ICBC legislation could solve financial crisis, says minister
VICTORIA — B.C.’s attorney general says caps on minor injury claims and a push to an out-of-court dispute resolution could save the Insurance Corp. of B.C. from its financial crisis, though legislation he proposed Monday offered only a vague roadmap for achieving such a goal.
David Eby said the legislation, if passed, would set a $5,500 cap on pain and suffering claims for B.C. motorists in minor crashes. It would redirect insurance disputes worth less than $50,000 away from expensiv
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