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 ...
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Insurers taking losses due to Alberta auto rate cap: Insurance Bureau of Canada

The Insurance Bureau of Canada says recently released Alberta government figures show rate caps are "deepening the financial ...
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Bell: Will Premier Smith cave to auto insurers and hit Albertans with a $400 premium hike?

It’s an idea that should be squashed like a bug. Let me explain. Right now there is a rate cap for good drivers in Alberta. If you’re a good driver your auto insurance premiums cannot be hiked by more ...
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IBC urges government to act as auto theft claims costs soar in Alberta

The cost of auto theft has spiked dramatically in Alberta over the past three years, according to data from Insurance Bureau of Canada. The national trade association representing insurers said auto ...