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 ...

Alberta’s rate cap is deepening financial losses in the province's auto insurance market, industry experts say, as a new report found auto insurers lost more than $1.2 billion in 2024.

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.

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 ...

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 ...

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

A new report finds auto insurers in Alberta are paying out more than they’re collecting. This is concerning to the Insurance Bureau of Canada, which wonders how it could affect drivers’ premiums in ...

Add Yahoo as a preferred source to see more of our stories on Google. Insurance companies in Alberta lost more than $1 billion in auto insurance sales in 2024, according to a new report from the ...