Tessa Green and Cynthia Carels comment on Bill 41, the Insurance Amendment Act in Canadian Underwriter

Proposed changes to auto insurance regulations in Alberta and new Orders in Council should help reduce claims costs for insurers, Insurance Bureau of Canada (IBC) told Canadian Underwriter Thursday.

Bill 41, the Insurance (Enhancing Driver Affordability and Care) Amendment Act, passed second reading Wednesday. First introduced by the Alberta government Oct. 29, the bill proposes changes that would, among other things, expand the number of injuries coming under the minor injury regulation, and it would limit the number of expert witnesses that could be used in motor vehicle accident injury claims.

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