LANGLEY, B.C. — The ever-changing Insurance Corp. of B.C. (ICBC) took some time to meet with a B.C. Trucking Association (BCTA) delegation on Oct. 1 to discuss their concerns.
ICBC chair, Nick Geer, was presented with the member surveys on ICBC distributed to BCTA members.
They revealed that 60 per cent of respondents voluntarily use ICBC for all their insurance needs, while 60 per cent feel ICBC should have competition from private insurance companies. However, 80 per cent of respondents do not want ICBC to be dismantled altogether.
Geer insisted that, contrary to widespread media reports, ICBC will not undergo radical changes overnight, as a very thoughtful and thorough review is underway. In fact, he says that the results of a report by the ICBC board of directors won’t be made public until January of 2002.
However, changes continue to take place within the ranks of the government-run insurer. The most recent change was the surprise retirement of Thom Thompson, the corporation’s president and chief executive officer, who will step down at the end of the month.
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