Insurance Bureau of Canada
| Specific Topics of Lobbying Communications | Intended Outcomes | Associated Subject Matters |
|---|---|---|
|
Advocate for consumer choice and more competition in the BC auto insurance marketplace.
Remove existing barriers to competition and create a level playing field in the BC auto insurance market by ensuring all auto insurers have real time and equal access to market data and driver claims history.
Ensure a independent regulatory oversight be established to ensure fair competition and ensure all insurers operate under the same rate regulation framework.
|
Development of any legislative proposal by the government of British Columbia, a Provincial entity or a member of the Legislative Assembly, Development, establishment, amendment or termination of any program, policy, directive or guideline of the government of British Columbia or a Provincial entity, Introduction, amendment, passage or defeat of any Bill or resolution in or before the Legislative Assembly, Development or enactment of any regulation, including the enactment of a regulation for the purposes of amending or repealing a regulation
|
Insurance
|
|
Advocate for increased earthquake preparedness and resiliency, as well as the need for a national mechanism to prevent the systemic insolvency of the financial sector following a catastrophic earthquake.
|
Development, establishment, amendment or termination of any program, policy, directive or guideline of the government of British Columbia or a Provincial entity
|
Emergency Preparedness
|
|
Advocate on current challenges in the BC strata insurance market and national commercial insurance.
Engage and work with government to improve challenges currently seen with strata corporation insurance to improve affordability.
This includes mandatory education for strata board councils, improved building codes to improve property losses and improve risk, amend depreciation report requirements to remove exemptions.
Advocate for a standard strata lot in the Strata Property Act.
Engage and work with government to improve issues in national commercial insurance market.
|
Development of any legislative proposal by the government of British Columbia, a Provincial entity or a member of the Legislative Assembly, Development or enactment of any regulation, including the enactment of a regulation for the purposes of amending or repealing a regulation, Introduction, amendment, passage or defeat of any Bill or resolution in or before the Legislative Assembly, Development, establishment, amendment or termination of any program, policy, directive or guideline of the government of British Columbia or a Provincial entity
|
Insurance
|
|
Advocate regarding the need to increase investment measures that adapt and build resiliency against a changing climate.
Engage the BC government towards updating the province's strategic adaptation strategy.
Ensure the provincial budget see further increases towards the provincial adaptation and mitigation programs to improve resiliency.
|
Development, establishment, amendment or termination of any program, policy, directive or guideline of the government of British Columbia or a Provincial entity
|
Emergency Preparedness, Environment
|
|
Determine the role and interaction of residential flood insurance in government disaster assistance programs.
|
Development, establishment, amendment or termination of any program, policy, directive or guideline of the government of British Columbia or a Provincial entity
|
Finances and Budgets
|
|
Discuss government-led changes and review to the Financial Institutions Act with focus and position with the insurance industry.
|
Development of any legislative proposal by the government of British Columbia, a Provincial entity or a member of the Legislative Assembly, Development, establishment, amendment or termination of any program, policy, directive or guideline of the government of British Columbia or a Provincial entity
|
Financial Institutions
|