Mercury Insurance News

California’s $27.6M Fine Against Mercury Insurance Remains After Court Action

California regulators say a ruling by the state’s highest court means a $27.6 million fine imposed against Mercury Insurance Co. for improperly tacking fees onto auto insurance policies will stand. The California Department of Insurance reported on Aug. 15 that …

Mercury Insurance Expands Cyber Coverage to Georgia Homeowners, Renters

Mercury Insurance has launched a home cyber protection offering for homeowners and renters in Georgia. The new coverage will provide Mercury policyholders with cyber insurance protection that includes payment and security options for computer and home system attacks, cyber extortion, …

Mercury Names Most Affordable Electric Vehicles to Insure in California

Mercury Insurance put together a list of the 10 most affordable electric vehicles to insure, and Fiat, Kia and Nissan models top the list. Mercury researchers examined the 2017 electric vehicles available at car dealerships today or in the near …

Questionable Ferrari Loss Leads to Claim Withdrawal

Shannon Navejas, special investigator 2 with Mercury Insurance, shares how a claim for a 2000 collector edition Ferrari valued at $188,000 went up in smoke as a result of a thorough investigation which included the use of background checks, a …

Mercury Insurance Launches Ride-Hailing Coverage in Illinois

Mercury Insurance is now offering ride-hailing insurance to cover Uber, Lyft and other Transportation Network Company (TNC) drivers in Illinois. This new coverage will provide drivers with insurance that will bridge the gap between their personal auto insurance and the …

Mercury Begins Offering Ridesharing Insurance in Arizona

Mercury Insurance is offering ridesharing insurance to cover Uber, Lyft and other transportation network company drivers in Arizona. The new coverage will provide drivers with insurance that will bridge the gap between their personal auto insurance and the coverage provided …

Compare.com CEO’s Vision for the Future – Right or Wrong

As early as 2016 or 2017 commercial insurance will likely be bought and sold regularly over the Internet. That likely-to-be controversial opinion is courtesy of Compare.com CEO Andrew Rose. As he speaks to a reporter, in one breath Rose doesn’t …

Google Compare for Car Insurance Has Arrived

Google Compare for car insurance was introduced on Thursday in California, “with more states to follow,” the tech giant said. “Google Compare for car insurance provides a seamless, intuitive experience for connecting with your customers online,” the company said in …

Mercury Ins. Lowers Homeowners Rates in Penn., Seeks to Grow Market Share

Mercury Insurance said the company is lowering its homeowners insurance rates for Pennsylvania residents by an average of 10 percent. The Los Angeles-based insurer said the rate reduction would help attract more customers. “Mercury is a major writer of homeowners …

Mercury Insurance Lowering Auto Insurance Rates in Texas

Mercury Insurance announced it is reducing auto insurance rates for Texas drivers by an average of 10 percent. The reduction immediately applies to new customers and policy renewals, and will save Mercury policyholders an average of nearly $150 a year. …