For immediate release
February 16, 2008
Auto insurance premiums need to be
taken out of the hands of PC hacks
Alberta Liberals would reform Automobile Insurance Rate
Board and freeze premiums
Edmonton – The Alberta Liberals would reform the Automobile Insurance
Rate Board to include more consumer representatives, disallow politically
connected appointees, and force it to hold more public forums.
These immediate steps will protect Albertans from being gouged on threatened
auto-insurance premium increases after the Feb. 8, 2008 decision by the Court
of Queen’s Bench striking down the bumbling PC government’s $4,000 cap on
soft-tissue injury awards.
“It’s clear the Automobile Insurance Rate Board is beholden to the PC Party
and its supporters in the insurance industry,” said Rick Miller, Alberta Liberal
candidate for Edmonton-Rutherford and the party’s shadow minister of finance
in the last Legislature.
The AIRB assesses and approves basic-coverage insurance premiums and
ratings for passenger vehicles.
“Out of nine board members, there’s only one representing consumers. We
believe consumers should have at least three voices on this board,” Mr. Miller
He added that the board’s current chairman, Alf Savage, is a former president
of the Alberta PC Party. “It’s another example of how the PC elite have been
able to infiltrate and erode the public interest,” he said.
Finally, an Alberta Liberal government will force the insurance industry to
freeze premiums for a year while it sorts out the PC mess left by its illegal
move to cap soft-tissue injury claims.
“The industry has made record profits on the backs of hard-working Albertans
since 2004, thanks to the government’s discrimination against a class of injury
victims. I think we are being more than reasonable.”
“Public auto insurance is not the only option,” he said