Edmonton Journal on MSN
Alberta's auto insurance premium caps doing more harm than good: report
A new report by the Montreal Economic Institute (MEI) said rate caps imposed by the Alberta NDP and the government United ...
Auto Insurers Paid Out 18% More Than Collected, Losing $1.2B in 2024, according to government report
Alberta’s Superintendent of Insurance expects losses to worsen due to ongoing rate cap EDMONTON, AB, Jan. 9, 2026 /CNW/ – A ...
The Insurance Bureau of Canada says recently released Alberta government figures show rate caps are "deepening the financial ...
Auto insurers operating in Alberta lost about $1.2 billion in 2024 after paying out significantly more in claims and ...
The report notes insurers lost more than $1.2 billion on the sale of auto insurance in 2024, paying out more in claims and ...
Opinion
Edmonton Journal on MSNOpinion
Opinion: Alberta's Care-first gives too much power to insurance firms
I am an accident reconstruction engineer that has been reconstructing accidents since 1999. Many Albertans are unaware of the government’s proposed auto insurance changes that are coming Jan. 1, 2027.
The price of car insurance continues to accelerate: In November 2025, the average cost of a full coverage auto policy is $2,697 a year, according to Bankrate data, or about $225 a month. That's 12% ...
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