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In the department’s legal complaint, Insurance Commissioner Ricardo Lara alleges Mercury steered motorists with good driving records into the company’s highest-priced policies, rather than low ...
During 2010, Consumer Watchdog opposed Proposition 17, a ballot measure sponsored by Mercury Insurance Group to repeal a provision of Proposition 103 which prohibits insurance companies from considering a driver's history of prior insurance coverage when determining the price or availability of automobile insurance. Mercury spent $16 million in ...
Mercury Insurance created the Drive Safe Challenge [12] in 2016, promoting teen driver safety. It began as a collaboration between Mercury Insurance, the Anaheim Ducks and the California Highway Patrol in Anaheim , [ 13 ] and has since expanded to Florida through a partnership with the Tampa Bay Lightning and Tampa Police Department . [ 14 ]
The Department of Financial Protection and Innovation has a long history, dating back to the formation of California's first banking department. It became the DFPI in 2020 with the passage of the California Consumer Financial Protection Law (CCFPL). [2] Formation of State Banking Department (1909) and State Corporations Department (1913)
Tyler Perry is opening up about the devastation of the Los Angeles wildfires — and criticizing insurance companies for the role they played as people lost their homes.. In a post shared on his ...
The California insurance commissioner has been an elected executive office position in California since 1991. Prior to that time, the insurance commissioner was appointed by the governor. The officeholder is in charge of the California Department of Insurance. The current insurance commissioner is Democrat Ricardo Lara.
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