ORDER NUMBER
G-37-17
IN THE MATTER OF
the Utilities Commission Act, RSBC 1996, Chapter 473
and
the Insurance Corporation Act, R.S.B.C. 1996, Chapter 228, as amended
and
Insurance Corporation of British Columbia
Basic Insurance Tariff Amendments Application
BEFORE:
D. M. Morton, Commissioner
D. J. Enns, Commissioner
H. G. Harowitz, Commissioner
M. Kresivo, Commissioner
B. A. Magnan, Commissioner
R. I. Mason, Commissioner
R. D. Revel, Commissioner
on March 16, 2017
ORDER
WHEREAS:
A. On February 24, 2017, the Insurance Corporation of British Columbia (ICBC) filed an Application (Application) with the British Columbia Utilities Commission (Commission) regarding the APV 44 Vintage Motor Vehicle Certificate transitioning into the new Policy Administration System (PAS). ICBC applies to amend the Basic Insurance Tariff (Tariff), Schedule T, pages 14 to 15A, effective March 26, 2017;
B. In the Application, ICBC also applies to amend Schedule V: Minimum and Retained Premiums for Additional Product Certificates, page 1, subsection (d) of the Tariff, effective March 26, 2017, to reflect that the APV 38 Binder for Owner’s Interim Certificate of Insurance has not yet transitioned into the new PAS;
C. By Orders G-102-14, G-127-15, G-121-16, and G-140-16, the Commission approved Tariff amendments related to the implementation of ICBC’s new PAS; and
D. The Commission reviewed ICBC’s Application and considers its approval is warranted.
NOW THEREFORE the British Columbia Utilities Commission approves the Application to amend the Basic Insurance Tariff related to the APV 44 Vintage Motor Vehicle Certificate and the APV 38 Binder for Owner’s Interim Certificate of Insurance, effective March 26, 2017.
DATED at the City of Vancouver, in the Province of British Columbia, this 17th day of March 2017.
BY ORDER
Original signed by:
D. M. Morton
Commissioner