Icbc No Fault Insurance
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B.C. attorney general stands by ICBC’s no-fault model, says it’s workingNiki Sharma said ICBC has been able to give rebates for three years in a row, but was not able to say if, or when, rates might come down.PoliticsJan 27
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ICBC CEO stands by no-fault model, says it keeps rates stable, provides rebatesIn B.C.'s latest quarterly financial report, ICBC was forecast to contribute $295 million to the province's revenue, but actually contributed $695 million.EconomyJan 26
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Young drivers struggling with ICBC rates, despite rates being among lowest in CanadaDespite all three provinces operating under a no-fault model, young drivers in B.C. often pay significantly more for auto insurance than they would in Manitoba and Saskatchewan.ConsumerDec 14, 2022
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B.C. government set to request car insurance rate freeze for the next two yearsICBC is filing an application with the British Columbia Utilities Commission (BCUC) for no increase to basic insurance rates for the next two years.PoliticsDec 12, 2022
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B.C.’s vehicle insurance rates now among cheapest in nation: reportA report conducted by Ernst and Young on behalf of ICBC compared driver profiles and their vehicles across nine provinces, and surprisingly, B.C. had some of the best rates.CanadaDec 8, 2022
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After hit-and-run, B.C. woman in wheelchair claims ICBC is granting her the ‘bare minimum’Since her June 10 accident, which resulted in 28 broken bones, Dawn McKenzie has required physiotherapy, personal support, homecare services, help with dog-walking, and more.ConsumerDec 6, 2022
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B.C. senior injured in stolen-car crash feels left behind by ICBC’s no-fault insuranceIn a statement to Global News, ICBC said the organization is doing everything it can to support Colpitts and make sure he is able to access the care available to him.CanadaNov 16, 2022
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‘Ignored and neglected’: B.C. father speaks out after five-year-old critically injured in crashAll of a sudden, Cemil said he heard the crunch of two cars colliding in the intersection. He and his five-year-old daughter had no time to move out of the way.CanadaAug 19, 2022
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Tragic car accident case highlights ‘gaps’ in ICBC’s no-fault policy, lawyer saysCaleb Reimer, Ronin Sharma and Parker Magnuson were between the ages of 16 and 17 when their car slammed into a tree last August. Speed and alcohol were factors in the collision.CrimeAug 5, 2022
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B.C. man paralyzed by crash launches legal challenge against ICBC’s no-fault insuranceThe 67-year-old says the system, which prevents victims like himself from suing for compensation and limits their benefits to lump sums, is further impacting his quality of life.CanadaJul 5, 2022
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