Money.ca on MSN

Alberta’s auto insurance cap is squeezing insurers — and more drivers are feeling it, too

Growing strain in the province’s insurance market is raising fresh questions about what drivers could face next ...
Canadian Underwriter

Alberta auto insurers awash in red ink, government report shows

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

Insurers taking losses due to Alberta auto rate cap: Insurance Bureau of Canada

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

Auto Insurers Paid Out 18% More Than Collected, Losing $1.2B in 2024, according to ...

Alberta’s Superintendent of Insurance expects losses to worsen due to ongoing rate cap EDMONTON, AB, Jan. 9, 2026 /CNW/ – A ...
Insurance Business America

Alberta auto insurers bled $1.2B and paid 18% more than premiums as fears of market ...

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