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

District looking for public input on cycling plan

Survey is open to the public until May 25

A second wave of COVID-19 is probable, if history tells us anything

B.C.’s top doctor says that what health officials have learned this round will guide response in future

Flooding highly unlikely this year throughout Skeena watershed

Region’s snowpack among lowest in the province

Cameras and convoys: Graduation in the age of COVID-19

Schools in Terrace and Kitimat are thinking outside the box to give students a graduation ceremony

LIVE: Procession to honour Snowbirds Capt. Jennifer Casey comes to Halifax

Snowbirds service member died in a crash in Kamloops one week ago

One man dead after standoff with Chilliwack RCMP

The Independent Investigations Office of B.C. is investigating the RCMP’s role in the death

B.C. employers worry about safety, cash flow, second wave in COVID-19 restart

A survey found 75 per cent of businesses worry about attracting customers

Ex-BC Greens leader Andrew Weaver says province came close to early election

Disagreement centred on the LNG Canada project in northern B.C.

Canada’s NHL teams offer options to season-ticket holders

Canadian teams are offering refunds, but also are pushing a number of incentives to let them keep the money

Introducing the West Coast Traveller: A voyage of the mind

Top armchair travel content for Alaska, Yukon, BC, Alberta, Washington, Oregon and California!

B.C. premier says lessons to learn from past racism during response to pandemic

B.C. formally apologized in the legislature chamber in 2008 for its role in the Komagata Maru tragedy

Snowbirds to remain at Kamloops Airport indefinitely after fatal crash

small contingent of the Snowbirds team is staying in Kamloops, acting as stewards of the jets

Oak Bay man stumbles upon eagle hunting seal, grabs camera just in time

The eagle did ‘a perfect butterfly stroke to shore’ with its prey, photographer says

Most Read