Alberta knows auto insurers are losing money. But what about the rate cap?

Bell: Will Premier Smith cave to auto insurers and hit Albertans with a $400 premium hike?

In Alberta, the Danielle Smith government has not ruled out a big auto insurance premium hike as insurers plead they are losing money

Alberta's new auto insurance system lacks clarity on whether or not there will be cost savings: experts

Alberta has been boasting that under its new auto insurance system Albertans will see more "long-term" affordable auto insurance, but experts are questioning whether or not it will be true.

Alberta knows auto insurers are losing money. But what about the rate cap?

iStock.com/Solidago Despite extensive evidence showing auto insurers are unprofitable in Alberta, the government has not yet decided on the future of the rate cap, officials tell Canadian Underwriter.  On Wednesday, the government put out an intentions paper outlining the development of its Care First model. Canadian Underwriter attended a media briefing with government officials the same day.  “Our government is continuing to study the impact o…