Kenny's incestuous relationship with Insurance.

 We have all had a hit from increased insurance premiums at one level or another. Condo's were hit especially hard. The Conservatives have an incestuous relationship with the insurance industry. In fact, it is the heart of their financial planning. Kenny took the freeze off insurance maximums that the NDP had put in place.

Previous Conservative Governments at the provincial level have asked for and received a 3% kickback from the #insurance industry to the Conservative coffers. I have not had confirmation that the UCP are on the dole but, he is following the Klein plan so close I would be very surprised if they weren't.

Kenny's meetings with the Alberta Insurance industry

After saying they were going to reduce auto insurance they decided to hit another industry under stress; that of the Condo owner.   They are talking a 50,000 dollar deductible on Condo claims and an opportunity to buy insurance to cover whatever the individual's portion is.   A new insurance product.  It is so easy to hate these guys! Keep in mind we still carry a 30% Premium on our home and condo insurance courtesy of High River and Fort McMurray.

The Conservatives have always had an incestuous relationship with the Insurance Companies.  Ralph Klein and Jim Prentice both enjoyed a 3% of gross revenues of the insurance industry as a kick-back into the Conservative coffers.

Kenny is following Klein’s patterns; this we know for sure!  You can expect your insurance rates to go up 3% plus.

 

The insurance industry meets on a regular basis with the Conservatives.  One outstanding example of this relationship is High River annual flooding.  People were encouraged to buy more insurance after every annual flood.  Notley took the sensible tact and changed the course of the river.

We still have 30% on our insurance premiums to make up for the last major flood down there.

You can expect no different from Kenny.   If anything our rates are overcharged by  30%  now.

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Well, folks; looks like I saved you several hundred dollars!   The Conservatives now claiming they are researching ways to reduce your car insurance.  As if!