Poll: ICBC - who's to blame?
Castanet - Jan 31, 2018 / 8:00 pm | Story: 217723
Photo: Contributed
The cost of collision repairs in B.C. has gone up 30 per cent in two years – but the industry says it's not to blame.
Ken McCormack, president and CEO of the Automotive Retailers Association, made that argument Wednesday, responding to news that ICBC’s deficit now sits at $1.3 billion.
On Sunday, an ICBC press release said the “sizable and significant” deficit is in part due to a dramatic increase in the number and cost of collisions.
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