CALGARY — Courtrooms and lawyers' offices in Alberta are set to become less busy next year, when changes to the province's ...

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 ...

Alberta is overhauling auto insurance. Starting Jan. 1, 2027, the province moves to a no-fault, “care-first” system, promising faster medical and income support, and fewer court battles after ...

Alberta drivers are facing another jump in auto insurance premiums as they await the arrival of policy changes and promised cost savings of a planned move to a no-fault private model. The Automobile ...

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 ...

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 ...

Alberta’s rate cap is deepening financial losses in the province's auto insurance market, industry experts say, as a new report found auto insurers lost more than $1.2 billion in 2024. The latest ...

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 ...

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 ...

Add Yahoo as a preferred source to see more of our stories on Google. Insurance companies in Alberta lost more than $1 billion in auto insurance sales in 2024, according to a new report from the ...

Newly released data from Insurance Bureau of Canada (IBC) shows that auto theft rates in Alberta continue to soar well above ...