The insurance industry believes in fair and balanced regulations. In fact, we believe the auto insurance industry should be regulated. Regulations should protect consumers from risk, but not prevent choice, innovation and change.
The right regulations in place makes it easier for insurers to better serve consumers as they are allowed to more easily and efficiently provide the products and services consumers expect and deserve.
Removing or updating outdated and cumbersome regulations is a win for Albertans. It will make insurance more affordable for consumers and continue to stabilize the province’s insurance market.