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

A victory year for Barriere Blooms

Barriere was blooming this summer. Despite the COVID-19 pandemic, residents and businesses… Continue reading

District of Barriere Utilities Manager reports to council on Barriere wells

District of Barriere Utilities Manager Ian Crosson presented a verbal report during… Continue reading

NDP calls snap election, Milobar running for re-election

B.C. Premier John Horgan announced on Monday that he will officially terminate… Continue reading

Citing stability, B.C. Premier calls snap election for Oct. 24

John Horgan meets with Lieutenant Governor to request vote

Williams Lake First Nation inks historic cannabis deal with B.C. government

The agreement paves the way for WLFN to sell cannabis to the government, and open stores across B.C.

B.C. reports 96 new COVID-19 cases, one hospital outbreak

61 people in hospital as summer ends with election

BC Liberals must change gears from election cynicism, focus on the issues: UBC professors

COVID-19 response and recovery is likely to dominate platforms

B.C. could be without a new leader for multiple weeks after Election Day: officials

More than 20K mail-in voting packages were requested within a day of B.C. election being called

Vancouver Island sailor stranded in U.S. hospital after suffering massive stroke at sea

Oak Bay man was attempting to circumnavigate the world solo

Majority needed to pass COVID-19 budget, B.C. premier says

John Horgan pushes urgent care centres in first campaign stop

Join Black Press Media and Do Some Good

Pay it Forward program supports local businesses in their community giving

Public health officials urge Canadians to limit contacts again as COVID-19 cases rise

Canada has committed $1 billion to buy at least 154 million doses of vaccines from five different companies

Vancouver Island family overwhelmed with 14 Lab puppies

Litter may be one of the biggest ever

Most Read