Alberta's auto insurance regulator is concerned about auto insurer profitability in the wake of the province's 3.7% rate cap.
“Overall, in 2023 Alberta’s automobile insurance operational result deteriorated by nine points from approximately 88 to 97%, ...
Alberta's auto insurance market continues to deteriorate, according to the government regulator that oversees the province's insurance companies.
On October 10, 2024, the Alberta Superintendent of Insurance issued Interpretation Bulletin 05-2024 (“Bulletin”) on the insurance regulatory ...
Over the past five and a half years (a period commencing with the election of the Jason Kenney-led United Conservative Party ...
Unelected bureaucrats in Finance Minister Nate Horner’s department are eager to persuade UCP MLAs to adopt a no-fault auto ...
Definity Financial Corporation president and chief executive Rowan Saunders anticipates Canada’s personal property lines ...
Albertans take well-deserved pride in seeing their province as a stronghold of free-market enterprise. They recognize that ...
Another public consultation? Skepticism grows as Alberta launches survey on auto insurance According to Mintz, caps on insurance premiums actually lead to higher prices in the long term ...
The report by Calgary economist Jack Mintz for the Insurance Bureau of Canada states that Alberta’s price controls on auto insurance — such as the rate cap and Alberta’s Grid system ...