Lawyer warns that if Alberta lifts insurance rate cap, costs will rise “astronomically”

Some critics are warning that if Alberta bows to the insurance industry’s lobbying to lift the existing rate cap, consumers would face sky-high costs with little recourse for relief.

Source: Wikimedia Commons

Some critics are warning that if Alberta bows to the insurance industry’s lobbying to lift the existing rate cap, consumers would face sky-high costs with little recourse for relief.

Lawyers and consumer advocates warn that a rate cap lift would leave Albertans exposed to rising costs and strip away key avenues of accountability.

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