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  2. Mercury General - Wikipedia

    en.wikipedia.org/wiki/Mercury_General

    Mercury wrote $1 million in premiums every month by 1970 and sold its first homeowners policy in 1972. The newly created Mercury Insurance Company wrote its first auto policy in 1977. [7] In 1989, Mercury began expansion outside of California, opening offices in Georgia and Illinois. The company insured more than 1 million vehicles in ...

  3. California regulators sue Mercury Insurance, alleging it ...

    www.aol.com/news/california-regulators-sue...

    In August 2019, Mercury paid a $27.6 million fine to the California Department of Insurance for findings that it had violated Proposition 103. It was the largest fine against a property and ...

  4. California's FAIR Plan, the home insurer of last resort, may ...

    www.aol.com/news/californias-fair-plan-home...

    Mercury Insurance, one of the state's largest home insurers, announced a week after the fires started that its initial analysis showed its losses would probably exceed the $150 million it must pay ...

  5. Which insurance companies have the most exposure in California?

    www.aol.com/insurance-companies-most-exposure...

    Other insurers with over 5% market share in California in 2023 include Mercury Insurance (6.1%), Allstate (5.8%), Auto Club Insurance (5.8%) and USAA (5.4%). California Wildfires Could Cost ...

  6. They lost their home insurance policies. Then came the fires

    www.aol.com/news/lost-home-insurance-policies...

    Last year, Francis Bischetti said he learned that the annual cost of the homeowners policy he buys from Farmers Insurance for his Pacific Palisades home was going to soar from $4,500 to $18,000 ...

  7. California’s insurance is in crisis. The solution will cost ...

    www.aol.com/california-insurance-crisis-solution...

    Between 2020 and 2022, insurance companies declined to renew 2.8 million homeowner policies in the state, according to the most recent data from the California Department of Insurance.

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