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Alberta, auto insurance
Alberta’s auto reform revealed: How insurers reacted
The Alberta government announced yesterday it will raise its auto insurance rate cap and introduce a no-fault model.
Alberta is overhauling its auto insurance system. Here's what the experts have to say
Premier Danielle Smith said on Thursday that once the new system is implemented in January 2027, Albertans would be saving up to $400 per year on insurance premiums. But in the meantime, starting January 2025 and for the next two years, Albertans will see increases to their premiums capped at 7.5 per cent.
Alberta pitches new auto insurance system that may be in place by 2027
Alberta Premier Danielle Smith says her government is making major changes to auto insurance, including rate hikes and switching to a predominantly no-fault claims model.
Drivers in Alberta could save up to $400 a year under new insurance system
Alberta is set to overhaul its auto insurance system, which will streamline the process and could save drivers up to $400 annually.
Opinion
Bell: What Alberta's auto insurance overhaul means for drivers
In 2027, a new auto insurance system is expected to be up and running. The Alberta government calls it a care-first system. Under this massive overhaul, motorists in most cases will not be able to sue an at-fault driver.
Wild weather remains wild card as Alberta aims to fix auto insurance system
The Insurance Bureau of Canada says Alberta has experienced five of the top 10 costliest natural disasters in Canadian history, all of which have occurred since 2016.
Extreme weather remains the wild card as Alberta aims to fix auto insurance system
CALGARY - A global credit rating agency says Alberta's sweeping changes to its auto insurance system are a step in the right direction, but rising claims from hailstorms remain the
Rate hikes, no-fault claims in new rules pitched for Alberta auto insurance
Under the new system, victims in most cases won’t be able to sue those responsible for their injuries and, instead, insurers would pay compensation at rates set by the government.
The Canadian Press on MSN
2d
Alberta pitches new rules for auto insurance, including rate hikes, no-fault claims
EDMONTON — Alberta Premier Danielle Smith says her government is making major changes to auto insurance, including allowing ...
6d
Alberta to lift auto insurance rate cap, axe right to sue in crashes: Sources
One major reform the UCP will announce soon could slash drivers' premiums in future. But next year, companies will be allowed ...
Canadian Underwriter
4d
Auto reform imminent? Alberta set to make announcement
Alberta’s United Conservative Party will be making an announcement later this week regarding its plans to reform auto ...
Yahoo News Canada
3d
Alberta proposes changes for auto insurance, including rate hikes, no-fault claims
Changes to
Alberta
’s
insurance
system will allow
insurance
companies to increase premiums by up to 7.5 per cent per ...
3d
Alberta's insurers committed to working with province on auto insurance reforms that benefit consumers
Today, the Alberta government announced significant reforms to the province's auto insurance system. Following the ...
Money Canada (English) on MSN
1d
Alberta’s auto insurance industry is in crisis mode due to provincial rate caps — experts expect more insurers to exit the province
Auto insurance in Alberta is reaching a crisis point, and experts are warning that if market conditions continue, that the ...
2d
Proposed Alberta auto insurance reforms change how injuries are handled
The UCP government has proposed significant changes to Alberta’s auto insurance system, moving to what it calls a “care-first ...
insurancebusinessmag
5d
Alberta law firm cautions against shift to public auto insurance
The law firm emphasized that it is “imperative” for drivers to retain the right to sue. Under a full no-fault system, ...
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