Alberta Superintendent of Insurance

The Office of the Superintendent of Insurance regulates and creates policy for the insurance market in the province to ensure that Albertans have affordable access to the insurance coverage they require, by monitoring the effectiveness of the market, and responding to the needs of the province and its citizens.

See the menu to your left for more information about Insurance, or use the quick links below to access highlighted topics.

Insurance News

February 7, 2012
Insurance Document Update

January 20, 2012
Insurance Document Update

January 19, 2012
Superintendent of Insurance Bulletin 01-2012

January 5, 2012
Insurance Document Update

November 29, 2011
Superintendent of Insurance Bulletin 04-2011

November 22, 2011
Financial Data for Alberta Incorporated Insurance Companies - 2011 Third Quarter information added

October 26, 2011
Superintendent of Insurance Interpretation Bulletin 03-2011

October 25, 2011
Warning to Consumers

Alberta consumers should be aware of an Ontario company using the name Axccess Lifestyle Membership Corporation that is offering a multi-year, combined automobile and house insurance product through an agency named Net Wealth Capital Inc. in Ontario.  They may have offered the same product online in other parts of the country, including Alberta.  Neither company is licensed to offer these insurance products in Ontario or Alberta.  The companies also claim to be affiliated with Lloyd’s Underwriters and the Chesterfield Group Limited.  Both Lloyd’s and Chesterfield have issued notices denying this affiliation.

If Alberta consumers have purchased this product or are approached by either Net Wealth Capital Inc. or Axccess Lifestyle Membership Corporation, please notify the office of the Superintendent of Insurance at Insurance@gov.ab.ca or at 780-422-1592 (dial 310-0000 first for toll-free access), or the Alberta Insurance Council at 1-800-461-3367.

If consumers have purchased this product in Alberta, they should seek other coverage from a licensed insurer.

October 4, 2011
Alberta's New Insurance Act

On July 1, 2012, changes to the Alberta Insurance Act will go into effect.  View information about Alberta's New Insurance Act.  The link to the Transitional (Insurance Amendment Act, 2008 – Part 5) Regulation has been added to the page.

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Page last updated:  February 7, 2012