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Alberta's premier defends public auto insurance, rejecting insurer demands to raise rates, citing stability and affordability.
Alberta Premier Danielle Smith is resisting pressure from auto insurers to tighten regulations and raise premiums, calling their warnings fear-mongering.
She maintains that the province’s publicly run insurance system, operated by the Alberta Motor Insurance Corporation, remains stable, affordable, and protective of consumers.
Smith emphasizes that Alberta’s approach ensures rate stability, promotes competition, and prevents excessive hikes, especially in rural and high-risk areas.
Despite industry claims of rising costs and fraud, she argues the public model better serves the public interest than profit-driven private insurers.
The debate continues over the long-term sustainability of the system, but Smith remains committed to protecting Albertans from corporate overreach and maintaining affordability.
El primer ministro de Alberta defiende el seguro público de automóviles, rechazando las demandas de las aseguradoras para aumentar las tarifas, citando la estabilidad y la asequibilidad.