“ICBI, the International Council on Biblical Inerrancy, is a coalition of individuals who represent many works and denominations but who are together taking a united stand on God’s inerrant Word.
What is ICBI’s Purpose?
Our purpose is to take a united stand in elucidating, vindicating and applying the truth of biblical inerrancy as an integral element of the authority of Scripture. This will be done in both academic theology and practical Christian instruction.
Why is ICBI Necessary?
The authority and accuracy of the Bible are foundations of the Christian faith. Yet we are witnessing the erosion of these foundations. As we have observed the preaching in many local churches, the teaching in some seminaries and much popular Christian literature, we sense that sizeable numbers of evangelical believers are being turned away from the Bible as their final authority in matters of Christian doctrine and Christian living.”

I was first introduced to the ICBI through the ministry of Dr. R. C. Sproul. This Council produced three statements containing Articles of Affirmation and Denial, (what evangelicals do and do not believe) concerning Biblical Inerrancy, Biblical Hermeneutics and Biblical Application. For some reason the link above does not contain the statement on Hermeneutics, so you may find that statement by checking out the Origins website.