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The BC Utilities Commission (BCUC) was appointed in 2003 as the independent regulator for ICBC with the responsibility to approve rates for Basic insurance.
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 and G-4-08.
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.
On December 21, 2007 ICBC submitted to BCUC its filing for a Workshop and Negotiated Settlement Process relating to Regional Claim Centres Allocation. This filing is pursuant to the Negotiated Settlement Agreement approved by the BCUC on May 18, 2005, through Order No. G-46-05.
Listed below are subsequent documents relating to ICBC's 2007 Regional Claim Centres Allocation Filing:
| Date | Filing | Document | File Info | Summary |
| January 14, 2008 | RCCA | ICBC Letter to BCUC re RCCA Distribution Jan 14 2008 | PDF – 32 KB | ICBC's letter to IBC regarding the distribution of the Filing. |
| January 29, 2008 | RCCA | ICBC Response to Sykes Letter Jan 29 2008 | PDF – 47 KB | ICBC's letter regarding Mr. Sykes' letter of January 22, 2008. |
| January 29, 2008 | RCCA | ICBC RCCA IR Responses Jan 29 2008 | PDF – 373 KB | ICBC's response to BCUC, IBC and Mr. Sykes' information requests. |
| February 5, 2008 | RCCA | ICBC Errata Re: 2007 RCCA Filing | PDF – 43 KB | This errata provides a replacement for page 54 of the 2007 Regional Claim Centres Allocation Filing. |
| February 12, 2008 | RCCA | ICBC Response to Sykes Letter Feb 12 2008 | PDF – 27 KB | ICBC's letter regarding Mr. Sykes' letter of February 6, 2008. |
| February 21, 2008 | RCCA | ICBC's RCCA Workshop Presentation | PDF – 1353 KB | ICBC's February 20, 2008 workshop presentation on ICBC's 2007 Regional Claim Centres Allocation Filing. |
On March 16, 2007 ICBC submitted to BCUC its 2007 Revenue Requirements Application seeking approval for a 3.3 percent increase in Basic insurance rates. ICBC has applied for interim approval of the rate change effective May 1, 2007 . The Application also includes a filing of information relating to matters referenced in the BCUC's Decision of July 13, 2006 .
The following are the excel files of the exhibits included in Chapter 4 Actuarial Rate Level Indication Analysis and Appendix 7.3 B Basic Insurance Information Sharing Exhibits, filed with BCUC as part of ICBC's 2007 Revenue Requirements Application (Exhibit B-1).
On March 29, 2007 ICBC submitted to BCUC its inaugural Rate Design Application with respect to Basic insurance rates. Whereas revenue requirements determine the total revenue ICBC collects, rate design determines how insurance premiums for each policyholder are established and how insurance premiums are allocated to the different customers groups. This Rate Design Application contains ICBC’s short-term and long-term plans for rate design change.
The following are the excel files of the figures included in Appendix 18 D Actuarial Analysis: Plate Owner Basic Insurance Indicated Base Rate Adjustments and Appendix 18 E Actuarial Analysis: Proposed Year 1 Base Rate, filed with BCUC as part of ICBC's Rate Design Application.
On January 9, 2008 , the BCUC released its final decision on ICBC’s 2007 Revenue Requirements Application and its Rate Design Application. The decision confirms the 3.3 per cent increase in rates for Basic insurance which was approved on an interim basis by BCUC effective May 1, 2007.
