Finding Fault with No Fault: Only a quarter of Albertans support ‘no-fault’ insurance system
Edmonton, Alberta — In a survey conducted by Fair Alberta Insurance Regulations (FAIR Alberta), only about a quarter of Albertans support the province’s proposed “no-fault” alternative. The survey, which was conducted between January 8 and 15, 2024 and polled over 900 individuals aged 18 and older, revealed that 63 percent of Albertans prefer the current […]
Insurance Bureau of Canada: ‘Good Drivers’ Pay Higher Alberta Car Insurance Premiums
The Insurance Bureau of Canada (IBC) released a report highlighting a concerning trend in Alberta car insurance premiums. According to the report, insurance companies burden “good” drivers in the province with higher auto insurance premiums to subsidize high-risk drivers’ insurance. This situation raises important questions about fairness and equity within the insurance system. How it […]