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 ...

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

According to the Superintendent’s 2024 annual report, property and casualty insurers selling auto in Alberta paid out roughly ...

Auto insurers operating in Alberta lost about $1.2 billion in 2024 after paying out significantly more in claims and ...

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.

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, ...

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

I am an accident reconstruction engineer that has been reconstructing accidents since 1999. Many Albertans are unaware of the ...

Under Alberta’s incoming Care-first auto insurance model, which goes into effect on Jan. 1, 2027, insurers and brokers can expect to operate under a “dual system” for a while as the final claims from ...

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