The Insurance Bureau of Canada says recently released Alberta government figures show rate caps are "deepening the financial ...
Opinion
Auto Insurers Paid Out 18% More Than Collected, Losing $1.2B in 2024, according to government report
A newly released government report shows that Alberta's rate cap is deepening the financial crisis in Alberta's auto insurance market.
Auto insurers operating in Alberta lost about $1.2 billion in 2024 after paying out significantly more in claims and ...
The Saskatchewan government is defending proposed utility rate increases as "modest and balanced" measures necessary to ...
Peter Peebles vows never to drive in British Columbia again. "It’s too dangerous," Peebles said in an interview with The ...
The report notes insurers lost more than $1.2 billion on the sale of auto insurance in 2024, paying out more in claims and ...
According to the Superintendent’s 2024 annual report, property and casualty insurers selling auto in Alberta paid out roughly ...
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Your car insurance quote will generally show the insurer's suggested limits—usually more than the mandated minimums—for each ...
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