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 ...

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 ...

A new report by the Montreal Economic Institute (MEI) finds that auto insurance rate caps are doing more harm in the long-term than good. (Credit: Larry Wong) Alberta has capped auto insurance rates ...

A new report finds auto insurers in Alberta are paying out more than they’re collecting. This is concerning to the Insurance Bureau of Canada, which wonders how it could affect drivers’ premiums in ...

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 ...

EDMONTON — 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 major global credit ...

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 ...

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. However, a new report has found rate caps do more harm than good. The report by ...

EDMONTON - 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. As we navigate ...