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Published 1 year ago

Alberta will not approve rate hikes for personal car insurance in 2023

Summary by Ground News
The Alberta government says it will not approve any more rate hikes for auto insurance on private passenger vehicles until the end of the year. The move comes more than three years after the United Conservative Party government lifted a cap on hikes imposed by its NDP predecessors. The government says factors like inflation and supply chain issues for auto parts are affecting rates in the short term.

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