[troutman]

http://www.calgaryherald.com/news/Al...791/story.html

Alberta motorists could see their automobile insurance premiums soar as much as 40 per cent, pending a landmark ruling today from the provincial Court of Appeal that will determine whether a $4,000 cap on payouts for soft tissue injuries is unconstitutional.

The Insurance Bureau of Canada says motorists might only see a modest hike in their premiums if the cap is restored, but the group has warned that no ceiling on payouts could see rates jump around 40 per cent just to keep the system in balance.

Alberta Finance spokesman Bart Johnson said Thursday the government is looking forward to seeing the decision, but admits "it wouldn't be surprising" if it is appealed to the Supreme Court of Canada, where a panel of justices would decide whether the court hears the case.

Insurance Bureau of Canada spokesman James Geuzebroek said a decision in the industry's favour would be "a positive one for the drivers of the province."