Alberta’s rate cap is deepening financial losses in the province's auto insurance market, industry experts say, as a new ...
Auto Insurers Paid Out 18% More Than Collected, Losing $1.2B in 2024, according to government report
CNW/ - A newly released government report shows that Alberta's rate cap is deepening the financial crisis in Alberta's auto ...
Alberta's auto insurers lost more than $1 billion in the province in 2024, as IBC points to the impact of the province's ...
Edmonton Journal on MSN
Alberta's auto insurance premium caps doing more harm than good: report
Alberta has capped auto insurance rates at 7.5 per cent for good drivers in 2026, with a new system set to come in 2027.
The Alberta Civil Trial Lawyers Association (ACTLA) sent out a release objecting to the proposed care-first auto insurance or ...
According to the Superintendent’s 2024 annual report, property and casualty insurers selling auto in Alberta paid out roughly ...
Edmonton Journal on MSNOpinion
Opinion: Alberta's Care-first gives too much power to insurance firms
I am an accident reconstruction engineer that has been reconstructing accidents since 1999. Many Albertans are unaware of the ...
On December 19, 2024, the Alberta Superintendent of Insurance published a revised version of Bulletin 05-2024 (“Superintendent’s Bulletin”) on the treatment of motor vehicle warranty contracts, ...
The Insurance Bureau of Canada says recently released Alberta government figures show rate caps are "deepening the financial ...
Under Alberta’s Insurance Act, products that meet the definition of “insurance” must be underwritten by a licenced insurer and may only be sold by a licenced agent (which includes a business, such as ...
The Alberta Civil Trial Lawyers Association (ACTLA) acknowledges the pressures on Alberta's insurance market but rejects the Insurance Bureau of Canada's (IBC) self-serving efforts to blame litigation ...
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