Public Insurance

• Massive ICBC profits not expected to go back to customers for now

  The public insurer's CEO, Nicolas Jimenez, said the significant financial rebound will allow the company to replenish its capital shortfall.

  Money

  Mar 3, 2022
  
• MPI says claim costs down 27 per cent in first three months of 2021

  Manitoba's public insurer says claim costs were down 27.3 per cent, or $89.4 million, in the first quarter of 2021 compared to the year before.

  Consumer

  Sep 25, 2021
  
• Advertisement
• ICBC customers set to receive an average rebate of $190 for COVID-19 related savings

  ICBC customers will receive a one-time rebate averaging $190 this spring. Drivers will receive a cheque for each policy, which is expected to arrived in March.

  Economy

  Feb 2, 2021
• Advertisement
• 2nd round of MPI rebate cheques in the mail

  The second round of Manitoba Public Insurance rebate cheques are in the mail. You should allow four weeks for it to arrive to your home.

  Jan 6, 2021
• No ICBC rebate yet despite lower crash rate, as COVID-19 impacts remain unclear

  Its finances are incredibly volatile because of a lower crash rate, a loss in investments and a large number of insurance cancellations, David Eby said.

  Economy

  May 14, 2020
• ICBC moves to phone and email insurance renewals amid coronavirus

  British Columbians will be able to renew their vehicle insurance by phone or online during the coronavirus pandemic.

  Health

  Mar 18, 2020
• ICBCs move to no-fault style insurance could be especially harmful to cyclists: lawyer

  A lawyer says the new system would prevent crash victims from seeking appropriate compensation beyond medical coverage, with income loss protection in particular getting capped.

  Feb 9, 2020
• B.C. government creates ICBC ‘Fairness Office’ in effort to restore trust in public insurer

  The provincial government will be beefing up an Insurance Corporation of British Columbia 'fairness office' in order to provide additional information and an opportunity for customers to make complaints.

  Politics

  Jan 29, 2020
• Advertisement
• New report finds British Columbians still pay more for car insurance than Albertans

  Even after massive changes at ICBC, British Columbians are still paying more for car insurance than Albertans according to a new report. 

  Politics

  Jan 28, 2020
• Advertisement
• Private insurance companies say B.C. drivers aren’t being informed of optional choices

  With financial pressures building at ICBC, private companies are more optimistic they can compete with the public insurer.

  Nov 1, 2019