Issues and Activities

Call On Insurance Corporation of British Columbia To Halt Plan To Increase Rates

Press Release

 

FOR IMMEDIATE RELEASE 

July 6, 2003

Consumers' Association Calls On Insurance Corporation of British Columbia To Halt Plan To Increase Rates

OTTAWA, July 6 /CNW/ - The Consumers' Association of Canada called on the Insurance Corporation of British Columbia to halt its plan to implement a discriminatory auto insurance rating system consumers in other provinces are rejecting. "The rating system the Insurance Corporation of BC is planning on introducing next year is the same one that has harmed consumers in other provinces," said Mr. Mel Fruitman, President of the Association.

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Consumers Will Get Less Auto Insurance Coverage and Pay More Under Nova Scotia’s New Plan

Press Release

 

FOR IMMEDIATE RELEASE 

June 26, 2003

Consumers Will Get Less Auto Insurance Coverage and Pay More Under Nova Scotia's New Plan

OTTAWA, June 26 /CNW/ - "No matter how they try to position it, the Nova Scotia Government's announced program of fixing the problem of high auto insurance rates rides on the backs of consumers by capping benefits to victims of accidents," says Mel Fruitman, President of the Consumers' Association of Canada.

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“No Frills” Auto Insurance In New Brunswick Fails To Deliver

Press Release

 

FOR IMMEDIATE RELEASE 

June 17, 2003

OTTAWA, June 17 /CNW/ - "New Brunswick's "No Frills" auto insurance fails to deliver what consumers' need", said Mr. Mel Fruitman, President of the Consumers' Association of Canada. "No Frills should be renamed the "Blame the Victim and protect the private auto insurance industry" plan.

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2001 Comparison of Automobile Insurance Rates in Five Canadian Cities

Since 1998 there has been increasing public discussion about the merits of moving from ICBC’s current monopoly over British Columbia’s basic auto insurance market towards more open competition. This interest in open competition is driven by the assumption that the vast majority of consumers would pay much lower auto insurance rates if BC’s existing public auto insurance system was fundamentally changed. It was this assumption that led the CAC(BC) in 1999 and again in 2001 to conduct a rate survey comparing insurance rates in five urban cities across Canada.

click here for full report

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