$400 million hit for ICBC as NDP scrambles to deal with court ruling on expert reports
Mornings with Simi
English - October 25, 2019 19:16 - 25 minutes - ★★★★★ - 1 ratingBusiness News News Society & Culture Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
A court judgment released Thursday by B.C. Supreme Court Chief Justice Christopher Hinkson ruled that the government limits on expert reports was unconstitutional because it violated the exclusive powers of a court's control over its processes.
The NDP government is now scrambling to deal with the ramifications of a court ruling that struck down a key part of its auto insurance reforms and could blow a hole in the provincial budget.
A cap set by Attorney General David Eby on the number of expert reports allowed in auto insurance lawsuits was unconstitutional because it violated the exclusive powers of a court to control its own processes.
The immediate effect was an approximately $400 million financial hit for ICBC that Finance Minister Carole James has warned could swamp her thin $179-million projected budget surplus.
David Eby will be my guest after the 12:30 news. But first, I’m joined by the leader of the BC Liberals, Andrew Wilkinson.
Guest: Andrew Wilkinson
Leader, BC Liberals
Guest: David Eby
Attorney General of British Columbia
A court judgment released Thursday by B.C. Supreme Court Chief Justice Christopher Hinkson ruled that the government limits on expert reports was unconstitutional because it violated the exclusive powers of a court's control over its processes.
The NDP government is now scrambling to deal with the ramifications of a court ruling that struck down a key part of its auto insurance reforms and could blow a hole in the provincial budget.
A cap set by Attorney General David Eby on the number of expert reports allowed in auto insurance lawsuits was unconstitutional because it violated the exclusive powers of a court to control its own processes.
The immediate effect was an approximately $400 million financial hit for ICBC that Finance Minister Carole James has warned could swamp her thin $179-million projected budget surplus.
David Eby will be my guest after the 12:30 news. But first, I’m joined by the leader of the BC Liberals, Andrew Wilkinson.
Guest: Andrew Wilkinson
Leader, BC Liberals
Guest: David Eby
Attorney General of British Columbia