Splitting the Cheque: Riskier drivers set to receive most in ICBC rebate program
Victoria, British Columbia – In a further development to the drama surrounding ICBC’s pandemic savings and it’s promise for rebates, Liberal critics to the NDP government are worried that those most deserving of the savings may miss out on a bulk of the money, according to the rebate model unveiled earlier this month. In a […]
Cheque please, no tip: ICBC says $190 rebate cheques coming in March
Victoria, British Columbia – Meeting its promise to return a portion of the $600 million in savings accrued during the pandemic, the Insurance Corporation of British Columbia (ICBC) has announced that drivers in the province will have rebate cheques in their pockets come March. All customers who had a policy with ICBC from April to […]
Chopping Block: ICBC approved for 15 percent auto rates cut
Victoria, British Columbia – Drivers in British Columbia could finally get some of the financial reprieve they have been asking for now that the BC Utilities Commission has approved a 15 percent cut to the crown insurance corporation’s basic insurance rates, effective May 1, 2021. The BC government has promised to drop the rates of […]
REGIONAL NEWS | BRITISH COLUMBIA
REVVED UP AT ELECTRAMECCANICA Canadian electric-vehicle startup ElectraMeccanica says it will open six U.S. retail outlets before the end of November. The stores will open in the following cities: San Diego, California; Santa Clara, California; Walnut Creek, California; Brea, California; Scottsdale Arizona, and Glendale, Arizona. ElectraMeccanica says the Scottsdale store will be a seasonal one. […]
B.C. introduces a legislation to eliminate gas emissions by 2040
By CRM staff Toronto, Ontario – April 11, 2019 – Last week, a report was released stating that Canada’s climate was warming at twice the rate of the rest of the world, and that to prevent environmental catastrophe, human behaviour has to change. The British Columbia government is taking steps towards making a sustainable future with […]
Acid spill results in more than 4,400 claims with more coming in
By CRM staff Toronto, Ontario – April 9, 2019 – One year after the sulphuric acid spill that trailed through a highway in British Columbia and insurers are still dealing with claims. Teck Trail Operations sells sulphuric acid to International Raw Materials (IRM), which contracts with a transportation provider to transport the acid. Sulphuric acid […]
IBC pacific vice president agrees — B.C. needs private insurance
By CRM staff Toronto, Ontario – January 31, 2019 – British Columbia has the highest premiums in the country, and it is only going to get worse. Vice president of the Insurance Bureau of Canada (IBC) for the Pacific region Aaron Sutherland strongly agrees that a private sector of auto insurance would decrease prices for […]
ICBC increases auto insurance rates by 6.3 percent
By CRM staff Toronto, Ontario — December 17, 2018 — Drivers in British Columbia are going to experience another increase in auto insurance premiums as the Insurance Corporation of British Columbia (ICBC) announced a 6.3 percent hike – working out to be about $60 extra each year for the average plan. “Today’s rate increase is […]
Introducing Canada’s first luxury car subscription service
By CRM staff Toronto, Ontario — November 30, 2018 — Have you ever wanted to drive around in different luxury vehicles each month? Thanks to a new Canadian subscription service app, you can do just that. British Columbia’s largest automotive dealership group, the OpenRoad Auto Group, launched its own Portfolio app, Canada’s first all-inclusive luxury car […]
British Columbia’s ride share conundrum
By CRM Staff Toronto, Ontario — November 22, 2018 — The British Columbia government has introduced legislator that will allow for ride-sharing companies to enter the province. Unfortunately for the province, users won’t be able to take advantage of the product for another year. B.C.’s public insurer, ICBC, currently doesn’t offer an auto insurance product […]
