The Insurance Bureau of Canada (IBC) has issued a statement that puts into question the Insurance Corporation of British Columbia’s (ICBC) capability to support a no-fault auto insurance system.
IBC’s statement comes after the provincial government of BC announced legislation that, once passed, would drop the ability for drivers to file a lawsuit against their insurer to claim on benefits.
You've reached your limit - Register for free now for unlimited access
To read the full story, and get unlimited access to Insurance Business website content, just register for free now. GET STARTED HERE
Already a website member? Log in below.