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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 ...
Alberta’s rate cap is deepening financial losses in the province's auto insurance market, industry experts say, as a new ...
EDMONTON, Alberta, Oct. 22, 2025 (GLOBE NEWSWIRE) -- The Alberta government has released draft regulations for its proposed no-fault auto insurance system, and FAIR Alberta has found they include what ...
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.
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 ...
Auto insurers operating in Alberta lost about $1.2 billion in 2024 after paying out significantly more in claims and ...
The Alberta Civil Trial Lawyers Association (ACTLA) sent out a release objecting to the proposed care-first auto insurance or ...
A small, blue car figure beside a car key in front of a car agent reviewing contracts. Drivers shopping for car insurance in 2026 are facing a wide spread in both price and experience. Insure.com’s ...
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