Public case informationLast updated
ICBC Premiums Class Action Settlement
ICBC · Automobile insurance premiums · Settlement Reached
About this case
The class action alleged that ICBC unlawfully increased insurance premiums through payments to the B.C. Medical Services Plan that plaintiffs characterized as an unconstitutional tax. The matter settled for $12.2 million on behalf of drivers who paid ICBC insurance, and the settlement was approved by the B.C. Supreme Court; the funds are to be directed to charities because individual payments were considered impractical.
Case overview
- Defendant company
- ICBC
- Product or service
- Automobile insurance premiums
- Case status
- Settlement Reached
- Lawsuit type
- Consumer
- Reported harm
- Competition Pricing
Participation information
Charitable settlement distribution
The settlement covered drivers who paid for ICBC insurance during the class period, but the approved funds are being directed to charities rather than distributed individually.
- Type
- Other
- Status
- No action required
- Total settlement amount
- $12,200,000
- Payout
- The settlement funds are to be divided between Mothers Against Drunk Drivers and Parachute because individual payments were considered impractical.
- Reported proof requirement
- No