In 2018, as an apparent result of lobbying by the IBC, the Minor Injuries Regulation in Alberta was changed to deem temporomandibular joint injuries as minor injuries, and as such subject to the cap. With a new government in Alberta, this is a prime time for IBC to continue to lobby for their best interests. Generally, they argue that they are losing money and so benefits to injured people need to be curtailed and capped. That, or they threaten to raise insurance premiums to punishing levels. Albertans purchase insurance to protect themselves and their families. Hopefully our new government will stand strong against those who want make us give up benefits to protect insurance company profits. And, just how much money do Property and Casualty insurers make in Alberta? 2018 Net Income: $1,291,385,000.00 Source: Office of the Superintendent of Financial Institutions
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