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BCUC regulation of ICBC

The B.C. Utilities Commission (BCUC) was appointed in 2003 as the independent regulator for ICBC with the responsibility to approve rates for Basic insurance.

Basic Insurance Tariff

The Basic Insurance Tariff, effective June 1, 2007, was approved through Commission Order G-57-07. Subsequent amendments were approved through Commission Orders G-3-08, G-4-08, G-125-08, G-129-08, G-171-08, G-186-08, G-21-09, G-49-09, L-55-09, G-132-09, G-169-09, G-115-10, G-137-10, G-159-10, G-160-10, G-179-10, G-121-11, G-204-11, G-221-11, G-141-12, G-109-12, G-197-12, G-141-13 and G-221-13.

Note: This tariff information is provided for your convenience. If there are differences between this material and the official document approved by the BCUC, the official document shall prevail. The Basic Insurance Tariff, as posted above, may not be fully searchable.

Current Submissions to BCUC

2013 Revenue Requirements Application

On August 30, 2013, ICBC filed its Revenue Requirements Application for Basic insurance rates commencing November 1, 2013 and it is seeking approval for a new Basic insurance Capital Management Plan.

The following are the excel files of the exhibits included in Chapter 3 Actuarial Rate Level Indication Analysis and the Basic Insurance Information Sharing included in Appendix 10 A, filed with the BCUC as part of ICBC’s Application.

Listed below are all ICBC documents relating to the 2013 Revenue Requirements Application regulatory proceeding:

September 30, 2013 Workshop Presentation PDF- 820 KB ICBC’s September 24, 2013 Workshop Presentation
November 8, 2013 ICBC's IR Responses to BCUC.1.1 to 99.4 PDF- 44MB ICBC's responses to BCUC information requests
November 8, 2013 ICBC’s IR Responses to BCUC 100.1 to 156.3 PDF- 22MB ICBC's responses to BCUC information requests
November 8, 2013 ICBC’s IR Responses to Intervenors PDF- 39MB ICBC's responses to AIC, BCPSO, CDI, COPE, IBC, PI, RL, and TREAD information requests
December 23, 2013 ICBC’s IR Responses to BCUC and Intervenors (No. 2) PDF- 11 MB ICBC's responses to BCUC, BCPSO, CDI, GA, IBC, RL, and TREAD information requests (No. 2)
January 23, 2014 Witness Panel and Direct Testimony PDF- 9 MB ICBC's witness panel and direct testimony relating to the Revenue Requirements Oral Hearing
January 24, 2014 Errata PDF-926 KB ICBC's errata with respect to the Application and Responses to Information Requests No. 1 and No. 2
January 30, 2014 ICBC’s letter regarding the Statement of Investment Policy and Procedures and related confidential IRs PDF- 41KB ICBC’s letter regarding the Statement of Investment Policy and Procedures dated April 15, 2013 and related confidential IRs as no longer being confidential
January 30, 2014 ICBC’s Investments Chapter, Appendix 5 C PDF- 701KB ICBC’s Appendix 5 C, the Statement of Investment Policy and Procedures dated April 15, 2013, originally filed confidentially on August 30, 2013
January 30, 2014 ICBC’s response to the Commission’s confidential information requests (No. 1) PDF- 1.35MB ICBC’s response to the Commission’s confidential information requests (No. 1) related to Investments, originally filed confidentially on November 8, 2013
January 30, 2014 ICBC’s response to the Commission’s confidential information requests (No.2) PDF- 441KB ICBC’s response to the Commission’s confidential information requests (No.2) related to Investments, originally filed confidentially on December 23, 2013
January 31, 2014 ICBC's Rebuttal Evidence PDF - 255KB ICBC's Rebuttal Evidence
February 3, 2014 ICBC’s Opening Statement Presentations PDF -0.98 KB ICBC’s Opening Statement Presentations filed in advance of the Oral Hearing
February 6, 2014 ICBC's Opening Statement - Package of Relevant Legislation and Decisions PDF -20 MB Exhibit B-14, ICBC’s Opening Statement-Package of Relevant Legislation and Decisions from the Oral Hearing
February 11, 2014 2013 RR BCPSO.UT.1 PDF -981 KB Exhibit B-15, ICBC’s Undertaking in response to BCPSO
February 11, 2014 2013 RR AIC.UT.1 PDF -3,764 KB Exhibit B-16, ICBC’s Undertaking in response to AIC
February 12, 2014 Erata - 2013.2 RR BCUC.180.1 PDF - 1,554 KB Exhibit B-18, Errata with respect to the response to information request 2013.2 RR BCUC.180.1
February 12, 2014 2013 RR BCPSO.UT.2 PDF - 1,742 KB Exhibit B-19, ICBC’s Undertaking in response to BCPSO
February 12, 2014 Exhibit B-20, Sable Offshore Energy Inc v. Ameron International Corp, 2013 SCC 37 PDF - 6,333 KB Exhibit B-20, Sable Offshore Energy Inc v. Ameron International Corp, 2013 SCC 37
February 12, 2014 Errata – 2013.1 RR BCUC.115.2 PDF - 1,186 KB Exhibit B-21, Errata with respect to the response to information request 2013.1 RR BCUC.115.2
February 12, 2014 Errata – 2013.1 RR RL.7.2 PDF - 1,370 KB Exhibit B-22, Errata with respect to the response to information request 2013.1 RR RL.7.2
February 12, 2014 Errata – 2013.1 RR TREAD.22.1 PDF - 2,104 KB Exhibit B-23, Errata with respect to the response to information request 2013.1 RR TREAD.22.1
February 12, 2014 2013 RR BCUC.UT.2 PDF - 822 KB Exhibit B-24, ICBC’s Undertaking in response to BCUC
February 13, 2014 Government Directives of November 25, 2011 and May 18, 2010 PDF -  3,002 KB Exhibit B-25, Government Directives of November 25, 2011 and May 18, 2010
February 13, 2014 2013 RR BCPSO.UT.3 PDF -  921 KB Exhibit B-26, ICBC’s Undertaking in response to BCPSO
February 13, 2014 Excerpt from the April 2010 Reasons for Decision on the Streamlined Regulatory Process PDF -  1,337 KB Exhibit B-27, Excerpt from the April 2010 Reasons for Decision on the Streamlined Regulatory Process
February 14, 2014 August 30, 2013 Vancouver Sun excerpts PDF - 1,850 KB Exhibit B-28, August 30, 2013 Vancouver Sun excerpts
February 20, 2014 ICBC's Responses to Eight Outstanding Oral Hearing Undertakings PDF - 3,140 KB Exhibit B-29 ICBC’s responses to Undertakings during the Oral Hearing
February 21, 2014 ICBC's Responses to Four Outstanding Oral Hearing Undertakings PDF - 300 KB Exhibit B-30, ICBC’s responses to additional Undertakings during the Oral Hearing
February 24, 2014 ICBC's Responses to Three Outstanding Oral Hearing Undertakings PDF - 216 KB Exhibit B-31, ICBC’s responses to additional Undertakings during the Oral Hearing
February 25, 2014 ICBC’s Final Argument PDF - 775 KB ICBC’s Final Argument
March 12, 2014 ICBC's Response to One Outstanding Oral Hearing Undertaking PDF - 286 KB Exhibit B-32, ICBC’s response to an Undertaking during the Oral Hearing
March 17, 2014 ICBC's Reply Argument PDF - 536 KB ICBC's Reply Argument on ICBC’s 2013 Revenue Requirements Application 

Past submissions to BCUC

ICBC's past submissions to the BCUC are available on the Commission's websiteexternal link