Discovery Economic Consulting

11/20/2021

There some serious concerns about new ICBC scheme

09/29/2020

After 36 years with our office located in the heart of downtown Victoria, we have moved out. Our new mailing address is 2836 Inez Drive, Victoria, V9A 2J1. We are looking forward to serving all of our clients as we have been since the pandemic began and welcome the new challenges we are all facing with positivity and faith that we will come out the other side better and stronger than ever. Our phone number and email addresses remain the same.

02/18/2020

An economist takes a deep dive into the consequences of the NDP government's proposal for "care-based" auto insurance.

05/21/2019

Premier John Horgan and B.C. Green Party Leader Andrew Weaver should hang their heads in shame over the ICBC cap on so called “minor injuries.” The table is not just slanted in favour of ICBC, but . . .

05/17/2019

“Eby’s role as attorney general is to protect the individual rights of British Columbians. But he continues to constrain the legal rights of injured British Columbians to contain costs for IC…

05/03/2019

BIV's lawsuit of the week

04/26/2019

Some more details about ICBC changes. This is a path that does not help the most vulnerable.

From April 1, 2019 onward BC crash victims have had their rights drastically reduced. One of the key rights stripped from British Columbians is the ability to go to Court. If ICBC is treating you unreasonably and you turn to the Courts for resolution ICBC can steer you away from the judiciary and fo...

03/18/2019

"government is restricting claims by limiting the amounts that can be recovered and how such claims can be presented in court. Clearly, this will be an advantage to ICBC and those who cause the damage." - Rob Wickson

Problems at ICBC are just the tip of the iceberg for understanding the troubles with our transportation system. With so many things to complain about, I wonder if there is some underlying barrier . . .

11/04/2016

Our business is primarily about providing mathematical models to resolve personal injury claims. With the advent of self driving technology, we can see many changes coming. After 32 years of watching injury claims increase it will be good to see safety becoming a priority.

Will self-driving cars kill the insurance industry?