 2007 filing an Errata to the Application in Volume 1, Chapter 6.2, Appendix 6.2A, page 14, regarding the Eckler report on 2005 unpaid claims
April 20, 2007 B-2 Letter dated April 19, 2007 filing proposed Regulatory Timetable for review of the Revenue Requirements Application
April 24, 2007 B-3 Distributed at the Pre-Hearing Conference, filing proposed Regulatory Timetable for review of the Rate Design Application
May 01, 2007 B-4 Letter dated April 30, 2007, filing Affidavits of publication of Pre-Hearing Conference Notice
May 02, 2007 B-5 Letter dated May 1, 2007 filing presentation on ICBC's Basic Insurance Rate Design and 2007 Revenue Requirements Applications presented at the BCUC public workshop on April 23, 2007
June 01, 2007 B-6 Response dated June 1, 2007 to British Columbia Chiropractic Association Information Request No. 1
June 01, 2007 B-7 Response dated June 1, 2007 to British Columbia Old Age Pensioners Organization Information Request No. 1
June 01, 2007 B-8 Response dated June 1, 2007 to Consumers’ Association of British Columbia Information Request No. 1
June 01, 2007 B-9 Response dated June 1, 2007 to Frank Duck Information Request No. 1
June 01, 2007 B-10 Response dated June 1, 2007 to Insurance Bureau of Canada Information Request No. 1
June 01, 2007 B-11-1 Letter dated June 1, 2007, filing cover letter and response to the Commission’s and Intervenors Information Request No. 1
June 04, 2007 B-11-2 CONFIDENTIAL - filing under separate cover confidential responses to Commission Information Request No. 1, Question 85.7
June 04, 2007 B-11-3 Response dated June 1, 2007 to British Columbia Chiropractic Association Information Request No. 1 (formerly Exhibit B-6)
June 04, 2007 B-11-4 Response dated June 1, 2007 to British Columbia Old Age Pensioners Organization Information Request No. 1 (formerly Exhibit B-7)
June 04, 2007 B-11-5 CONFIDENTIAL – filing confidential BCOAPO response - Attachment B – BI Basic Claims Costs of March 2, 2006
June 04, 2007 B-11-6 Response dated June 1, 2007 to Consumers’ Association of British Columbia Information Request No. 1 (formerly Exhibit B-8)
June 04, 2007 B-11-7 Response dated June 1, 2007 to Frank Duck Information Request No. 1 (formerly Exhibit B-9)
June 04, 2007 B-11-8 Response dated June 1, 2007 to Insurance Bureau of Canada Information Request No. 1 (formerly Exhibit B-10)
July 25, 2007 B-12 Letter dated June 7, 2007 requesting confirmation of ICBC’s understanding of Order No. G-48-07
June 28, 2007 B-13 Letter dated June 28, 2007 filing comments and copy of amended Information Request No. 1 to ICBC from Russell Sykes
June 29, 2007 B-14 Letter dated June 29, 2007 filing amended Commission Information Request No. 35.1 and 35.2
July 10, 2007 B-15 Letter dated July 10, 2007 filing responses to Commission’s and BCOAPO’s Information Request No. 2 and Intervenors’ Information Request No. 1
July 11, 2007 B-16 CONFIDENTIAL - Letter dated July 10, 2007 filing confidential response to Commission Information Request No. 2.177.3
July 20, 2007 B-17 Letter dated July 20, 2007, filing Witness Panels and Direct Testimony of Camille Minogue, Andrew Loach, and William T. Weiland
July 31, 2007 B-18 SUBMITTED AT HEARING – Response to Information Request entitled “MCT Implications of New Financial Instrument Standards”
July 31, 2007 B-19 SUBMITTED AT HEARING – Response to Information Request entitled “ICBC Reconciliation of 2007 Basic Forecast ($27 Million) to First Quarter Forecast Update”
July 31, 2007 B-20 SUBMITTED AT HEARING – ICBC Witness Aid, MCT Ratio Under Different Methodologies (Updated Exhibit A-15)
July 31, 2007 B-21 SUBMITTED AT HEARING – Undertaking at Volume 2, Page 117, Line 12 to Page 118, Line 7, responding to BCOAPO question on calculations for the Corporate MCT ratio
July 31, 2007 B-22 SUBMITTED AT HEARING – Undertaking at Volume 2, Page 140, Line 13 to Page 141, Line 10, responding to BCOAPO question on the MCT target ratio and the available excess capital
August 07, 2007 B-23 Letter dated August 7, 2007 filing response to Mr. Russell Sykes acknowledging receipt of fax requesting hard copies for outstanding undertakings and Arguments (Exhibit C7-11)
August 10, 2007 B-24 Letter dated August 10, 2007, filing Undertakings at Transcript Volume 2, Page 141 and Page 200 to 201, Transcript Volume 3, Page 390 to 391, 399, 402to 405, 422- 423, 307 to 308, filing responses to various Commission and Intervenors requests for information
August 15, 2007 B-25 Letter dated August 15, 2007, filing Undertaking at Transcript Volume 3, Page 393 to 396, and Page 410, lines 9 to 23, filing outstanding responses to the Commission’s questions on MCT and 20 year transition period on rate levels
September 04, 2007 B-26 Letter dated September 4, 2007 filing outstanding Undertaking at Transcript Volume 3, Page 355, line 5 to Page 356, line 25, filing a revised base scenario from the material in the Eckler Report
September 13, 2007 B-27 Letter dated September 13, 2007 filing Errata with respect to Information Request response to IBC Question 83.1 containing a table outlining the 2007 forecast for Loss Management programs and initiatives

