British Columbia Order in Council — Order under Insurance Corporation, s (O.C. 238/2024)

O.C. 238/2024

British Columbia — Orders in Council

PROVINCE OF BRITISH COLUMBIA ORDER OF THE LIEUTENANT GOVERNOR IN COUNCIL Order in Council No. , Approved and Ordered Lieutenant Governor Executive Council Chambers, Victoria Minister of Public Safety and Solicitor General and Deputy Premier Presiding Member of the Executive Council (This

part is for administrative purposes only and is not part of the Order.) Authority under which Order is made: Act and section: Insurance Corporation Act, R.S.B.C. 1996, c. 228, s. 47 Other: B.C. Reg. 307/2004, s. 3 (4) O10784943 page 1 with attachment (6 pages in total) On the recommendation of the undersigned, the Lieutenant Governor, by and with the advice and consent of the Executive Council, orders that approval is given to the attached government directive issued by the Minister of Public Safety and Solicitor General and Deputy Premier to the Insurance Corporation of British Columbia and dated April 30, 2024. 238 May 8, 2024

Ministry of Office of the Minister Mailing Address: Public Safety and Deputy Premier Parliament Buildings and Solicitor General Victoria BC V8V 1X4 BRITISH COLUMBIA VIA EMAIL April 30, 2024 Catherine Holt Chair Board of Directors, Executive Office Insurance Corporation of British Columbia 517-151 West Esplanade North Vancouver BC V7M 3H9 Re: Letter of Direction Application in Support of 2024 Rebate I am writing to provide direction to the Insurance Corporation of British Columbia (ICBC) to issue a 2024 rebate to Basic insurance certificate holders.

ICBC is hereby directed to apply to the British Columbia Utilities Commission (BCUC), by May 2024, for approval of the attached Tariff pages, which amend the Basic Insurance Tariff. The pages include amendments that are to be effective May 21, 2024. The attached Tariff pages will provide for ICBC to issue a 2024 rebate no earlier than May 21, 2024, to holders of an applicable Basic insurance certificate that was in effect at any time during the period beginning on February 1, 2024 and ending on February 29, 2024. The rebate will be a flat rate amount of $110 for eligible motor vehicles.

As reflected in the attached Tariff pages, the 2024 r (APV250) as follows: motor vehicles rated in vehicle rate classes: 001, 002, 003, 004, 007, 008, 009, 011, 012, 013, 014, 015, 017, 018, 040, 041, 051, 058, 101,102, 110, 111, 112, 113, 114, 120, 121, 122, 123, 140, 141, 150, 151, 160, 161, 311, 312, 313, 314, 400, 401, 402, 403, 404, 405, 406, 410, 411, 412, 413, 414, 415, 416, 420, 421, 422, 423, 424, 425, 426, 430, 431, 432, 433, 434, 435, 436, 440, 441, 442, 443, 444, 445, 446, 450, 451, 452, 453, 454, 455, 456, 460, 461, 462, 463, 464, 465, 466, 600, 601, 602, 603, 610, 611, 612, 620, 621, 622, 630, 631, 632, 640, 641, 642, 650, 651, 652, 660, 661, 662, 670, 671, 672, 680, 681, 682, 690, 691, 692, 693, 695, 800, 900, 901, 902, 903, 904, 905 and 906.

It should be recognized that unforeseen circumstances can arise that may necessitate changes to the Tariff language to ensure the original intent is achieved. /2 8, ebate will apply to all owner's certificates •

In the event that ICBC identifies, after approval of the attached amended Tariff pages, that further changes are necessary to achieve the original intent, then ICBC should bring those changes forward to the BCUC for approval.

ICBC is directed to incorporate any necessary consequential amendments to the attached Tariff pages, and other Tariff pages, for example to reflect any changes to the Tariff approved by the BCUC prior to the effective date of the attached pages.This letter of direction is a government directive within the meaning of that term as it may be defined in Special Direction IC2 to the British Columbia Utilities Commission (B.C.

