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Insurance Corporation of British Columbia
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The Insurance Corporation of British Columbia (ICBC) is a provincial Crown corporation established in 1973 by the Government of British Columbia. Its primary mandate is to provide universal and basic auto insurance for all B.C. motorists. In addition to its core insurance services, ICBC is also responsible for driver licensing, vehicle registration, and various road safety initiatives aimed at reducing crashes, injuries, and fatalities on the province's roads. As the sole provider of basic auto insurance in B.C., it operates under a public insurance model designed to keep rates affordable and stable for residents.
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