–ICBC media release, January 28 2018 ICBC has today posted a net loss of $935 million for the first nine months of our current fiscal year (April 1 to December 31, 2017). This is obviously a sizeable and significant loss, and is further … Continue reading →
At a 70s themed press conference, the Canadian Taxpayers Federation (CTF) highlighted newly analyzed data showing that drivers in British Columbia now officially pay the highest auto insurance rates in Canada. The Ernst & Young data shows that in 2016 … Continue reading →
The British Columbia government is limiting ICBC rate increases for drivers, while embarking on a multi-year plan to fix the public insurer’s financial crisis, Attorney General David Eby announced today. Eby said there will be a 6.4% basic-rate increase this … Continue reading →
According to a new survey completed by Insights West, most drivers say that driving in the province has gotten worse in the last five years–pointing at bad driving behaviours as one of the top contributors to B.C.’s road problems. Respondents … Continue reading →
ICBC is updating basic insurance to increase the accountability of drivers who cause crashes by changing how much an at-fault crash affects their basic insurance rates. This will help to alleviate the pressure on future rates paid by customers who don’t … Continue reading →
ICBC continues to fight insurance fraud in 2017, with a new education campaign to support its increased fraud prevention efforts. Following December’s news that ICBC had generated its first results from a new high-tech tool which will help identify and … Continue reading →
–SPN News According to ICBC, they have applied for a rate increase to basic insurance costs. ICBC submitted its 2016 basic rate application with the British Columbia Utilities Commission, asking for a 4.9 per cent increase to basic insurance rates. … Continue reading →
–BC Gov News The British Columbia government is committed to making changes to the modified collector vehicle program to allow specialty cars and trucks, up to and including 1974, into the program. ICBC currently has a modified collector vehicle program … Continue reading →
–ICBC.com As part of a focus on improving digital services, ICBC has launched a new online tool which allows customers to now request their driving records online and immediately receive them by email. In 2015, ICBC customers requested more than … Continue reading →
–ICBC.com ICBC urges drivers to be alert and avoid distractions this Easter long weekend With many British Columbians making a road trip with family or friends this Easter long weekend, ICBC is asking drivers to be prepared, stay focused and … Continue reading →
