Grid Rating System Reform

While the Government of Alberta considers longer-term automobile insurance reform options, the AIRB continues to move forward with Grid Rating System reform in the event government does not eliminate the Grid entirely. Grid reform is aimed at finding improvements for insurers, brokers & agents, and Alberta drivers. The AIRB is issuing this discussion paper to […]

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Why did my Alberta auto insurance premium go up in 2024?

The AIRB regularly fields consumer calls and one of the most common questions we get is “Why did my premium go up when there was a rate pause in 2023 and the Good Driver rate cap in 2024?” To begin answering the question it’s important to note both the rate pause and the Good Driver […]

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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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Seminar: What’s driving auto insurance rates?

Join us on November 23rd for an informative and engaging seminar, where industry experts will share insights and marketing trends that will help you and your clients navigate Alberta’s automobile insurance system. Discussion & Insight Distracted/Impaired Driving Weather Related Events Fraud & Vehicle Theft Inflation Effect on Physical Damage Coverages Where You Live – Trends […]

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Commonly Forgotten Driving Rules

People sometimes forget driving rules that don’t come up as often as others. Click here for reminders on commonly forgotten driving rules.

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May is Motorcycle Safety Awareness month

May is Motorcycle Safety Awareness month in Canada.  Learn we can keep each other safe on our roads here.

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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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Social media launch

As part of the AIRB’s consumer education mandate three social media channels were launched in January 2023: LinkedIn Facebook Instagram The channels will provide easy-to-understand information about auto insurance and the auto insurance industry, including how the announced rate pause will impact Albertans. We encourage you to follow our accounts and share our posts!

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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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