FILE – British Columbia Attorney General David Eby looks on during a news conference in Vancouver on Friday, May 24, 2019. THE CANADIAN PRESS/Darryl Dyck

‘British Columbians are paying too much’: Eby directs ICBC to delay rate application

Attorney General David Eby calls for delay in order to see how two reforms play out

The B.C. government is putting the brakes on further increases to car insurance rates – for now.

Attorney General David Eby said in a statement issued Thursday that the government has directed ICBC to delay its annual application to change its rates until February.

“Instead, we will wait until that work is complete to ensure any rate changes are based on the actual costs anticipated in the year ahead,” Eby said.

The BC Utilities Commission, which must approve any rate changes, granted a 6.3-per-cent increase to basic insurance in April.

ALSO READ: There were 96,000 crashes in B.C. parking lots in 2018, ICBC says

The province is expected to roll out two sets of reforms in early 2020 to reverse the auto insurer’s financial woes.

That includes responding to a recent court decision that struck down the government’s move to limit expert witnesses in personal injury lawsuits and improving the tort system that dictates compensation for minor injuries.

ALSO READ: Is ICBC adding staff and increasing salaries? No, David Eby says


@ashwadhwani
ashley.wadhwani@bpdigital.ca

Like us on Facebook and follow us on Twitter.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Comments are closed

Just Posted

Military police training in Comox Valley

Latest quarterly session for training is July 6-8

Solar, seismic work among Comox Valley school district requests

District also wants to get a new roof on top of Mark R. Isfeld Secondary

Proposed affordable housing, commercial space for Palace Place in downtown Courtenay

Plans are in place to proceed with a 39-unit, four-story mixed-use building

Comox Valley school board wants consultation before ferry cuts

Province provides some funding for discretionary sailings over summer

Comox Valley RCMP member hit in head with wood

Incident was part of a busy Canada Day for local police

13 new B.C. COVID-19 cases, Langley Lodge outbreak ends

Health care outbreaks down to four, 162 cases active

Two injured hikers airlifted from North Vancouver Island Park

Campbell River and Comox Search and Rescue hoist team rescued the injured from Cape Scott Provincial Park

MP asks Minister of Transport for review of safe crew levels on new ferries

The new ferries were approved to run with smaller crew sizes, raising safety concerns

Alberta health minister orders review into response after noose found in hospital in 2016

A piece of rope tied into a noose was found taped to the door of an operating room at the Grande Prairie Hospital in 2016

B.C.’s major rivers surge, sparking flood warnings

A persistent low pressure system over Alberta has led to several days of heavy rain

B.C.’s Indigenous rights law faces 2020 implementation deadline

Pipeline projects carry on as B.C. works on UN goals

‘Mind boggling’: B.C. man $1 million richer after winning Lotto 6/49 a second time

David O’Brien hopes to use his winnings to travel and of course keep playing the lottery

B.C. teacher loses licence after sexual relationships with two recently-graduated students

The teacher won’t be allowed to apply for a teaching certificate until 2035

Most Read