C Exhibits - Intervener Documents

INSURANCE BUREAU OF CANADA – Email dated March 22, 2007 from Sara Mehrjou, filing request for Intervenorship
CANADIAN OFFICE PROFESSIONAL EMPLOYEE’S UNION LOCAL 378 – Online web registration received March 26, 2007 from Steve Toomey, filing request for Intervenorship
BRITISH COLUMBIA OLD AGE PENSIONERS' ORGANIZATION ET AL (BCOAPO) - Received letter dated March 27, 2006 from Jim Quail requesting Intervenor Status and for Leigha Worth, Counsel
CANADIAN DIRECT INSURANCE – Online web registration received March 28, 2007 from Karen Hopkins-Lee, filing request for Intervenorship
FAMILY INSURANCE SOLUTIONS – Email dated March 30, 2006 from Peter G. Thrower requesting Intervenor Status
BC CHIROPRACTIC ASSOCIATION – Online web registration received April 12, 2007 from Dr. Don Nixdorf, filing request for Intervenorship
SYKES, RUSSELL – Letter dated April 13, 2007 requesting Intervenor Status
CONSUMERS' ASSOCIATION OF CANADA (CAC)– Letter dated April 13, 2007 from Bruce Cran and on behalf of Greg Basham requesting Intervenor Status
DUCK, FRANK – Online web registration received April 16, 2007 filing request for Intervenorship
COALITION AGAINST NO-FAULT IN BC (CANFBC) – Online web registration received from Gordon Adair dated May 1, 2007 requesting Intervenor Status
TRIAL LAWYERS ASSOCIATION OF BC (TLABC) – Online web registration received from Carla Terzariol, dated May 1, 2007 requesting late Intervenor Status
BC AUTOMOBILE ASSOCIATION INSURANCE CORPORATION – Online web registration received from Patricia Stirling, dated May 7, 2007 requesting late Intervenor Status
NW INSURANCE BROKERS LTD. – Email dated May 22, 2007 from Nancy Wells requesting late Intervenor Status