Listed below are subsequent documents relating to ICBC's 2007 regulatory proceedings:
| Date | Filing | Document | File Info | Summary |
| April 13, 2007 | Both | ICBC Errata Rev Req 2007 April 13 2007 B-1-4 | PDF – 138 KB | Letter correcting errors in ICBC's 2007 Revenue Requirements Application and Rate Design Application. |
| April 13, 2007 | Both | Cover letter from ICBC to BCUC re revisions and addenda | PDF – 25 KB | Letter transmitting revised Table of Contents, Table of Figures, Chapter 6.3 and Appendix 17.1 B. |
| April 13, 2007 | Rev Req | Table of Contents Volume I of II Revised | PDF – 23 KB | Revised Table of Contents for 2007 Revenue Requirements Application. |
| April 13, 2007 | Rev Req | Table of Figures Volume I of II Revised | PDF – 17 KB | Revised Table of Figures for 2007 Revenue Requirements Application. |
| April 13, 2007 | Rate Design | Chapter 6.3 Investment Performance Information | PDF – 228 KB | Chapter 6.3 added to 2007 Revenue Requirements Application to provide additional investment performance information. |
| April 13, 2007 | Rate Design | Appendix 17.1 B Revised | PDF – 93 KB | Revised Appendix 17.1 B of Rate Design Application to update criminal code offenses. |
| April 30, 2007 | Rate Design | ICBC Errata re Rate Design Basic Insurance Tariff B-4-1 | PDF – 808 KB | Revised Basic Insurance Tariff with a number of relatively minor corrections. |
| May 7, 2007 | Rate Design | Letter to BCUC re Rate Class 017 | PDF – 35 KB | Application to amend the Basic Insurance Rate Schedule to change the weight threshold for Rate Class 017. |
| May 10, 2007 | Rev Req | ICBC 2007 RR Application Replace Page | PDF – 40 KB | This errata provides a replacement page for Volume I, Chapter 6.2, Appendix 6.2A1 page 14, of the 2007 Revenue Requirements Application. |
| May 11, 2007 | Rate Design | ICBC's Rate Design Application - May 11 Errata | PDF – 2 MB | This errata revises sections of Chapter 17.3, a page in Appendix 18 C, and certain formulas, numbers and charts appearing throughout Appendix 18 D and Appendix 18 E of ICBC’s Rate Design Application. The cover letter and attachments list the changes made in this errata and provide an actuarial discussion of the reasons for them. |
| May 11, 2007 | Rate Design | Cover Letter for Excel Version of RD Errata | PDF – 27 KB | Cover letter for the revised excel files for Appendix 18 D and 18 E, filed with BCUC as part of ICBC's Rate Design Application – May 11 Errata. |
| May 11, 2007 | Rate Design | Appendix 18 D - Revised Excel File | Zip – 334 KB | Revised excel files of the figures included in the errata for Appendix 18 D Actuarial Analysis: Plate Owner Basic Insurance Indicated Base Rate Adjustments. |
| May 11, 2007 | Rate Design | Appendix 18 E - Revised Excel File | Zip – 3.5 MB | Revised excel files of the figures included in the errata for Appendix 18 E Actuarial Analysis: Proposed Year 1 Base Rate. |
| May 15, 2007 | Rate Design | ICBC Response to BCUC IRs on Rate Class 017 | PDF - 59 KB | ICBC's response to the Commission's information request regarding the application to amend Rate Class 017. |
| May 16, 2007 | Rate Design | ICBC Reissued Response to BCUC IR 1.2 RC 017 | PDF - 34 KB | ICBC's reissued response to information request 2007.1 RC BCUC.1.2 regarding the application to amend Rate Class 017. |
