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ICBC Rate Increases

/ 97.3 The Eagle
              Attorney General David Eby says the previous B-C government is to blame for the fact that drivers will see their insurance rates go up. Eby says I-C-B-C is asking the provincial utilities commission to hike basic rates by 6.4 per cent this year, due to losses last year of more than 500 million dollars. He says the previous Liberal government had a cavalier and reckless attitude toward the public auto insurer’s finances. He says the N-D-P government plans to hold an audit of I-C-B-C’s operations and launch a number of initiatives aimed at reducing collisions.

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