Lawyers, ICBC collide over switch to no-fault insurance - BC News castanet.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from castanet.net Daily Mail and Mail on Sunday newspapers.
Government officials and ICBC blame B.C.’s legal profession for the Crown corporation’s escalating costs and annual deficits. The government says it needed to make changes that essentially remove lawyers and the courts from the dispute-settlement process for drivers injured in car crashes. But lawyers and insurance-industry advocates argue that those changes will reduce policy-holders’ rights and unfairly strengthen ICBC’s monopoly over B.C.’s auto insurance market. Enhanced care B.C. Attorney General David Eby announced ICBC’s switch to enhanced care in February 2020, outlining a plan to cut $1.5 billion in costs (mostly legal fees for defending the government against lawsuits from injured motorists seeking greater compensation).