| May 28, 2007 | Rate Design | ICBC 2nd Errata re Rate Design Basic Insurance Tariff B-4-1 | PDF - 40 KB | Revised Basic Insurance Tariff with a minor correction to page 1 of Schedule D. |
| June 1, 2007 | Rev Req | ICBC IR No. 1 Responses to BCUC and Intervenors - Rev Req | Zip - 51.8 MB | ICBC IR No. 1 Responses to BCUC and Intervenors with respect to ICBC's 2007 Revenue Requirements Application. |
| June 1, 2007 | Rev Req | ICBC IR No. 1 Responses to BCUC - Rev Req | Zip - 35.4 MB | ICBC IR No. 1 Responses to BCUC with respect to ICBC's 2007 Revenue Requirements Application. |
| June 1, 2007 | Rev Req | ICBC IR No. 1 Responses to BCCA - Rev Req | PDF - 218 KB | ICBC IR No. 1 Responses to BCCA with respect to ICBC’s 2007 Revenue Requirements Application. |
| June 1, 2007 | Rev Req | ICBC IR No. 1 Responses to BCOAPO - Rev Req | PDF - 9.7 MB | ICBC IR No. 1 Responses to BCOAPO with respect to ICBC's 2007 Revenue Requirements Application. |
| June 1, 2007 | Rev Req | ICBC IR No. 1 Responses to CACBC - Rev Req | PDF - 673 KB | ICBC IR No. 1 Responses to CACBC with respect to ICBC’s 2007 Revenue Requirements Application. |
| June 1, 2007 | Rev Req | ICBC IR No. 1 Responses to DUCK - Rev Req | PDF - 4.8 MB | ICBC IR No. 1 Responses to DUCK with respect to ICBC’s 2007 Revenue Requirements Application. |
| June 1, 2007 | Rev Req | ICBC IR No. 1 Responses to IBC - Rev Req | PDF - 5.8 MB | ICBC IR No. 1 Responses to IBC with respect to ICBC’s 2007 Revenue Requirements Application. |
| June 1, 2007 | Rate Design | ICBC IR No. 1 Responses to BCUC - Rate Design | PDF - 2.1 MB | ICBC IR No. 1 Responses to BCUC with respect to ICBC's Rate Design Application. |
| June 29, 2007 | Rev Req | Addendum to 2007.1 RR BCUC.35.1 & 35.2 | PDF - 161 KB | Addendum providing additional information in response to information requests 2007.1 RR BCUC.35.1 and 35.2. |
| July 10, 2007 | Rev Req | ICBC IR No. 2 Responses to BCUC and Intervenors – Rev Req | PDF – 15 MB | ICBC’s IR No. 2 Responses to BCUC and Intervenors with respect to ICBC’s 2007 Revenue Requirements Application. |
| July 10, 2007 | Rev Req | ICBC IR No. 2 Responses to BCUC – Rev Req | PDF – 9.1 MB | ICBC’s IR No. 2 Responses to BCUC with respect to ICBC’s 2007 Revenue Requirements Application. |
| July 10, 2007 | Rev Req | ICBC IR No. 2 Responses to BCOAPO – Rev Req | PDF – 3.3 MB | ICBC’s IR No. 2 Responses to BC Old Age Pensioners Association et al with respect to ICBC’s 2007 Revenue Requirements Application. |
| July 10, 2007 | Rev Req | ICBC IR No. 2 Responses to CDI – Rev Req | PDF – 369 KB | ICBC’s IR No. 2 Responses to Canadian Direct Insurance with respect to ICBC’s 2007 Revenue Requirements Application. |
| July 10, 2007 | Rev Req | ICBC IR No. 2 Responses to DUCK – Rev Req | PDF – 1 MB | ICBC’s IR No. 2 Responses to Mr. Frank Duck with respect to ICBC’s 2007 Revenue Requirements Application. |
| July 10, 2007 | Rev Req | ICBC IR No. 2 Responses to IBC – Rev Req | PDF – 11 MB | ICBC’s IR No. 2 Responses to the Insurance Bureau of Canada with respect to ICBC’s 2007 Revenue Requirements Application. |
| July 10, 2007 | Rev Req | ICBC IR No. 2 Responses to PI – Rev Req | PDF – 1.1 MB | ICBC’s IR No. 2 Responses to Pemberton Insurance with respect to ICBC’s 2007 Revenue Requirements Application. |
| July 10, 2007 | Rev Req | ICBC IR No. 2 Responses to SYKES – Rev Req | PDF – 3.6 MB | ICBC’s IR No. 2 Responses to Mr. Russell Sykes with respect to ICBC’s 2007 Revenue Requirements Application. |
