29-01-2018 04:57 via vancouversun.com

'This is not sustainable:' ICBC projects $1.3-billion operating loss

Fallout is mounting over the Insurance Corp. of B.C.’s grim financial situation that could translate to large insurance-premium hikes for B.C. drivers unless “immediate action” is taken. 
Attorney-General David Eby is expected to hold a news conference Monday to address steps the NDP government plans to take to stem the hemorrhaging, with a $1.3-billion operating loss projected by the end of the fiscal year March 1. 
The public auto-insurer confirmed its “sizabl
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