ORDER NUMBER
G-225-24
IN THE MATTER OF
the Utilities Commission Act, RSBC 1996, Chapter 473
and
the Insurance Corporation Act, RSBC 1996, Chapter 228, as amended
and
Insurance Corporation of British Columbia
Blanket Certificate for the Motion Picture Industry
BEFORE:
B. A. Magnan, Commissioner
on August 20, 2024
ORDER
WHEREAS:
A. On June 26, 2024, the Insurance Corporation of British Columbia (ICBC) filed an application with the British Columbia Utilities Commission (BCUC) for approval of a Blanket Certificate for the Motion Picture Industry (Application), in accordance with Order in Council (OIC) No. 352 approved and ordered on June 18, 2024;
B. In accordance with the amendments to the Insurance (Vehicle) Regulation made by OIC No. 352/24, the Motion Picture Rental (MPR) blanket certificate may be issued to persons producing motion picture productions who, for use in motion picture productions, rent vehicles for periods as specified within the regulation;
C. In the Application, ICBC states that the MPR blanket certificate is a non-mandatory Basic insurance product that provides coverage for rented vehicles used during production activities;
D. By Order G-188-24 dated July 12, 2024, the BCUC established a regulatory timetable for the review of the Application, which included public notice, supplemental information by ICBC, and letters of comment. The BCUC received no letters of comment by the deadline as set out in the regulatory timetable;
E. The BCUC’s jurisdiction with respect to the regulation of ICBC’s Basic insurance is set out by the Insurance Corporation Act and Special Direction IC2 to the BCUC, BC Regulation 307/2004 as amended. The BCUC does not regulate ICBC’s Optional insurance business; and
F. The BCUC has reviewed the Application and associated documents filed in the proceeding and finds that the following determinations are warranted.
NOW THEREFORE the BCUC orders as follows:
1. The amendments to the Basic insurance tariff as set out in Appendix A of the Application are approved, effective September 30, 2024.
2. ICBC is directed to file an evaluation report of the MPR blanket certificate by September 29, 2028.
DATED at the City of Vancouver, in the Province of British Columbia, this 20th day of August 2024.
BY ORDER
Original signed by:
B. A. Magnan
Commissioner