Money Canada (English) on MSN
Alberta’s auto insurance cap is squeezing insurers — and more drivers are feeling it, too
Growing strain in the province’s insurance market is raising fresh questions about what drivers could face next ...
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.
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.
The Alberta Civil Trial Lawyers Association (ACTLA) sent out a release objecting to the proposed care-first auto insurance or ...
The Insurance Bureau of Canada says recently released Alberta government figures show rate caps are "deepening the financial ...
The Alberta Civil Trial Lawyers Association (ACTLA) has questioned the Insurance Bureau of Canada 's (IBC) claims that ...
The report notes insurers lost more than $1.2 billion on the sale of auto insurance in 2024, paying out more in claims and ...
According to the Superintendent’s 2024 annual report, property and casualty insurers selling auto in Alberta paid out roughly 18% more in claims and expenses than they collected in premiums, for a ...
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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 insurance market. In its ...
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