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pastarocket · 02-02-2021, 12:33 PM

Money from ICBC.

https://www.citynews1130.com/2021/02...ebate-cheques/

VANCOUVER (NEWS 1130) – ICBC is giving out one-time rebate cheques averaging about $190 to people who had car insurance last year.

“This will affect all of those who had policies between April 1 and Sept. 30 last year,” said Premier John Horgan.

Horgan says the public insurer has about $600 million in savings, due to fewer crashes leading to lower claim costs. The province says a higher-than-expected income was “partly offset” by decreased revenue due to lapsed and cancelled policies.

Horgan says the “cheques will be in the mail soon,” but you won’t see them for several weeks.

“The cheques won’t be issued until the beginning to the mid of March,” Horgan said. “But we wanted to make absolutely sure that we were keeping ICBC on sound financial footing, as we build the new, enhanced care model that we’ve been working on for the past three years.”

02-02-2021, 12:33 PM	#878
pastarocket Willing to sell body for a few minutes on RS Join Date: Feb 2010 Location: Vancouver Posts: 10,687 Thanked 4,484 Times in 2,232 Posts Failed 699 Times in 223 Posts Member's Picture Albums	Money from ICBC. https://www.citynews1130.com/2021/02...ebate-cheques/ VANCOUVER (NEWS 1130) – ICBC is giving out one-time rebate cheques averaging about $190 to people who had car insurance last year. “This will affect all of those who had policies between April 1 and Sept. 30 last year,” said Premier John Horgan. Horgan says the public insurer has about $600 million in savings, due to fewer crashes leading to lower claim costs. The province says a higher-than-expected income was “partly offset” by decreased revenue due to lapsed and cancelled policies. Horgan says the “cheques will be in the mail soon,” but you won’t see them for several weeks. “The cheques won’t be issued until the beginning to the mid of March,” Horgan said. “But we wanted to make absolutely sure that we were keeping ICBC on sound financial footing, as we build the new, enhanced care model that we’ve been working on for the past three years.” __________________ Go Canucks go!