Your wallet is about to take the hit! ICBC will submit its next basic rate application with the British Columbia Utilities Commission later today, asking for a 6.3 per cent increase to basic insurance rates – an increase which would have needed to be almost 40 per cent if not for the major reforms being introduced to B.C.'s auto insurance system.

 

Guest: Nicolas Jimenez

President and CEO of ICBC

Your wallet is about to take the hit! ICBC will submit its next basic rate application with the British Columbia Utilities Commission later today, asking for a 6.3 per cent increase to basic insurance rates – an increase which would have needed to be almost 40 per cent if not for the major reforms being introduced to B.C.'s auto insurance system.


 


Guest: Nicolas Jimenez


President and CEO of ICBC