News & Views

Public policy issues affecting the P&C insurance brokerage industry in B.C.
Updated Oct 09

New Insurance Act introduced
IBABC members are pleased that Bill 6, the Insurance Amendment Act, was tabled in the Legislature Sept. 15.
More>>

Credit scoring
B.C. has no restrictions on the emerging practice of using credit scores as a tool for rating and risk acceptance.
More>>

Insurance Act
IBABC has urged government to reintroduce Bill 40 at its earliest opportunity.
More>>
           
Health Care Recovery Costs Act
Bill 22 in essence injects the government into every dispute.
More>>

Vicarious liability of rental cars
IBABC has urged government to adopt the same definition of lessor as Alberta uses
More>>

Bank Act
The Bank Act keeps insurance separate from other financial products. 
More>>

Do Not Call List now in effect
New compliance requirements for people who make unsolicited calls to people at home.
More>>

For information on any of the above: Trudy Lancelyn, IBABC, 604-606-8008, or click here.