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

Just Posted

Mayor Taylor to ask Grand Forks council to develop Bare Ass Beach

Taylor says making the beach more accessible to public will discourage future trespassers

Grand Forks demonstrators call for sustainable logging across the Boundary

Protest was one of many across British Columbia Friday, Sept.17

Grand Forks residents suing province, logging companies on behalf of 2018 flood victims

Lawsuit alleges B.C’s forest ministry and logging companies contributed significantly to devastating freshet

Two men killed in Hwy 3 collision west of Castlegar

The single-vehicle incident happened Thursday morning

March to protect old growth, stop industrial logging coming to B.C. Legislature

Organizers say they want to give frontline communities a bigger say in nearby logging

Grand Forks demonstrators call for sustainable logging across the Boundary

Protest was one of many across British Columbia Friday, Sept.17

Supreme Court Justice Ruth Bader Ginsburg dies at 87

The court’s second female justice, died Friday at her home in Washington

Emaciated grizzly found dead on central B.C. coast as low salmon count sparks concern

Grizzly was found on Gwa’sala-‘Nakwaxda’xw territory in Smith Inlet, 60K north of Port Hardy

VIDEO: B.C. to launch mouth-rinse COVID-19 test for kids

Test involves swishing and gargling saline in mouth and no deep-nasal swab

Is it time to start thinking about greener ways to package cannabis?

Packaging suppliers are still figuring eco-friendly and affordable packaging options that fit the mandates of Cannabis Regulations

Young Canadians have curtailed vaping during pandemic, survey finds

The survey funded by Heart & Stroke also found the decrease in vaping frequency is most notable in British Columbia and Ontario

B.C. teachers file Labour Relations Board application over COVID-19 classroom concerns

The application comes as B.C.’s second week of the new school year comes to a close

CHARTS: Beyond Metro Vancouver, COVID-19 cases in B.C. haven’t increased much recently

COVID-19 case counts outside of Metro Vancouver have been level since July

70-year-old punched in the head in dispute over disability parking space in Nanaimo

Senior’s turban knocked off in incident at mall parking lot

Most Read