Reg. 307/2004).Sincerely,Honourable Mike Farnworth Minister of Public Safety and Solicitor General and Deputy Premier Cc: Mary Sue Maloughney, Associate Deputy Minister, Crown Agencies Secretariat, Ministry of FinanceDouglas S. Scott, Deputy Solicitor General, Ministry of Public Safety and Solicitor GeneralDavid Wong, CEO, Insurance Corporation of British Columbia Toby Louie, Executive Lead, Crown Agencies Secretariat, Ministry of FinanceAnne Foy, Director of Crown Agency Policy & Legislation, Crown Agencies Secretariat, Ministry of Finance Enclosure CLIFF 664880

Insurance Corporation of British Columbia Basic Insurance Tariff Revision Effective: May 21, 2024 Amended Effective: May 21, 2024 Accepted: __________________________ Order: __________________________ Commission Secretary: __________________________ 2. F.5 2. F.6 APV 44 Vintage Motor Vehicle Certificate 2. F.7 APV 49 Unlicensed Farm Tractor Certificate 2. F.8 Licence and Certificate of Insurance (Manufacturer, Trailer Floater) 2. F.9 APV 317 Collector Multi Vehicle Licence and Certificate of Insurance 2. F.10 APV 116A Special Agreement Vehicle Licence and Certificate of Insurance 2. F.12 Limited Access Island Certificate 2. F.13

SECTION 2.F.13 IS NO LONGER IN EFFECT 2. F.14 Special Event Certificates 2. F.15 Unusual Vehicle Certificates 2. F.16 APV 40 Temporary Change of Use and/or Territory Endorsement 2. F.17 APV 383 Blanket Certificates 2. F.18 APV 434 Non-fleet Taxi Certificate 2.G. 2.G.1 2.G.2 Application of Other Basic Insurance Tariff Provisions and IVR Sections 2.H. Refunds on Cancellations 2.H.1 Refunds on Cancellations 2.H.2 Per Diem Calculations 2.I. Minimum Premiums and Minimum Retained Premiums 2.I.1 Minimum Premiums 2.I.2 Minimum Retained Premiums 2.J.

Interest on Refunds, Unpaid Premium and Service Charge for Returned Cheques 2.K. Changes, Refunds and Rebates 2.K.1 Premiums or Refunds for Changes 2.K.2 Other Refunds 2.K.3 Prorating 2.K.4

SECTION 2.K.4 IS NO LONGER IN EFFECT 2.K.5 Rebates 2.L. Recovery of Unpaid Premiums 2.M. Short Term Premium Surcharge 2.M.1 General 2.M.2 Calculation of Surcharge 2.N. Premium for Vehicles Licensed under

Section 9 of the Motor Vehicle Act 2.O. Learner Premium C N Fourteenth APV 38 Binder for Owner's Interim Certificate of Insurance Index page 2 2. F.11 Transporter's/ Demonstration/ Repairer's Licence and Certificate of Insurance Premium Payable for Driver's Certificates Premium Payable for Driver's Certificates

Insurance Corporation of British Columbia Basic Insurance Tariff Basic Insurance Premiums Page 37 Tenth Revision Effective: May 21, 2024 Amended Effective: May 21, 2024 Accepted: __________________________ Order: __________________________ Commission Secretary: __________________________ 2.K Changes, Refunds and Rebates 2.K.1 Premiums or Refunds for Changes 2.K.1.1 On reporting a change:

a) described in

section 9(2) (a) (ii) or (

b) of the IVR,

b) to listed drivers,

c) to add an unlisted driver protection premium as described in

section 2.C. of this Basic Insurance Tariff, or

d) to add a non-fleet taxi unlisted driver protection premium as described in

section 2.F.18.1 of this Basic Insurance Tariff, the person named on an owner's certificate or an additional product certificate, or in the case of a vehicle insured under Fleetplan, the fleet operator, shall pay to ICBC or, subject to

