Carrier fine News

The Wyoming Department of Insurance announced the resolution of a matter against Farmers Insurance Exchange that resulted in monetary penalties against the carrier. The department entered an order approving a settlement with Farmers Insurance Exchange which included a civil penalty …

Mercury Insurance Co. has agreed to pay more than $41 million to end a two-decade long battle with the California Department of Insurance battle over the Los Angeles-based carrier improperly tacking fees onto auto insurance policies and over false advertising …