The British Columbia government has introduced legislation that will attempt to restore the finances of the public auto insurance agency. Attorney General David Eby had promised changes to the Insurance Corporation of British Columbia as it faced a forecasted deficit of $1.3 billion. The proposed changes introduced Monday in the legislature include a limit of $5,500 for pain and suffering on minor injury claims and faster resolutions of disputes. "The core pieces are to get minor injury disputes out of the B.C. The government says the changes are necessary to help address the massive growth in the cost of injury claims, which jumped 80 per cent between 2009 and 2016.
Source: CBC News April 23, 2018 22:58 UTC