February 16, 2023
Vehicle pricing was a major concern during the inflationary environment that dominated headlines in 2022, however a new report shows sales of electric vehicles in California rose by more than 50% last year from 2021 with an estimated increase in …
August 1, 2022
California Insurance Commissioner Ricardo Lara announced a legal action on Monday against Mercury Insurance for reportedly violating consumer protection laws, including selling Mercury’s highest-priced policy to “good drivers” instead of the lowest-priced policy for which good drivers qualify. Lara’s action …
March 11, 2015
The way Valen Analytics President and CEO Dax Craig describes it, Google’s move into insurance with Google Compare for auto insurance is an “all-aboard, wake-up-and-smell-the-coffee” call to the insurance industry. His words were simpler: “Game changer.” The complexity of what …
January 12, 2015
California Insurance Commissioner Dave Jones ordered Mercury Insurance to pay a fine of $27.5 million because Mercury auto insurance consumers were allegedly charged unapproved broker fees. Mercury did not obtain Jones’ approval for the fees and so consumers paid more …
June 26, 2012
Mercury Financial Group has added Gail Yantis, vice president, life specialist in its greater Austin/San Antonio, Texas, service area. Joining Yantis will be Ricci Nelson who will serve as marketing specialist. Yantis and Nelson join Mercury after a successful tenure …
November 2, 2011
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of L.A.–based Mercury Casualty Group and its members. Best also affirmed the FSR of ‘A-‘ (Excellent) and ICRs of “a-” …
August 1, 2011
U.S. safety regulators have upgraded an investigation into consumer complaints that 2010 model year Ford Fusion and Mercury Milan cars may suffer from wheel stud fractures that could cause a wheel to come off. The preliminary investigation of 317,315 Ford …