| July 10, 2007 | Rate Design | ICBC IR No. 2 Responses to BCUC and IR No. 1 Responses to Intervenors – Rate Design | PDF – 10.4 MB | ICBC’s IR No. 2 Responses to BCUC and IR No. 1 Responses to Intervenors with respect to ICBC’s Rate Design Application. |
| July 10, 2007 | Rate Design | ICBC IR No. 2 Responses to BCUC – Rate Design | PDF – 1.9 MB | ICBC’s IR No. 2 Responses to BCUC with respect to ICBC’s Rate Design Application. |
| July 10, 2007 | Rate Design | ICBC IR No. 1 Responses to BCOAPO – Rate Design | PDF – 744 KB | ICBC’s IR No. 1 Responses to BC Old Age Pensioners Association et al with respect to ICBC’s Rate Design Application. |
| July 10, 2007 | Rate Design | Cover Letter Re Excel File of IR 2007.1 RD BCOAPO.51.7, Attachment A | PDF – 22 KB | Cover letter for Excel version of IR 2007.1 RD BCOAPO.52.1, Attachment A. |
| July 10, 2007 | Rate Design | Excel File of IR 2007.1 RD BCOAPO.51.7, Attachment A | XLS – 413 KB | Excel version of IR 2007.1 RD BCOAPO.52.1, Attachment A. |
| July 10, 2007 | Rate Design | ICBC IR No. 1 Responses to CDI – Rate Design | PDF - 127 KB | ICBC’s IR No. 1 Responses to Canadian Direct Insurance with respect to ICBC’s Rate Design Application. |
| July 10, 2007 | Rate Design | ICBC IR No. 1 Responses to FI – Rate Design | PDF – 100 KB | ICBC’s IR No. 1 Responses to Family Insurance with respect to ICBC’s Rate Design Application. |
| July 10, 2007 | Rate Design | ICBC IR No. 1 Responses to IBC – Rate Design | PDF – 219 KB | ICBC’s IR No. 1 Responses to the Insurance Bureau of Canada with respect to ICBC’s Rate Design Application. |
| July 10, 2007 | Rate Design | ICBC IR No. 1 Responses to NWI – Rate Design | PDF – 49 KB | ICBC’s IR No. 1 Responses to NW Insurance with respect to ICBC’s Rate Design Application. |
| July 10, 2007 | Rate Design | ICBC IR No. 1 Responses to PI – Rate Design | PDF – 5 MB | ICBC’s IR No. 1 Responses to Pemberton Insurance with respect to ICBC’s Rate Design Application. |
| July 10, 2007 | Rate Design | ICBC IR No. 1 Responses to SYKES – Rate Design | PDF – 29 KB | ICBC’s IR No. 1 Responses to Mr. Russell Sykes with respect to ICBC’s Rate Design Application. |
| July 13, 2007 | Rate Design | Basic Insurance Tariff Correction July 13 2007 | PDF – 225 KB | Corrected page 7 of Schedule C to the Basic Insurance Tariff. |
| July 20, 2007 | Rev Req | Witness Panel and Direct Testimony Revenue Requirements | PDF – 86 KB | ICBC's witness panel direct testimony relating to the 2007 Revenue Requirements Oral Hearing. |
| July 20, 2007 | Rate Design | Witness Panels and Direct Testimony Rate Design | PDF – 219 KB | ICBC's witness panel direct testimony relating to the Rate Design Oral Hearing. |
| July 20, 2007 | Rate Design | Proposed Basic Insurance Tariff Changes for DRP and OO | PDF – 469 KB | ICBC's proposed changes to the Basic Insurance Tariff for the implementation of Driver Risk Premium and Other Operator. |
| July 25, 2007 | Rate Design | ICBC Rebuttal Evidence | PDF – 360 KB | ICBC's rebuttal evidence to Family Insurance Solutions and NW Insurance Brokers Ltd. |
| July 26, 2007 | Rate Design | Proposed Basic Insurance Tariff Changes for DRP and OO - Errata | PDF – 55 KB | Correction with respect to the proposed amendment (filed on July 20, 2007) to the Basic Insurance Tariff to implement the Other Operator rating variable. |
