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Opinion: Alberta at odds from Western provinces on auto insurance costs, compensation

A recent report from Alberta's Auto Insurance Rate Board notes that in 2023, despite claims costs dropping again last year (by 2.65 per cent), auto insurance rates rose 5.25 per cent. The report also found that auto insurance industry profits (including investment income) skyrocketed in 2023 compared to the industry's 2022 profit margins. Read More

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