Alberta’s rate cap is deepening financial losses in the province's auto insurance market, industry experts say, as a new ...

CNW/ - A newly released government report shows that Alberta's rate cap is deepening the financial crisis in Alberta's auto ...

According to the Superintendent’s 2024 annual report, property and casualty insurers selling auto in Alberta paid out roughly ...

Alberta's auto insurers lost more than $1 billion in the province in 2024, as IBC points to the impact of the province's ...

Auto insurers operating in Alberta lost about $1.2 billion in 2024 after paying out significantly more in claims and ...

Insurance companies want a cap on how much they can increase premiums in Alberta, which could see a $400 increase per year. It is a 7.5 percent increase in 2026. Surprise, surprise. Not. The insurance ...

Cumis General Insurance announced on Tuesday it plans to exit Alberta's automobile insurance market. (David Bell/CBC - image credit) Another auto insurer revealed plans to exit the Alberta market this ...

EDMONTON, Alberta, Oct. 22, 2025 (GLOBE NEWSWIRE) -- The Alberta government has released draft regulations for its proposed no-fault auto insurance system, and FAIR Alberta has found they include what ...

The Insurance Bureau of Canada says recently released Alberta government figures show rate caps are "deepening the financial ...

Another auto insurer revealed plans to exit the Alberta market this week, with CUMIS General Insurance announcing its coming departure in 2026. CUMIS, which is a subsidiary of Co-operators General ...