ICBC retreats from stiffer fees to punish risky drivers

Rethink must be 'reasonable', not charge more for one ticket

ICBC plans to cut 350 jobs over three years and change how it rewards and punishes drivers on the basis of risk.

ICBC has withdrawn its plan to make drivers with speeding tickets or other recent traffic violations pay more in order to give those with a clean record deeper discounts.

Public Safety Minister Shirley Bond said she ordered the public auto insurer to “go back to the drawing board and rethink the options” for major reforms to the rate structure.

She said any hike in premiums from a single speeding ticket – which ICBC intended – is “not reasonable” but left the door open for changes based on driving records, rather than just at-fault claims.

ICBC president and CEO Jon Schubert said the corporation didn’t adequately communicate the planned changes.

“We apologize for the concern this caused,” he said. “We’re going to take a step back and rethink the options for a reasonable way to share risk, and we’ll do a much better job of gathering public input.”

Province-wide consultations are promised on a range of options.

ICBC had said it intended to make drivers pay more for insurance if they have any traffic tickets within the previous three years.

That was expected to raise the costs for 30 per cent of drivers, while about two-thirds would pay less.

Details weren’t provided but were to be tabled with the B.C. Utilities Commission this summer. The changes, if approved, were to take effect in 2014.

There is no timetable yet for the insurance corporation to unveil possible revised options, nor dates set for expected public meetings.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

District of Lake Country looks to reduce proposed 2020 property tax hike

Updated financial plan suggests reducing tax increase by 0.3 per cent

Canadian Air Force joins Okanagan rescue of missing Kelowna snowmobiler

The teen had been missing since just after 6 p.m. on Monday

City of Kelowna signs UNHCR statement of solidarity with refugees

The #WithRefugees campaign invites cities working to promote inclusion and support refugees

Aquilini Group addresses heating complaints at SOPA Square in Kelowna

Some store owners have been without heat at development for up to a month

Kelowna remains eighth most expensive rental market in Canada

The rates for one and two bedroom units in Kelowna remained the same

VIDEO: 7 things you need to know about the 2020 B.C. budget

Surplus of $227 million with big spending on infrastructure and capital projects

New highway proposed between Alberta and B.C.

The route would connect Red Deer to Kamloops

What’s in a name? The story of Revelstoke’s Mt. Begbie

It’s likely the iconic peak had several Indigenous peoples’ names before settlers arrived

Budget 2020: B.C. Liberals blast ‘Netflix tax,’ lack of economic plan

ICBC rates still go up, except in election year, Shirley Bond says

Town of Osoyoos voices support for proposed casino

Osoyoos council voted to submit a letter of support for a proposed casino on OIB land

Two law enforcement trucks ‘deliberately’ set on fire in northern B.C., RCMP say

Police say they have video evidence of a person in the area of the truck fires

Nanaimo man wins lotto, plans to buy $16,000 fridge

Curtis Wright a winner in Lotto 6/49 draw

Three protesters arrested after blocking driveway at premier’s home

Protestors claimed they would make a citizen’s arrest of the Premier, according to West Shore RCMP

Community mourns Revelstoke snowmobiler death

Alexandre Labonté was an avid sledder and mountain biker

Most Read