Insurance Corporation of British Columbia challenged over injury payouts, disputes resolution - News Summed Up

Insurance Corporation of British Columbia challenged over injury payouts, disputes resolution


VANCOUVER—A legal battle is shaping up in British Columbia with the trial lawyers association promising to fight a move by the government-run auto insurer to overhaul claims payments and how it resolves disputes. Effective immediately, the Insurance Corporation of British Columbia has set a $5,500 cap on pain and suffering payments for minor injuries, which the Crown corporation describes as payments “recognizing the inconvenience and emotional distress of being in a crash.”B.C. Attorney-General David Eby referred to ICBC as a “financial dumpster fire,” saying that word of the constitutional challenge was not unexpected. ( David P. Ball / StarMetro )The corporation is also sending all disagreements about how minor injuries are determined, or disputes about any injury claim below $50,000 to a civil resolution tribunal. Attorney General David Eby said Friday that word of the constitutional challenge was not unexpected.


Source: thestar April 01, 2019 14:26 UTC



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