Alberta, auto insurance

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 to charge much more, CBC News has learned.
Alberta to hike auto insurance premium cap on 'good drivers' to 7.5% in January 2025
The Alberta government plans to increase the auto insurance premium cap on good drivers from the current 3.7 per cent to 7.5 per cent in the new year as part of a new privately delivered auto insurance system that aims to limit legal action in certain instances.
Alberta pitches new rules for auto insurance, including rate hikes, no-fault claims
Alberta NDP Leader Naheed Nenshi says UCP’s solution will only lead to higher premiums, and accused government of catering to business lobbyists
Alberta auto insurance shake-up? New insurance reforms to be unveiled today
With the province slated to release details on adopting a new auto insurance system later this afternoon, speculation and criticism of what these new reforms could entail are mounting. Earlier this week,
Alberta is set to introduce auto insurance reforms. Here's what it could mean for drivers
CBC News has learned the UCP government will announce it's going to let auto insurers raise premiums by substantially more than the 3.7 per cent rate cap it imposed this year. It's part of major insurance reforms that promise customers savings by removing personal injury lawsuits and legal claims from the system.
What you need to know about Alberta's move to no-fault auto insurance
Alberta Premier Danielle Smith on Thursday announced major reforms to the province’s auto insurance system , including a higher cap on rate hikes for good drivers and a shift to a no-fault auto insurance model.
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” model. Officials say they have heard from both Albertans who say premiums are too high and insurance companies who are struggling to stay competitive in the province.
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.
Canadian Underwriter1d
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.
Calgary Herald2dOpinion
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.
Yahoo News Canada2d
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 ...
Canadian Underwriter3d
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 ...
How does Alberta's current insurance system compare to other provinces
On average, Albertans pay the second-most expensive auto insurance in Canada, behind Ontario. The province will move to a new ...
Proposed Shifts in Alberta’s Auto Insurance Model Raise Concerns Over Consumer Choice and Affordability
Ianni Law, a prominent firm in Alberta’s legal landscape, is raising concerns about recent discussions around overhauling Alberta’s private auto insurance system. In response to rising claim costs and ...
Money Canada (English) on MSN13h
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 ...