Wildfire season is well underway, with wildfires scorching a record breaking number of acres up and down California, and the peak of the season is yet to come. Mercury Insurance today announced two new programs the company is launching to help Californians better protect their homes and families if they live in areas prone to… Continue reading Mercury Insurance Launches Programs to Help California Homeowners with Wildfire Risk
Tag: Mercury insurance
CA Department of Insurance Wins 20-Year Court Battle Against Mercury Insurance
The California Supreme Court denied a petition for review by Mercury Insurance Company thereby letting stand a $27.6 million fine the Department of Insurance imposed on Mercury for charging illegal fees in violation of Proposition 103. The fine is the largest in the Department’s history against a property and casualty insurer. In 2015, the Commissioner… Continue reading CA Department of Insurance Wins 20-Year Court Battle Against Mercury Insurance
CA Appeals Court: Mercury Insurance Must Pay $27.5M in Fines
A state appeals court reinstated $27.5 million in state penalties against Mercury Insurance Co. on Tuesday for charging illegal broker fees in more than 180,000 transactions with auto insurance customers from 1999 to 2004. The fines, imposed by the state Department of Insurance in 2015, were overturned in 2016 by a judge in Orange County,… Continue reading CA Appeals Court: Mercury Insurance Must Pay $27.5M in Fines