Alberta’s rate cap is deepening financial losses in the province's auto insurance market, industry experts say, as a new ...
Auto Insurers Paid Out 18% More Than Collected, Losing $1.2B in 2024, according to government report
Alberta’s Superintendent of Insurance expects losses to worsen due to ongoing rate cap EDMONTON, AB, Jan. 9, 2026 /CNW/ – A ...
The report notes insurers lost more than $1.2 billion on the sale of auto insurance in 2024, paying out more in claims and ...
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 ...
Learn why your auto insurance rates are high and discover actionable tips to reduce your costs. Improve driving habits, shop ...
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