10-07-2024 19:32 via edmonton.ctvnews.ca

More auto insurers could exit Alberta without system reforms: DBRS

A major global credit rating agency says Alberta must come up with a "clear long-term solution" to its auto insurance woes or additional insurers will depart the province. DBRS Morningstar says it believes other insurers may follow on the heels of Sonnet and Aviva subsidiary S&Y, both of which recently announced plans to phase out their auto insurance businesses in Alberta.The information you need to know, sent directly to you: Download the CTV News AppDBRS adds that even those who don't hav
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