Alberta’s rate cap is deepening financial losses in the province's auto insurance market, industry experts say, as a new ...

CNW/ - A newly released government report shows that Alberta's rate cap is deepening the financial crisis in Alberta's auto ...

Alberta's auto insurers lost more than $1 billion in the province in 2024, as IBC points to the impact of the province's ...

According to the Superintendent’s 2024 annual report, property and casualty insurers selling auto in Alberta paid out roughly ...

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, ...

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 ...

Insurance companies want a cap on how much they can increase premiums in Alberta, which could see a $400 increase per year. It is a 7.5 percent increase in 2026. Surprise, surprise. Not. The insurance ...

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 ...

The Insurance Bureau of Canada says recently released Alberta government figures show rate caps are "deepening the financial ...

Cumis General Insurance announced on Tuesday it plans to exit Alberta's automobile insurance market. (David Bell/CBC - image credit) Another auto insurer revealed plans to exit the Alberta market this ...

(MENAFN- News Direct) > How much would you pay to insure your vehicle? Would you pay $3,000, $4,000 even $5,000 per year? What about $7,000? For one Edmonton resident, that question isn't rhetorical.

Another auto insurer revealed plans to exit the Alberta market this week, with CUMIS General Insurance announcing its coming departure in 2026. CUMIS, which is a subsidiary of Co-operators General ...