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 is removing its 22-year-old auto insurance ‘grid’ rating system, which caps premiums for high-risk drivers, when it introduces its new care-first auto insurance reforms on Jan. 1, 2027. “The ...
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