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Industrial and Commercial Bank of China, the world’s biggest commercial lender by assets, announced on Wednesday the launch of an 80 billion yuan ($11.04 billion) technology and innovation fund to support the private economy. The new fund aims to support “hard technology” via equity investment, referring to areas such as semiconductors and advanced manufacturing over…
A number of physiotherapists and other health-care providers in B.C. are sounding the alarm about working with ICBC. The issues arose due to ICBC’s Health Care Services Terms, which allow qualifying health care services to bill ICBC directly for services provided to individuals. Some health care providers say they are considering opting out of the…
A retired firefighter who suffered significant injuries after being hit by a car while cycling says due to the Insurance Corporation of British Columbia’s (ICBC) no-fault insurance system, he’s not getting the care he needs. On May 16, 2023, Wakefield was hit by a vehicle while riding his ebike in Vernon, B.C., leaving him with…
A judge has denied three people compensation from ICBC following a hit-and-run case due to their lack of effort to try and locate the offending driver. According to the ruling, around 4 a.m. on Feb. 3, 2019, a stolen GMC Sonoma pick-up truck, speeding up Sussex Avenue in Burnaby, ran a stop sign and t-boned…
