SIXTH FLOOR, 900 HOWE STREET, BOX 250
VANCOUVER, B.C. V6Z 2N3 CANADA
web site: http://www.bcuc.com
IN THE MATTER OF
the Utilities Commission Act, R.S.B.C. 1996, Chapter 473, as amended
and
the Insurance Corporation Act, R.S.B.C. 1996, Chapter 228, as amended
and
An Application by the Insurance Corporation of British Columbia
for an Order Specifying the Form and Content of, and Review Process for
ICBC Universal Compulsory Automobile Insurance Revenue Requirements Applications Meeting Specified Criteria
BEFORE:
A.W.K. Anderson, Panel Chair
and Commissioner
P.E. Vivian, Commissioner
A.J. Pullman, Commissioner
O R D E R
WHEREAS:
A. On March 16, 2007 the Insurance Corporation of British Columbia (“ICBC”) submitted an application to the British
Columbia Utilities Commission (the “Commission”) for approval of the 2007 Revenue Requirements for Universal
Compulsory Automobile Insurance (“Basic Insurance”) (the “2007 RRA”). In the 2007 RRA proceeding, the topic of a
more cost‐effective regulatory regime was discussed and ICBC indicated that it was open to a discussion of alternative
approaches to the regulatory process for establishing rates for Basic Insurance; and
B. On January 9, 2008 the Commission issued its Decision regarding the 2007 RRA. The Commission noted there had been
discussions about a better, more cost‐effective regulatory process and agreed that the matter must be addressed at
some point, but stated that the future regulatory process was not in the scope of the proceedings regarding the 2007
RRA; and
C. On May 12, 2009 ICBC submitted an application to the Commission for an Order Specifying the Form and Content of,
and Review Process for, ICBC’s Universal Compulsory Automobile Insurance Revenue Requirements Applications
Meeting Specified Criteria (the “Streamlined Regulatory Process Application” or “Application”); and
D. On May 12, 2009 ICBC proposed a regulatory timetable consisting of an Information Session, a Working Session, and if
necessary a second Working Session; and
E. On May 26, 2009 the Commission issued Order G‐58‐09 setting the Regulatory Timetable: and
F. On July 7, 2009 ICBC held an Information Session and a Working Session with respect to the Streamlined Regulatory
Process Application; and
BRIT I SH COLU
MBIA
UTIL I T I ES COMM
I S S ION
ORDER
NUMBER
G‐9
9‐09
TELEPHONE: (604) 660‐4700
BC TOLL FREE: 1‐800‐663‐1385
FACSIMILE: (604) 660‐1102
September 1, 2009
…/2
BRIT I SH COLUMBIA
UTIL IT I ES COMMISS ION
ORDER
NUMBER
G‐99‐09
2
G. On July 13, 2009 ICBC held a Second Working Session with respect to the Streamlined Regulatory Process Application;
and
H. On August 14, 2009 ICBC submitted to the Commission a proposed Revised Regulatory Timetable including an expected
filing deadline for the Amended Application in mid to late September; and
I. On August 18, 2009 the Insurance Bureau of Canada (“IBC”) submitted comments on ICBC’s proposed Revised
Regulatory Timetable noting its agreement with the timetable under the assumption that IBC would be provided with
the opportunity to submit information requests (IR’s); further, the IBC requested that IR’s on the Amended Application
be submitted no earlier than October 19, 2009; and
J. The Commission has reviewed ICBC’s proposed regulatory process and considers that the establishment of a Revised
Regulatory Timetable for the Streamlined Regulatory Process Application is necessary and in the public interest.
NOW THEREFORE the Commission orders as follows:
1. ICBC will file an Amended Application with respect to the Streamlined Regulatory Process Application no later than
4:00 p.m. Friday, September 25, 2009.
2. Intervenors intending to apply for participant assistance must submit a budget estimate by Monday, September 21,
2009, consistent with the Commission’s Participant Assistance/Cost Award Guidelines and Order G‐72‐07. Copies are
available upon request or can be downloaded from the Commission’s web site at http://www.bcuc.com.
3. The Revised Regulatory Timetable includes dates for information requests, responses to information requests, letters
of comment and the reply submission, is attached as Appendix A to this Order.
DATED at the City of Vancouver, in the Province of British Columbia, this 1
st
day of September 2009.
BY ORDER
Original signed by:
A.W.K. Anderson
Panel Chair and Commissioner
Attachment
Orders/G‐99‐09_ICBC Streamlined Reg Process
REVISED REGULATORY TIMETABLE
An Application by Insurance Corporation of British Columbia
for an Order Specifying the Form and Content of, and Review Process for
ICBC Universal Compulsory Automobile Insurance Revenue Requirements Applications Meeting Specified Criteria
ACTION
Deadline for Participant Assistance Budget Estimate
ICBC Files Amended Application
Commission and Intervenor Information Request No. 1
ICBC Responses to Information Request No. 1
Intervenors Letter of Comment
ICBC Reply Submission
APPENDIX A
to Order G‐99‐09
Page 1 of 1
DATE
Monday, September 21, 2009
Friday September 25, 2009
Monday, October 19, 2009
Friday, November 13, 2009
Wednesday, November 25, 2009
Wednesday, December 2, 2009
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