| July 31, 2007 | Rev Req | 2007 RR CANF.UT.1 | PDF – 1.2 MB | Exhibit B-18 MCT implications of new financial instrument standards. |
| July 31, 2007 | Rev Req | 2007 RR BCUC.UT.1 | PDF – 1.6 MB | Exhibit B-20 MCT ratios under different methodologies. |
| July 31, 2007 | Rev Req | 2007 RR BCUC.UT.2 | PDF –864 KB | Exhibit B-19 Reconciliation of 2007 Basic forecast to 1st quarter forecast. |
| July 31, 2007 | Rev Req | 2007 RR BCOAPO.UT.1 | PDF – 513 KB | Exhibit B-21 Corporate MCT if Basic MCT at 130%. |
| July 31, 2007 | Rev Req | 2007 RR BCOAPO.UT.2 | PDF – 334 KB | Exhibit B-22 Capital in excess if MCT 100%. |
| August 2, 2007 | Rate Design | Rate Reversals Amendment | PDF – 627 KB | RD Exhibit B-16 Amendment to Rate Design Application regarding "Rate Reversals". |
| August 10, 2007 | Rev Req | ICBC Responses to Outstanding Oral Hearing Information Requests - RR | PDF – 238 KB | Exhibit B-24 ICBC's responses to various requests for information during the Oral Hearing on ICBC's 2007 Revenue Requirements Application. |
| August 10, 2007 | Rate Design | ICBC Responses to Outstanding Oral Hearing Information Requests - RD | PDF – 528 KB | Exhibit B-18 ICBC's responses to various requests for information during the Oral Hearing on ICBC's Rate Design Application. |
| August 15, 2007 | Rev Req | ICBC Responses to Six Additional Oral Hearing Information Requests - RR | PDF – 351 KB | Exhibit B-25 ICBC's responses to six additional information requests outstanding after the conclusion of the Oral Hearing on ICBC's 2007 Revenue Requirements Application |
| August 15, 2007 | Rate Design | ICBC Responses to Final Outstanding Oral Hearing Information Request - RD | PDF – 68 KB | Exhibit B-19 ICBC's final response to information requests arising from the Oral Hearing on ICBC's Rate Design Application. |
| August 27, 2007 | Rate Design | ICBC’s Final Submission Rate Design Application | PDF – 107 KB | ICBC’s Final Submission for Rate Design Application to the BCUC |
| September 4, 2007 | Rev Req | ICBCs Responses to Outstanding Oral Hearing Information Requests - RR | PDF – 410 KB | Exhibit B-26 ICBC's response to the last remaining request for information during the Oral Hearing on ICBC's 2007 Revenue Requirements Application. |
| September 13, 2007 | Rev Req | ICBC Errata Rev Req 2007 September 13, 2007 | PDF – 84 KB | Letter correcting Revenue Requirements information request 2007.2 RR IBC.83.1. The cover letter lists the changes made in this errata. |
| September 14, 2007 | Rev Req | ICBC’s Final Submission Revenue Requirements Application | PDF – 142 KB | ICBC’s Final Submission for Revenue Requirements Application to the BCUC |
| September 20, 2007 | Rate Design | ICBC Final Reply Rate Design | PDF – 108 KB | ICBC's Final Reply Submission for the Rate Design Application to the BCUC |
| October 9, 2007 | Rev Req | ICBC Final Reply Revenue Requirements | PDF – 158 KB | ICBC's Final Reply Submission for the 2007 Revenue Requirements Application to the BCUC |
The above documents are in Zip and Adobe Acrobat™ (PDF) format. If you do not have Adobe Acrobat Reader™ you can find it here. Please allow for a modest delay when loading documents as some exceed 10 MB in size.
ICBC's past submissions to BCUC are available on the Commission's website at www.bcuc.com