During the past 10 years, the Canadian automobile insurance industry's underwriting results have changed dramatically as reflected by the significant variations in the direct loss ratio according to a special report by A.M. Best Co.From 1996 to 1998, the industry direct loss ratio remained flat at around 75. Alberta, Quebec and the Atlantic provinces were experiencing above-average loss ratios; however, the direct loss ratio in Alberta was heading in the right direction.....
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Car Insurance News: A.M. Best Special Report: Canadian Auto Insurance Industry Undergoes Dramatic Ups and Downs...Get an auto insurance quote!