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Drivers with a good record qualify for 20% discount, but California insurance regulators say that Mercury steers them into highest-priced policies.
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 was founded by George Joseph, who flew 50 World War II missions as a navigator before graduating from Harvard on the G.I. Bill in 1949. Joseph then spent more than a decade in the insurance industry before founding Mercury Insurance in 1961 as a low-cost alternative to larger insurance companies.
Rosenfield opposed Proposition 17, a $16 million attempt by Mercury Insurance Group to repeal a key provision of Proposition 103 in 2010; it was defeated. [16] The company spent another $17 million on a very similar initiative in 2012; it too was defeated.
A.M. Best Affirms Ratings of Mercury General Corporation and Its Insurance Entities OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best Co. has affirmed the financial strength rating (FSR) of A+ (Superior ...
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During 2010, Court and his team fought Proposition 17, a $16 million attempt by Mercury Insurance Group to repeal a key provision of Proposition 103. Consumer Watchdog and its sister organization the Campaign for Consumer Rights "argued that the measure would have allowed Mercury and other companies to impose surcharges of as much as $1,000 on ...
The thief behind this scam had allegedly tricked at least 19 people out of $17,600 total across the state by requesting victims to pay for “insurance” through Cash App and pocketing the cash.