The province of British Columbia has directed the Insurance Corporation of British Columbia’s (ICBC) board to commission a comprehensive, independent third-party review to look at a range of options and make recommendations that will “keep insurance rates affordable and align…
British Columbia’s Ministry of Transportation and Infrastructure announced on Friday that it will use a heavy-lift helicopter to clear cables on the Alex Fraser bridge of ice and snow. Over the past couple of weeks, chunks of ice were reported…
The Insurance Corporation of British Columbia (ICBC) has discovered 3,300 possible fraud alerts on open claims over the last three years following a review with a new analytics tool. ICBC reported on Thursday that it has signed a five-year agreement…
British Columbia’s Ministry of Transportation and Infrastructure is advising drivers in Metro Vancouver that “work is well underway” to prepare the Alex Fraser and Port Mann bridges for a snowfall expected later Thursday. On Tuesday, the Canadian Press reported that…
The government of British Columbia announced on Wednesday that it will no longer insure the high-end luxury car rate class – cars worth $150,000 and over – “so that the broader ratepayer is not subsidizing these cars.” The owners of…
It is too early to gauge the exact financial impact, on insurers, of Ontario auto changes that took effect this past June, and in the meantime, the mandated 15% rate reduction announced three years ago is still affecting loss ratios,…
The Insurance Corporation of British Columbia (ICBC) has launched a pedestrian safety campaign with the provincial government and police to urge pedestrians and drivers to stay safe as “crashes involving pedestrians spike at this time of year.” On average, 59…
The Insurance Corporation of British Columbia (ICBC) announced on Thursday that it will submit its 2016 basic rate application to the British Columbia Utilities Commission, asking for a 4.9% increase to basic insurance rates – lower than last year’s 5.5%…
A British Columbia court recently found several individuals jointly liable for damages caused to vehicles, insured by Insurance Corporation of B.C., during riots in Vancouver in June, 2011, but the court declined to award punitive damages. On June 15, 2011,…
British Columbia’s government-run auto insurer is reminding motorcycle riders to ensure their helmets display proper labels and warning vehicle operators that motorcycle turn signals can be hard to see. If a motorcycle rider “shoulder checks or the motorcycle leans, the…
Canada’s highest court will not hear an appeal from Insurance Corporation of British Columbia, which was ordered to indemnify the estate of a passenger who caused an accident by grabbing the steering wheel of a vehicle. The Supreme Court of…