Latest News

February 1, 2016: Bulletin 02-2016: Usage Based Insurance Filing Guidelines and Filng Guidelines page updated to link to the new guidelines - effective February 1, 2016

February 1, 2016: AIRB's Filing Guidelines (for Private Passenger and Other than Private Passenger) updated - see List of Changes effective February 1, 2016. The related Frequently Asked Questions have also been updated.

February 1, 2016: Bulletin 01-2016: Approval of 2016 CLEAR Rate Group Tables

February 1, 2016: Notice 01-2016: Semi-annual Review of Industry Experience as of June 2015 for Private Passenger Vehicles and Draft Oliver Wyman Report

February 1, 2016: Board Meeting Schedule added (to be updated yearly).

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Chair's Message

Allan Cleiren

The primary role of the Automobile Insurance Rate Board is to regulate automobile insurance rating programs for private passenger vehicles for both basic and additional coverage in Alberta. The Board's vision is to foster an efficient and effective automobile insurance market with fair and predictable rates.

In order to carry out its review of rating programs, the AIRB holds an annual open consultation meeting to hear from stakeholders with respect to Alberta private passenger vehicle loss experience. The oral and written information provided through this meeting, along with the Board’s consulting actuary report, and other information the Board gathers, is used to establish rating components and guidelines for review of rate filings.

The guidelines established are also used to determine the appropriate premium level for the grid rating program. The grid rating program caps premiums for basic coverage.  Currently, approximately 93% of drivers in Alberta pay less than the grid premium.

The Board strives through its website to ensure consumers have access to insurance related information that facilitates informed choices. The Board welcomes and encourages consumers to use our grid rate calculator located on our website, along with the other information contained therein.

Sincerely,

Allan Cleiren, CA, ICD.D
Chair
Automobile Insurance Rate Board