Government Directs ICBC To Delay To Basic Rate Application

Darpan News Desk, 13 Dec, 2019 10:35 PM

The Provincial Government has provided direction that ICBC's basic rate application to the British Columbia Utilities Commission (BCUC) be delayed.

Normally, ICBC would submit our annual basic rate application to the BCUC by December 15.

However, this year government, working with ICBC, is closely considering options in light of the recent B.C. Supreme Court decision on limiting the number of adversarial experts and expert reports in court and so our application is being delayed until February 2020.

The delay to February 2020 allows for further financial analysis to take place. In the meantime, we are committed to working alongside government to ensure the cost of auto insurance in British Columbia is more affordable.

Prev Next

MORE National ARTICLES

Few Incentives In Spending-Heavy B.C. Budget, Global Downturn Worries Business

VICTORIA — British Columbia's budget pays too little attention to the potential impacts of a slowing global economy and a shifting housing market, business leaders say.

Few Incentives In Spending-Heavy B.C. Budget, Global Downturn Worries Business

Proposed Edible Pot Rules Are Wasteful, Would Leave Products Tasteless: Critics

Canada's proposed edible pot regulations would result in tasteless products wrapped in wasteful packaging, shutting out medical patients and fuelling a continued black market, critics say

Proposed Edible Pot Rules Are Wasteful, Would Leave Products Tasteless: Critics

Man Arrested, Charged In String Of Four Bank Robberies Over Four Hours In Surrey

Richard Orr, 24, Is Charged With Four Counts Of Robbery And Remains In Custody Following The Four-Hour Spree On Feb. 12.

Man Arrested, Charged In String Of Four Bank Robberies Over Four Hours In Surrey

Alcohol Policies Fizzle For Canadian Governments As Harms Overflow: Reports

VICTORIA — Two new studies say the federal and provincial governments must do more to reduce alcohol consumption after determining damages from drinking have surpassed tobacco use.

Alcohol Policies Fizzle For Canadian Governments As Harms Overflow: Reports

B.C. Review Board Says Man Allan Schoenborn Who Killed Kids A Threat, But Outings To Be Mulled

Schoenborn, who's now 50 years old, has been held at the Forensic Psychiatric Hospital since before a 2010 court decision that found him not criminally responsible for killing his daughter and two sons.