Alberta auto insurers lost more than $1B in 2024: report

Alberta’s rate cap is deepening financial losses in the province's auto insurance market, industry experts say, as a new ...
JD Supra

Alberta Insurance Regulator Considers When Automobile Extended Warranty, Dealer Loyalty and Similar Products are Insurance in Alberta

Under Alberta’s Insurance Act, products that meet the definition of “insurance” must be underwritten by a licenced insurer and may only be sold by a licenced agent (which includes a business, such as ...
JD Supra

Alberta’s Insurance Regulators Tighten Registration Requirements for Motor Vehicle and Equipment Dealers Offering Warranties, Loyalty Programs or Ancillary Vehicle Protection ...

On December 19, 2024, the Alberta Superintendent of Insurance published a revised version of Bulletin 05-2024 (“Superintendent’s Bulletin”) on the treatment of motor vehicle warranty contracts, ...
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, ...