Since 2017, Alberta insurers have faced multiple rate interventions. The government imposed a 5% rate cap between 2017 and 2019, followed by a full rate freeze in 2023, a 3.7% “good driver” rate cap ...
Albertans pay among the highest premiums for auto insurance in Canada and the provincial government has said the changes would shave off up to $400 per year of those costs. IBC has said rising legal ...
Alberta’s auto insurers collectively lost $1.2 billion in 2024, with a majority of the province’s auto insurers reporting financial losses, according to the latest annual report from the province’s ...
High vehicle repair costs, more claims and vehicle theft will drive pressure on auto insurance premiums in Alberta and Ontario.
Growing strain in the province’s insurance market is raising fresh questions about what drivers could face next ...
This crowd must have a full closet of crying towels. They sure go through a lot of them.
In the past three years, Alberta has introduced various reforms to reduce the cost of automobile insurance. Despite these efforts, premiums have climbed steadily and now averages roughly $1,835 per ...
Alberta is overhauling auto insurance. Starting Jan. 1, 2027, the province moves to a no-fault, “care-first” system, ...
The Alberta Civil Trial Lawyers Association (ACTLA) sent out a release objecting to the proposed care-first auto insurance or other no-fault models or reforms requiring those with serious, ...
The Applied Rating Index for Q4 2025 showed average premiums for personal auto lines rose 14.4% compared with the same period ...
I am an accident reconstruction engineer that has been reconstructing accidents since 1999. Many Albertans are unaware of the government’s proposed auto insurance changes that are coming Jan. 1, 2027.