More auto insurers could exit Alberta without system reforms: DBRS

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CALGARY — 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.

CALGARY — 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 adds that even those who don't have plans to exit the market may be implementing cost-saving measures that are reducing the accessibility and availability of auto insurance in the province.

 

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