Edmonton Journal on MSN
Alberta's auto insurance premium caps doing more harm than good: report
Alberta has capped auto insurance rates at 7.5 per cent for good drivers in 2026, with a new system set to come in 2027.
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 Insurance Bureau of Canada says recently released Alberta government figures show rate caps are "deepening the financial ...
The report notes insurers lost more than $1.2 billion on the sale of auto insurance in 2024, paying out more in claims and ...
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