Date Title Document Description
March 22, 2007 C1-1 INSURANCE BUREAU OF CANADA – Email dated March 22, 2007 from Sara Mehrjou, filing request for Intervenorship
May 07, 2007 C1-2 Letter dated May 4, 2007 filing Information Request No. 1 to ICBC
June 13, 2007 C1-3 Letter dated June 12, 2007 filing Information Request No. 2 to ICBC
July 30, 2007 C1-4 SUBMITTED AT HEARING – Cross examination reference documents for the Actuarial Panel
March 26, 2007 C2-1 CANADIAN OFFICE PROFESSIONAL EMPLOYEE’S UNION LOCAL 378 – Online web registration received March 26, 2007 from Steve Toomey, filing request for Intervenorship
March 28, 2007 C3-1 BRITISH COLUMBIA OLD AGE PENSIONERS' ORGANIZATION ET AL (BCOAPO) - Received letter dated March 27, 2006 from Jim Quail requesting Intervenor Status and for Leigha Worth, Counsel
May 04, 2007 C3-2 Letter dated May 4, 2007 filing BCOAPO’s Information Request No. 1 on Non-Actuarial Issues
June 04, 2007 C3-3 Letter dated June 4, 2007 filing BCOAPO’s Information Request No. 2 to ICBC
July 30, 2007 C3-4 SUBMITTED AT HEARING – Cross examination reference documents for the Revenue Requirements Application
March 28, 2007 C4-1 CANADIAN DIRECT INSURANCE – Online web registration received March 28, 2007 from Karen Hopkins-Lee, filing request for Intervenorship
June 13, 2007 C4-2 Letter dated June 12, 2007 filing Information Request No. 2 to ICBC
July 31, 2007 C4-3 SUBMITTED AT HEARING – Reference Documents for the Actuarial Panel (Chapters 4, 5 & 6)
March 30, 2007 C5-1 FAMILY INSURANCE SOLUTIONS – Email dated March 30, 2006 from Peter G. Thrower requesting Intervenor Status
July 18, 2007 C5-2 Email dated July 18, 2007 from Peter G. Thrower filing comments in support of information filed by Mr. Sykes (Exhibit C7-7)
April 13, 2007 C6-1 BC CHIROPRACTIC ASSOCIATION – Online web registration received April 12, 2007 from Dr. Don Nixdorf, filing request for Intervenorship
May 04, 2007 C6-2 Letter dated May 4, 2007 filing BCCA Information Request No. 1
April 13, 2007 C7-1 SYKES, RUSSELL – Letter dated April 13, 2007 requesting Intervenor Status
June 13, 2007 C7-2 Letter dated June 12, 2007 filing Information Request No. 1 to ICBC
June 28, 2007 C7-3 Letter dated June 26, 2007 filing amended Information Request No. 1 to ICBC
July 03, 2007 C7-4 Letter dated June 29, 2007 filing response regarding the amended Information Request to ICBC (Exhibit B-13)
July 03, 2007 C7-5 Letter dated June 29, 2007 filing comments on procedural matters and Regulatory Timetable schedule (Exhibit B-13)
July 16, 2007 C7-6 Letter dated July 16, 2007 filing comments on procedural matters and timeline for filing submissions on Evidence
July 17, 2007 C7-7 Letter dated July 17, 2007 filing a motion regarding the procedure for the conduct of the Oral Public Hearing
July 19, 2007 C7-8 Letter dated July 18, 2007 filing Notice to Attend the Oral Public Hearing and request for assistance
July 23, 2007 C7-9 Letter dated July 20, 2007 requesting the Commission to provide its findings with respect to the amount of premium taxes and the amount of commissions that make up the total commissions and premium taxes noted in the 2006 Revenue Requirements Decision
July 23, 2007 C7-10 Letter dated July 22, 2007 objecting to the ruling in Exhibits A-10 (revenue requirements) and A-12 (rate design) and requesting the Commission to provide additional reasons for its ruling
August 03, 2007 C7-11 Letter dated August 3, 2007 to ICBC filing comments and request for copies of undertaking documentation
September 26, 2007 C7-12 Letter dated September 18, 2007 opposing the reopening of the evidentiary record to accept ICBC’s September 13, 2007 filing of Errata (Exhibit B-27)
April 16, 2007 C8-1 CONSUMERS' ASSOCIATION OF CANADA (CAC)– Letter dated April 13, 2007 from Bruce Cran and on behalf of Greg Basham requesting Intervenor Status
May 04, 2007 C8-2 Letter dated May 4, 2007 filing CACBC Information Request No. 1 – Non-Actuarial Matters
April 16, 2007 C9-1
June 12, 2007 C9-2 Letter received June 12, 2007 filing Information Request No. 1 to ICBC
April 17, 2007 C10-1 DUCK, FRANK – Online web registration received April 16, 2007 filing request for Intervenorship
May 04, 2007 C10-2 E-mail dated May 4, 2007 filing Information Request No. 1
June 13, 2007 C10-3 Letter dated June 12, 2007 filing Information Request No. 2 to ICBC
May 03, 2007 C11-1 COALITION AGAINST NO-FAULT IN BC (CANFBC) – Online web registration received from Gordon Adair dated May 1, 2007 requesting Intervenor Status
May 03, 2007 C12-1 TRIAL LAWYERS ASSOCIATION OF BC (TLABC) – Online web registration received from Carla Terzariol, dated May 1, 2007 requesting late Intervenor Status
May 09, 2007 C13-1 BC AUTOMOBILE ASSOCIATION INSURANCE CORPORATION – Online web registration received from Patricia Stirling, dated May 7, 2007 requesting late Intervenor Status
May 09, 2007 C13-2 Online web registration received from Heather Prizeman, dated May 8, 2007 requesting late Intervenor Status
May 22, 2007 C14-1 NW INSURANCE BROKERS LTD. – Email dated May 22, 2007 from Nancy Wells requesting late Intervenor Status
September 26, 2007 C14-2 Letter dated September 18, 2007 opposing the reopening of the evidentiary record to accept ICBC’s September 13, 2007 filing of Errata (Exhibit B-27)

