Consumer Experience at Renewal

A survey was issued in June 2023 to the eleven largest insurance groups, by market share, offering automobile insurance in Alberta. The purpose of the survey was to focus a consumer lens to insurer communications to better understand the reason for increased frustration and misunderstanding at policy renewal time. All eleven insurers responded to the […]

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The Cost of Speeding

Speed is a factor in nearly 25% of all fatal collisions in Alberta. Click here to learn more.

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Construction Zone Safety

The fact is, 900 collisions, injuries, or fatalities, and millions of dollars in property damage occur every year in Alberta construction zones. Click here to learn how to keep everyone safe in a construction zone.

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Distracted Driving

When you drive distracted, you’re putting yourself and others at significant risk of collision, injury, or death. Every incident of distracted driving is entirely preventable. Learn ways to avoid driving distracted here.

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2022 Environmental, Social and Governance (ESG) Report

Establishing and reporting on ESG metrics is a priority for governments, the insurance industry, and Alberta drivers. The AIRB has considered ESG impacts for industry and has started to develop metrics to measure these important factors as we deliver on our vision, mission and mandate to serve Alberta drivers and the Government of Alberta. Given […]

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Fact check: Is the AIRB complying with the government’s auto insurance rate pause?

Today Alberta’s Official Opposition stated that the Automobile Insurance Rate Board (AIRB) approved rate changes for two companies “on March 1, 2023”. This is incorrect. The rate filings were approved months prior to the government’s announced rate pause on January 26, 2023. The AIRB is in full compliance with the Ministerial Order. The AIRB publishes […]

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Do auto insurance premiums ever go down?

Like all businesses, an insurance company must cover its costs to stay viable. The difference with an insurance company is they do not know how much the final product will cost when they set the price. Insurance companies use a formula based on several identified risks to determine the price of your auto insurance policy. […]

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2023 Semi-Annual Review Consultations Started

(January 27, 2023) The Automobile Insurance Rate Board (AIRB) has starred consultation on its 2023 Semi-Annual Review for private passenger vehicles (PPV). This review analyzes industry loss experience as of June 2022 for PPV to establish Industry Benchmarks used when reviewing insurance companies’ rate filings for basic and additional coverage effective April 1, 2023. As […]

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What does the rate pause mean for industry?

Today the Government of Alberta ordered the Automobile Insurance Rate Board (AIRB) to pause new rate approvals that increase private passenger auto insurance premiums for Albertans. This pause is in place until December 31, 2023. Click here to read the news release. Please note the Superintendent of Insurance issued two related bulletins: Interpretation Bulletin 01-2023: […]

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What does the auto insurance rate pause mean for Albertans?

The Government of Alberta ordered the Automobile Insurance Rate Board (AIRB) to pause new rate approvals that increase auto insurance premiums for Albertans. This order is in place until December 31, 2023. The announced rate pause means that going forward insurers cannot apply for new increases to Albertans’ auto insurance premiums until 2024. You may […]

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