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 ...
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 ...
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 ...
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 ...
Auto insurance in Alberta is reaching a crisis point, and experts are warning that if market conditions continue, that the ...
Add Yahoo as a preferred source to see more of our stories on Google. Alberta Finance Minister Nate Horner. (Credit: David Bloom) The verdict is not pretty. Well at least Nate Horner, the province’s ...
As Alberta prepares to make sweeping changes to fix its flailing auto insurance system, experts say extreme weather remains the wild card. Nadja Dreff, senior vice-president and sector lead for global ...
The insurance companies are at it again. They do what they have done through my long career turning over rocks and chasing stories. They are whining. Bellyaching. Telling us their lot in life is so ...
Alberta’s provincial government has introduced Bill 47, the Automobile Insurance Act, a type of no-fault insurance that will largely eliminate litigation from the auto insurance system and provide a ...
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 ...