Alberta.  Car Insurance rates.  This is it in a nutshell:   
   ____________________   
      
   The former NDP government had imposed a five per cent annual rate increase cap   
   for auto insurance in the province, but the UCP government did not renew the   
   regulation, which then expired in August 2019.   
      
   Insurance rates began spiking, and in December 2019, the UCP government   
   appointed a panel to troubleshoot Alberta’s auto insurance issues.   
   ______________________   
      
   No kidding?  A for-profit industry taking advantage of lifted government   
   controls?   
   Who ever heard of such a thing ? . . . .   
   _______________________   
   Global News  Posted October 29, 2020   
      
   Alberta’s UCP government set to introduce auto insurance reforms Thursday   
      
   The UCP government is hoping to make automobile insurance more affordable for   
   Albertans.   
      
   Alberta Finance Minister Travis Toews will be introducing legislation on   
   Thursday to address spiking insurance rates.   
      
   “They are not affordable,” Toews told Global News on Wednesday.   
   “Insurance premiums have been going up in an unsustainable way.   
      
   “The main driver pushing up insurance premiums is, in fact, injury claim   
   costs. Those costs have gone up approximately 26 per cent in the last four   
   years.”   
      
   Toews will discuss the changes proposed in Bill 41 at a Thursday news   
   conference.   
      
   Alberta’s NDP, meanwhile, is calling on the province to freeze auto   
   insurance premiums until 2021.   
      
   “Given this government’s track record, I can’t help but wonder if the   
   solution will be more financial gain for insurance companies and more pains   
   for Albertans,” said NDP leader Rachel Notely at a Wednesday news conference.   
      
   The former NDP government had imposed a five per cent annual rate increase cap   
   for auto insurance in the province, but the UCP government did not renew the   
   regulation, which then expired in August 2019.   
      
   Insurance rates began spiking, and in December 2019, the UCP government   
   appointed a panel to troubleshoot Alberta’s auto insurance issues.   
      
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