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.
Review information on acts that govern the operation of auto insurance in Alberta.
The Insurance Act is the legislative framework for insurance operations in Alberta. It establishes the AIRB to regulate the auto insurance industry.
Learn about provincial regulations that support and define the application of auto insurance legislation in Alberta.
This regulation establishes a number of consumer protection measures dealing with a variety of insurance topics, including auto insurance.
See the other legislation, regulations, ministerial orders, and directives from the Minister of Finance and interprovincial agreements for insurance in Alberta.
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.
This regulation allows the cost of regulating auto insurance rates to be covered by insurance companies rather than by Alberta taxpayers.
See board-approved policies that guide AIRB’s governance, operations, and regulatory approach.
This policy establishes the procedures for board meetings, transparency, governance oversight, and the appointment and remuneration and expense reimbursement of Board members.
The AIRB may issue or enforce orders, bulletins, notices, and guidelines under the authority of the Auto Insurance Premiums Regulation.
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. In addition, the AIRB recognizes Board Members should not be out-of-pocket for their services. The AIRB reimburses Board Members for reasonable expenses incurred to attend meetings, training, and conferences or when acting as a representative of the AIRB.
Find the AIRB’s Code of Conduct and Ethics.
This policy establishes a consistent, documented process for receiving, assessing, and responding to consumer inquiries and complaints related to auto insurance pricing and rating practices, as well as questions about shopping the market or general auto insurance information.
This policy states how 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.
Find the Public Agency Governance Policy adopted by the Government of Alberta.
This policy states 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.
This policy states 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.
Download AllThis policy states how the AIRB conducts a transparent review of auto insurance in accordance with the legislation.