Newly released data from Insurance Bureau of Canada (IBC) shows that auto theft rates in Alberta continue to soar well above ...
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.
In a recent op-ed, a lobbyist for Alberta’s multibillion-dollar auto insurance industry admits that the UCP government’s so-called “ Care-First ” no-fault insurance scheme might not reduce our ...
Last weekend’s United Conservative Party of Alberta (UCP) annual general meeting heard a resolution to repeal the province’s upcoming auto insurance reform, set to take effect Jan. 1, 2027. The policy ...
The Insurance Bureau of Canada claims the cost of auto theft has risen by 85 per cent in Edmonton and 73 per cent in Calgary ...
EDMONTON - The Insurance Bureau of Canada says recently released Alberta government figures show rate caps are “deepening the financial crisis” for auto insurers in the province. The 2024 annual ...
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 ...
The total cost of auto theft claims in Alberta during the first half of 2025 was 76 per cent higher than during the same period in 2021, according to new data released Monday by the Insurance Bureau ...
A new report by the Montreal Economic Institute (MEI) finds that auto insurance rate caps are doing more harm in the long-term than good. (Credit: Larry Wong) Alberta has capped auto insurance rates ...
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