Courtrooms and lawyers' offices in Alberta are set to become less busy next year, when changes to the province's auto insurance market take effect.
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 ...
Auto insurers in Alberta paid out significantly more in claims and expenses than they collected in premiums last year, underscoring growing strain in the province’s insurance market, and raising fresh ...
Fallout from Alberta’s 2024 rate cap continues reverberate across Canada’s auto insurance sector, as seen in Definity’s new earnings report ...
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. Wali Hassan, a 21 ...
Add Yahoo as a preferred source to see more of our stories on Google. Alberta is overhauling auto insurance. Starting Jan. 1, 2027, the province moves to a no-fault, “care-first” system, promising ...
Automobile Insurance Rate Board says Alberta drivers paid $1,800 in annual premiums in 2025. The province says it will move to a no-fault model to help drivers.
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, ...
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 ...