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Road & Safety News

NDP enacts changes to ICBC designed to save $1 billion per year - Kamloops This Week

Road Safety & Rules News and Events - Tue, 02/06/2018 - 13:00

Kamloops This Week

NDP enacts changes to ICBC designed to save $1 billion per year
Kamloops This Week
Beginning in April 2019, ICBC will limit minor injury claims made for pain and suffering to $5,500 — the same type of claims that have ballooned from an average of $5,000 in 2000 to more than $16,000 in 2016. KTW file photo. Changes expected to save ...

Google News
Categories: Road & Safety News

Eby says capping minor injury pain and suffering claims will save ICBC over $1 billion per year - Energeticcity.ca (blog)

Road Safety & Rules News and Events - Tue, 02/06/2018 - 12:43

Energeticcity.ca (blog)

Eby says capping minor injury pain and suffering claims will save ICBC over $1 billion per year
Energeticcity.ca (blog)
“For too long, difficult decisions have been put off and growing financial problems at ICBC hidden from the public,” said Eby. “The changes we're initiating today will reduce ICBC's claims costs by more than $1 billion every year, helping make it ...

Categories: Road & Safety News

ICBC to cap pain and suffering payouts to stem car insurance losses - Merritt Herald

Road Safety & Rules News and Events - Tue, 02/06/2018 - 12:08

Merritt Herald

ICBC to cap pain and suffering payouts to stem car insurance losses
Merritt Herald
The Insurance Corporation of B.C. is placing a $5,500 limit on payouts for pain and suffering, while increasing the maximum payout for people killed or seriously injured in vehicle accidents. To stem the losses from rising accident rates and an 80 per ...

Google News
Categories: Road & Safety News

Province announces ICBC changes it claims will save $1B a year - CFJC Today Kamloops

Road Safety & Rules News and Events - Tue, 02/06/2018 - 11:46

CFJC Today Kamloops

Province announces ICBC changes it claims will save $1B a year
CFJC Today Kamloops
The province says "these changes will reduce the amount ICBC spends on legal fees and expenses, which have grown to consume 24 per cent of ICBC's budget" and claim they "will restore ICBC to financial sustainability." Eby did not announce ICBC rates ...

Categories: Road & Safety News

Province announces ICBC changes it claims will save $1B a year - CFJC Today Kamloops

Road Safety & Rules News and Events - Tue, 02/06/2018 - 11:46

Province announces ICBC changes it claims will save $1B a year
CFJC Today Kamloops
The province says "these changes will reduce the amount ICBC spends on legal fees and expenses, which have grown to consume 24 per cent of ICBC's budget" and claim they "will restore ICBC to financial sustainability." Eby did not announce ICBC rates ...

Categories: Road & Safety News

Province announces changes to ICBC, including cap on minor injury payouts - News1130

Road Safety & Rules News and Events - Tue, 02/06/2018 - 11:44

Province announces changes to ICBC, including cap on minor injury payouts
News1130
“Without today's announced reforms, ICBC will never have the money to increase these miserly benefits without dramatic increases on insurance rates. These enhanced accident benefits will be available for all injury claims, which means any British ...
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'Star Wars': 'Game of Thrones' Creators to Write New Series – VarietyVariety
'Star Wars' TV Series: Disney Developing "a Few" for Its Streaming ServiceHollywood Reporter

all 139 news articles »
Categories: Road & Safety News

BC government to announce ICBC changes after insurer predicts $1.3B in losses - CBC.ca

Road Safety & Rules News and Events - Tue, 02/06/2018 - 09:02

CBC.ca

BC government to announce ICBC changes after insurer predicts $1.3B in losses
CBC.ca
Attorney General David Eby, ICBC chairwoman Joy MacPhail to speak in Victoria today. CBC News Posted: Feb 06, 2018 9:00 AM PT Last Updated: Feb 06, 2018 9:00 AM PT. B.C. Attorney General David Eby is set to speak in Victoria on Tuesday morning as the ...
Changes announced today to ICBC in wake of "dumpster fire"CFJC Today Kamloops

all 3 news articles »
Categories: Road & Safety News

Canadian Taxpayers Federation offers up solution to ICBC 'dumpster fire' - News1130

Road Safety & Rules News and Events - Mon, 02/05/2018 - 19:49

News1130

Canadian Taxpayers Federation offers up solution to ICBC 'dumpster fire'
News1130
VANCOUVER (NEWS 1130) – As Attorney General David Eby gets ready to speak on how the NDP plans to stop the financial bleeding at ICBC tomorrow, we're hearing from one organization that claims to have a solution. ICBC had announced it expected to lose ...

Categories: Road & Safety News

New BC Liberal leader not worried about ICBC mess - CTV News

Road Safety & Rules News and Events - Mon, 02/05/2018 - 18:31

CTV News

New BC Liberal leader not worried about ICBC mess
CTV News
The new leader of the BC Liberals says he's not worried about an ICBC fiasco that has everyone pointing fingers about who's to blame. Minutes after Andrew Wilkinson celebrated his leadership victory Saturday, putting the NDP Government on notice. "My ...
Wilkinson's victory was much closer than it appearedVancouver Courier
Les Leyne: Wilkinson's victory was much closer than it appearedTimes Colonist
Andrew Wilkinson named new leader of BC LiberalsGlobalnews.ca
BCLocalNews -Business in Vancouver -Voiceonline.com
all 183 news articles »
Categories: Road & Safety News

Bracebridge OPP on road safety, domestic violence and sexting - www.muskokaregion.com/

Road Safety & Rules News and Events - Mon, 02/05/2018 - 14:19

www.muskokaregion.com/

Bracebridge OPP on road safety, domestic violence and sexting
www.muskokaregion.com/
Challenges that lie ahead in 2018 include improving road safety, the growing trend of sexting in high schools, and the legalization of marijuana. “Our community safety officers spend a significant amount of time in our schools on the topic of sexting ...

