The justification for the NDP on raising rates was the BC Liberals took too much money from ICBC and it was very mismanaged.  In order for the government to get a dividend from ICBC - it must have been running some sort of a surplus (premiums > payouts).  The audited financials statements up until 2015 clearly don't reflect mismanagement.  But I do agree with most readers that there are room for improvements - certainly making the claims process fairer, charging fairer premiums according to driver risk profile would be a start.  Also, I think folks at the very least in the Lower Mainland have been driving more expensive vehicles/SUVs in the last couple of years due to low interest rates - repairing these are costlier than in the past too (average repair bills have gone up vis a vis years past) - caught ICBC off guard.  ICBC needs to be a little more precise on rate increases instead of using a average blend rate across the board - doesn't seem very fair.  BC NDP is all about fair!