As many as 16,000 Albertans to be out auto insurance after company pulls out

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One insurance company has informed Alberta it is withdrawing from selling auto insurance in the province, citing a provincial rate freeze set to last through the end of 2023.

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Officials with Alberta’s finance ministry confirmed the company, which has a market share of less than 0.5 per cent of Alberta’s auto insurance policies, had provided the superintendent of insurance with…

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