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Wednesday, April 27, 2011

NDP Charges Auto Insurance In Province Is Broken

Scathing criticism from the NDP about how insurance rates are regulated in the province in light of revelations that drivers have been overcharged to the tune of hundreds of millions of dollars...... More than 500 million dollars by one company alone.

Provincial NDP leader Dominic Cardy tells CHSJ News the Energy and Utilities Board should be given the job of regulating what you pay. The E-U-B already regulates what you pay for gas.

As for getting any rebates from the insurance companies, Cardy cautions you not to hold your breath.

Cardy says the New Brunswick Insurance Board has failed to do its job and should be shut down.

He would eventually like to see the province have a public auto insurance system like the one that operates in Manitoba.