Newspaper article The Canadian Press

BC Audio 6:45 PM ET

Newspaper article The Canadian Press

BC Audio 6:45 PM ET

Article excerpt

BC Audio 6:45 PM ET

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BC06 -(ICBC-Rates)

VICTORIA. x-08s. Auto insurance rates for many drivers in B-C are about to go up. The province has directed the B-C Utilities Commission to approve a 4.9 per cent rate increase on basic insurance for I-C-B-C. Transport Minister Todd Stone says annually increases of nearly 5 per cent is too high for most people to afford.

("... make ends meet.") (SOURCE: The Canadian Press)

TAG: Despite a review of I-C-B-C in 2012, Stone says the government is commissioning a new review with the goal to find ways to lower the amount rates are increasing each year while ensuring the corporation is sustainable.

BC05 -(ICBC-Rates)

VICTORIA. x-11s. Many drivers in B-C can expect their basic insurance rate to increase 4. …

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