Legislation, regulations, and policies
The Alberta Automobile Insurance Rate Board (AIRB) was established through the Insurance Act in October 2004 as an independent, quasi-judicial regulator. The AIRB is responsible for regulating auto insurance rates in Alberta.
Learn about the legislation, regulations, and policies governing the mandate and actions of the AIRB.
Legislation
Review information on acts that govern the operation of auto insurance in Alberta.
Insurance Act
The Insurance Act is the legislative framework for insurance operations in Alberta. It establishes the AIRB to regulate the auto insurance industry.
Regulations
Learn about provincial regulations that support and define the application of auto insurance legislation in Alberta.
Fair Practices Regulation
This regulation establishes a number of consumer protection measures dealing with a variety of insurance topics, including auto insurance.
Other Insurance Regulations
See the other legislation, regulations, ministerial orders, and directives from the Minister of Finance and interprovincial agreements for insurance in Alberta.
Premiums Regulation
This regulation establishes the approval process for auto insurance rating programs, requires an annual review of auto insurance trends and premiums relating to basic and additional coverage for private passenger vehicles (PPVs), and establishes a ‘grid’ mechanism used to determine the base premium for basic coverage for PPVs.
Rate Board Fee Regulation
This regulation allows the cost of regulating auto insurance rates to be covered by insurance companies rather than by Alberta taxpayers.
Policies
See board-approved policies that guide AIRB’s governance, operations, and regulatory approach.
Board Governance
Establishes procedures for board meetings, transparency, governance oversight and the appointment, remuneration and expense reimbursement of Board members.
Board Orders, Bulletins, Notices, and Guidelines
The AIRB may issue or enforce orders, bulletins, notices, and guidelines under the authority of the Auto Insurance Premiums Regulation.
Board Remuneration and Expense Reimbursement
The AIRB Board Members are remunerated a per diem amount in recognition of their time and effort required to carry out the mandate of the AIRB. The AIRB reimburses Board Members for reasonable expenses incurred to attend meetings, training, and conferences or when acting as a representative of the AIRB.
Automobile Insurance Rating Program Approvals
Every insurance company licensed to write auto insurance in Alberta must file its rating program with the AIRB and obtain the prior approval of the AIRB to either establish a new rating program to enter the market or revise an existing rating program.
Review of Automobile Insurance Premiums & Trends
The AIRB conducts a transparent review of auto insurance in accordance with the legislation.
Grid Base Premium – Basic Coverage
REPEALED: The AIRB must annually review the base premiums for the Grid Rate for basic coverage and post the adjusted base premium table before October 1 for implementation on January 1 of the following calendar year.
Return of Excess Premiums
Every private passenger vehicle insurer must complete the AIRB’s profit and loss report template. This will be applied prospectively, commencing with 2024 accident year results reported in 2025. Insurers will only be required to return excess premiums in the most recent accident year.
Consumer Inquiries & Complaints
The AIRB receives, assesses, and responds to consumer inquiry/complaints in an impartial and timely manner consistent with its legislative mandate and public-sector standards of administrative fairness.
Code of Conduct and Ethics
Establishes the rules governing the business and ethical conduct for all Directors and Employees of the Automobile Insurance Rate Board.
Privacy Management Program
Sets out AIRB’s policies and procedures which promote its compliance with and duties under the Protection of Privacy Act. These policies and procedures have been established to ensure privacy is protected and to ensure alignment of the same with the requirements of the Protection of Privacy Act.
Public Agency Governance Policy
Find the Public Agency Governance Policy adopted by the Government of Alberta.