Section 3 of

Schedule Q (Short Term Certificates) of this Basic Insurance Tariff, be refunded by ICBC the difference, calculated in accordance with

Section 2.K.3 of this Basic Insurance Tariff, between the premium paid for the number of days in the term of the owner's certificate or additional product certificate that are unexpired on the day the change is reported and the premium payable as a result of the change. 2.K.1.2 Schedules A, B, C, D, G, T, X, Y, Z, AA, AB, AG and AH, Sections 2.D.6.2, 2.F. and 2.O., and the definition of base rate in

Section 1 of this Basic Insurance Tariff that are in force on the effective date of an owner's certificate, an additional product certificate or a Fleet Reporting Certificate (APV90) continue to apply to any change made in the owner's certificate or additional product certificate before it expires notwithstanding any intervening amendment to such Schedules and Sections. 2.K.2 Other Refunds 2.K.2.1 Notwithstanding

section 2.H.1 of this Basic Insurance Tariff and subject to

Section 3 of

Schedule Q (Short Term Certificates) where (

a) the person named on an owner's certificate, or (

b) in the case of a vehicle insured under Fleetplan, the fleet operator, satisfies ICBC that during the term of the certificate the vehicle described in it has, for a continuous period of 30 days or more, been in a jurisdiction other than Canada or the United States of America, ICBC may refund to the person named he case may be, that part of the premium for the owner's certificate C in the owner's certificate or the fleet operator as t

Insurance Corporation of British Columbia Basic Insurance Tariff Basic Insurance Premiums Page 38A Second Revision Effective: May 21, 2024 Amended Effective: May 21, 2024 Accepted: ___________________________ Order: __________________________ Commission Secretary: ___________________________ N 2.K.4 THIS

SECTION IS NO LONGER IN EFFECT 2.K.5 Rebates 2.K.5.1 2024 Rebate In this section: 2024 rebate period means the time period beginning on February 1, 2024 and ending on February 29, 2024.

Subject to the IVR and sections 2.K.5.1.1 and 2.K.5.1.2, the 2024 rebate of $110 is payable with 2024 rebate period, to the person named on the certificate, or in the case of a vehicle insured under Fleetplan, the fleet operator, for vehicles rated in the following vehicle rate classes: 001, 002, 003, 004, 007, 008, 009, 011, 012, 013, 014, 015, 017, 018, 040, 041, 051, 058, 101,102, 110, 111, 112, 113, 114, 120, 121, 122, 123, 140, 141, 150, 151,160, 161, 311, 312, 313, 314, 400, 401, 402, 403, 404, 405, 406, 410, 411, 412, 413, 414, 415, 416, 420, 421, 422, 423, 424, 425, 426, 430, 431, 432, 433, 434, 435, 436, 440, 441, 442, 443, 444, 445, 446, 450, 451, 452, 453, 454, 455, 456, 460, 461, 462, 463, 464, 465, 466, 600, 601, 602, 603, 610, 611, 612, 620, 621, 622, 630, 631, 632, 640, 641, 642, 650, 651, 652, 660, 661, 662, 670, 671, 672, 680, 681, 682, 690, 691, 692, 693, 695, 800, 900, 901, 902, 903, 904, 905 and 906. within the 2024 rebate period certificate for the purposes of determining the 2024 rebate. 2.K.5.1.2 No 2024 rebate is payable with respect to a trailer.

II " respect to owner's certificates (APV250) that were in effect for any period of time during 2.K.5.1.1 If an owner's certificate is renewed , the owner's certificate being renewed and the renewal certificate are considered to be a single owner's

Document details

Collection	British Columbia — Orders in Council
Citation	O.C. 238/2024
Type	order_in_council
Volume / chapter	arc oic 0238 2024
Language	en
Format	pdf
Source	PROVINCIAL
Identifier	e51cbf3fbe5891a7c641563f4c8d6ed117e78d8c

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