MoveUP, the union representing over 12,000 members at public and private sector companies in British Columbia including workers at ICBC, has issued the following statement regarding changes announced by ICBC.
On January 29, 2018, the provincial government acknowledged that the previous regime left ICBC with a projected loss of $1.3 billion by the end of the fiscal year. Today’s announcement introduced changes to deal with the financial mess left at ICBC. “The financial mess left by the previous government has put ICBC at risk. We are pleased to see ICBC taking rapid action to further stabilize ICBC,” said David Black, President of MoveUP. “These changes will mean most British Columbians will pay less ICBC automobile insurance rates and those who are high risk and cause most of the accidents pay more.”
“Our members take their jobs very seriously and they know they are entrusted with British Columbians’ hard-earned money,” said Annette Toth, Vice-President of MoveUP. “They want to get back to doing what they were hired to do; repair vehicles quickly and efficiently and ensure people injured in crashes are taken care of. Our members know that public auto insurance is still the best option for B.C. These changes will get ICBC back to its roots, caring for people.”