It's time consumers in the province got a price break by getting rid of the Insurance Board which regulates what you pay to insure you vehicle.So says Chris Collins, the consumer affairs critic for the Provincial Liberals who tells CHSJ News the Energy and Utilities Board would do a better job than the Insurance Board which he charges is looking out for the interests of the insurance companies.
He argues the Insurance Board is made up of political appointees who don't have the necessary expertise.
He also points out the New Brunswick Court of Appeals has been scathing in its criticism of the Insurance Board when it wouldn't or couldn't provide a rationale for its approvals of rate hikes.
