The Insurance Bureau of Canada says recently released Alberta government figures show rate caps are "deepening the financial crisis" for auto insurers in the province.
A fourth auto insurer has announced its plans to leave Alberta, citing challenges in the province’s auto insurance market and rising costs of auto claims. CUMIS, a subsidiary of Co-operators General ...
With Albertans paying some of the highest auto insurance premiums in Canada, Premier Danielle Smith finally had enough. Instead of the half-measures and superficial tweaks undertaken by previous ...
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 ...
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 ...
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