Alberta’s rate cap is deepening financial losses in the province's auto insurance market, industry experts say, as a new ...

Alberta's auto insurers lost more than $1 billion in the province in 2024, as IBC points to the impact of the province's ongoing rate cap.

CNW/ - A newly released government report shows that Alberta's rate cap is deepening the financial crisis in Alberta's auto insurance market. In its ...

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 ...

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, ...

CALGARY, Alberta, April 04, 2024 (GLOBE NEWSWIRE) -- As the Alberta government considers further auto insurance reforms, a poll released by advocacy coalition Fair Alberta Insurance Regulations (FAIR ...

Growing strain in the province’s insurance market is raising fresh questions about what drivers could face next ...

The report notes insurers lost more than $1.2 billion on the sale of auto insurance in 2024, paying out more in claims and ...

The Insurance Bureau of Canada says recently released Alberta government figures show rate caps are "deepening the financial ...

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.

Last weekend’s United Conservative Party of Alberta (UCP) annual general meeting heard a resolution to repeal the province’s upcoming auto insurance reform, set to take effect Jan. 1, 2027. The policy ...

The Alberta Civil Trial Lawyers Association (ACTLA) sent out a release objecting to the proposed care-first auto insurance or ...