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 ...

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, ...

Auto reforms in Alberta and Ontario, particularly in Alberta, should help reduce pressure on the auto insurance line in ...

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. However, a new report has found rate caps do more harm than good. The report by ...

Add Yahoo as a preferred source to see more of our stories on Google. Oliver Wyman has prepared an actuarial analysis of Alberta's incoming no-fault insurance system that projects cost savings for ...

With the recent oil price shock, “affordability” will be as big an issue with Canadian voters as it currently is with American. Which means it will be on politicians’ minds, too. Unfortunately, their ...

You see, the UCP government of Premier Danielle Smith is “moving away from a court-based insurance system” to a system where they lay out the benefits Albertans will receive in the event of a ...

Alberta’s incoming no-fault insurance system could cut premiums for passenger and commercial vehicle drivers, but hike prices for motorcyclists, a new actuarial report says. In a more than 200-page ...