Categories: Road & Safety News

From dashcams to slowing down: 5 ideas for fixing ICBC - MetroNews Canada

Road Safety & Rules News and Events - Mon, 02/05/2018 - 13:15

MetroNews Canada

From dashcams to slowing down: 5 ideas for fixing ICBC
MetroNews Canada
With ICBC reporting a potential $1.3 billion deficit, experts and advocates across the province are suggesting ways the public car insurance company can innovate and scale back on its spending. Attorney General David Eby has said he wants to ICBC to ...
Poll: What do you think of BC's new distracted driving penalties?BCBusiness

all 4 news articles »
Categories: Road & Safety News

The reasons behind ICBC's 'financial dumpster fire' - Vancouver Courier

Road Safety & Rules News and Events - Mon, 02/05/2018 - 11:53

Vancouver Courier

The reasons behind ICBC's 'financial dumpster fire'
Vancouver Courier
According to data from ICBC and Transport Canada, there have been approximately 20,000 additional crashes per year in the province since 2013. Between 2013 and 2016 there was a 23 per cent increase in the number of collisions. This increase comes ...

and more »
Categories: Road & Safety News

ICBC reacts to report detailing its shortfalls - Insurance Business

Road Safety & Rules News and Events - Mon, 02/05/2018 - 05:58

Insurance Business

ICBC reacts to report detailing its shortfalls
Insurance Business
ICBC reacts to report detailing its shortfalls On the heels of the Insurance Corporation of British Columbia's (ICBC) $935 million net loss for the recent fiscal year, the Insurance Bureau of Canada (IBC) has released a damning report on the reforms ...

Google News
Categories: Road & Safety News

Does the Alberta experience hold lessons for ICBC reforms? - Vancouver Sun

Road Safety & Rules News and Events - Sun, 02/04/2018 - 14:33

Vancouver Sun

Does the Alberta experience hold lessons for ICBC reforms?
Vancouver Sun
By contrast in B.C., 51 per cent of injury claimants hire a lawyer to extract a settlement from B.C.'s public insurer, according to ICBC board chair Joy MacPhail. “A quarter of these claims already have a lawyer involved before they are reported to ...

Categories: Road & Safety News

Comment: Action urgently needed on ICBC - Times Colonist

Road Safety & Rules News and Events - Sun, 02/04/2018 - 02:50

Times Colonist

Comment: Action urgently needed on ICBC
Times Colonist
The EY report offers several mitigation suggestions. They include increasing the effectiveness of B.C.'s road-safety approach by charging high-risk drivers significantly more. It also suggests lower capital-reserve levels for ICBC. But the main ...

Categories: Road & Safety News

In the Crosshairs: ICBC mess not the fault of bodyshops – BC ARA - Collision Repair Magazine

Road Safety & Rules News and Events - Sat, 02/03/2018 - 09:26

In the Crosshairs: ICBC mess not the fault of bodyshops – BC ARA
Collision Repair Magazine
Vancouver, B.C. -- February 5, 2018 -- Provincial Automotive Retailer Association president Adam Grossman has struck back against reports that questionable bodyshop billings had lead to the ICBC's $1.3 billion loss last year. Despite the fact that the ...

Categories: Road & Safety News

Photo radar: one possible idea to help stop ICBC's financial woes - News1130

Road Safety & Rules News and Events - Sat, 02/03/2018 - 08:29

News1130

Photo radar: one possible idea to help stop ICBC's financial woes
News1130
“Our projected net loss for our full 12-month, fiscal year (ending Mar. 31, 2018) now stands at almost $1.3 billion,” said ICBC in a statement. It went on to say, the current trend is not sustainable as net claim costs for the first nine months of the ...
Justin Timberlake - Man of the Woods (Official Video)YouTube

all 1,309 news articles »
Categories: Road & Safety News

Photo radar: one possible idea to help stop ICBC's financial woes - News1130

Road Safety & Rules News and Events - Sat, 02/03/2018 - 08:29

News1130

Photo radar: one possible idea to help stop ICBC's financial woes
News1130
“Our projected net loss for our full 12-month, fiscal year (ending Mar. 31, 2018) now stands at almost $1.3 billion,” said ICBC in a statement. It went on to say, the current trend is not sustainable as net claim costs for the first nine months of the ...

and more »
Categories: Road & Safety News

Editorial: Fixing ICBC is now NDP's burden - Vancouver Sun

Road Safety & Rules News and Events - Fri, 02/02/2018 - 20:00

Editorial: Fixing ICBC is now NDP's burden
Vancouver Sun
Nearly a quarter of ICBC's costs in 2016 were legal bills. Other measures may include an aggressive attack on distracted driving, more red-light cameras to catch and fine offenders, a crackdown on body shops to prevent over-billing and an effort to ...

Categories: Road & Safety News

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