Alberta Insurance

• Extreme weather driving sharp rise in Alberta insurance premiums

  Industry officials say the cost of home insurance in Alberta has surged dramatically as insurers grapple with mounting claims tied to natural disasters.

  Environment

  Jun 19
  
• Adjustable rate cap part of ‘care-first’ auto insurance model coming to Alberta

  Drivers will see changes in how their auto insurance rates increase in 2027, as Alberta rolls out a new, adjustable rate cap alongside its planned 'care-first' system.

  Consumer

  May 14
  
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• Rate hikes, no-fault claims in new rules pitched for Alberta auto insurance

  Under the new system, victims in most cases won’t be able to sue those responsible for their injuries and, instead, insurers would pay compensation at rates set by the government.

  Consumer

  Nov 21, 2024
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• Additional auto insurance companies could leave Alberta without system reforms: DBRS

  A major global credit rating agency says Alberta must come up with a "clear long-term solution" to its auto insurance woes or additional insurers will depart the province.

  Consumer

  Jul 10, 2024
• Aviva and Sonnet ending auto insurance coverage in Alberta

  Aviva Direct is withdrawing its auto and home insurance services from Alberta effective January 2025. Sonnet is phasing out its auto insurance in Alberta later this year.

  Consumer

  Jul 4, 2024
• Alberta announces reforms to address high premiums for auto insurance

  The Alberta government is promising changes to reduce high auto insurance premiums, including a cap tied to inflation for those with good driving records.

  Consumer

  Nov 1, 2023
• Alberta one of the riskiest provinces to live in: Insurance Bureau of Canada

  Alberta has seen a wide range of extreme weather over the past couple of months and it's having an impact on the economy.

  Canada

  Jul 4, 2023
• Alberta’s vehicle insurance premiums among the highest in Canada: report

  A recent report by Ernst & Young has found Alberta has some of the highest auto insurance premiums in the country.

  Consumer

  Dec 12, 2022
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• Alberta drivers are facing high insurance costs, according to new numbers

  A new report confirms that Albertans are paying more for auto insurance.

  Consumer

  Jan 10, 2020