D Exhibits — Interested Party Documents

Date Title Document Description
April 02, 2007 D-2 MILLER, SPENCER – Online web registration received dated April 2, 2007 requesting Interested Party Status
April 17, 2007 D-3 MINISTRY OF PUBLIC SAFETY AND SOLICITOR GENERAL, POLICE SERVICES - Online web registration received from Bruce Anderson dated April 16, 2007 requesting Interested Party Status
April 18, 2007 D-4 CANADIAN NORTHERN SHIELD INSURANCE COMPANY (CNS) – Online web registration received April 18, 2007 from Lori Manskopf requesting late Interested Party status
May 03, 2007 D-5 COPE 378 - Online web registration received May 2, 2007 from David Black requesting late Interested Party status
March 21, 2007 D1-1 INSURANCE BROKERS ASSOCIATION OF BRITISH COLUMBIA – Online web registration received March 21, 2007 from C.J. Byrne, Executive Director

E Exhibits - Letters of Comment

Date Title Document Description
March 29, 2007 E-1 Letter of Comment dated March 28, 2007 from Victor Landrie, Vancouver, BC
May 17, 2007 E-2 Letter of Comment dated May 10, 2007 from Rob Stokes, North Vancouver, BC filing complaint and additional correspondence

Transcripts

Date Title Document Description
April 24, 2007 Transcript Volume 1 - Pre-Hearing Conference - April 16 2007
July 30, 2007 Transcript Volume 2 - ICBC RR - July 30, 2007
July 31, 2007 Transcript Volume 3 - ICBC RR - July 31, 2007
August 01, 2007 Transcript Volume 4 - ICBC RD & RR - August 1, 2007
August 02, 2007 Transcript Volume 5 - ICBC RD & RR - August 2, 2007

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