Alberta's Insurance Act (changes effective July 1, 2014)
Changes to the Insurance Act came into effect July 1, 2014
Bill 39 – the Enhancing Consumer Protection in Auto Insurance Act amends the Insurance Act. It was proclaimed (except sections 3, 5 and 28) into force on July 1, 2014. It allows for stronger oversight of automobile insurance premiums by providing the Automobile Insurance Rate Board with the responsibility to regulate the entire (both basic and additional) automobile insurance premium.
- Overview of the changes - see the following Superintendent of Insurance Notices:
- News Release on Bill 39 (November 6, 2013)
- Click here to view Insurance Act (effective July 1, 2014).
- Click here for the amendment to the Insurance Act (Bill 39).