No surprises here

Insurance Corporation of B.C. raises rates yet again

ICBC has lost over a couple hundred million in their investment portfolio.

Unfortunately, they will never admit it and we will never know just how this shortfall contributed to them whining about increasing our rates.

I would venture a guess that it did play significantly into their decision to go public with the increase.

No surprises here.

Wayne Dwernychuk

 

Parksville