WHEREAS the Union of BC Municipalities passed a resolution at its 2014 meeting requesting the Province of British Columbia to immediately request ICBC to offer house insurance to BC residents to ensure a competitive option and recommended referral of the same to the insurance industry to address: Therefore be it resolved that if the Insurance Corporation of BC and the Insurance Bureau of Canada do not provide constructive solutions and significant relief with respect to the insurance issues facing rural BC homeowners by the end of August 2015, that UBCM formally request the Municipal Insurance Association of BC to investigate the actuarial viability and feasibility of providing home insurance to BC residents with a report back to the UBCM meeting in 2016.
