Latest Mercury Insurance Headlines
All the headlines from our Mercury Insurance Topic Page, ordered by recency.
Mercury Insurance to Return to Fire-Ravaged Paradise, California
Jan 8 2025 // Mercury Insurance announced this week that the company will begin writing new homeowners insurance policies in the town of Paradise, California. Mercury says it is the first major insurance company to begin offering...
Mercury Insurance Taking Tokio Marine’s California Personal Lines Business
May 10 2024 // Mercury Insurance on Thursday announced a plan that the Los Angeles-based carrier says will help maintain insurance availability and provide coverage for thousands of California consumers as two insurers exit the...
People Moves: Burnham Benefits Names Foderaro Managing Director; Mercury Insurance Names Zhang Chief Data Analytics Officer
Feb 13 2024 // Burnham Benefits Names Foderaro Managing Director Burnham Benefits Insurance Services, headquartered in Irvine, California, named William Foderaro as managing director. Foderaro has more than 20 years of experience in the...
Mercury Insurance in California Names Pang Chief Technology Officer
Mar 10 2023 // Mercury General Corp. named Wilson Pang chief technology officer to lead its technological transformation efforts. As part of Mercury’s executive leadership team, Pang will develop and drive digital transformation...
Mercury Insurance Adds New Coverages in Oklahoma
Dec 12 2022 // Mercury Insurance announced five new coverages available for homeowners and renters in Oklahoma. Mercury’s new coverages provide additional insurance protections with an option for environmentally-friendly...
Mercury Insurance Adds New Coverages in Illinois
Jun 8 2022 // Mercury Insurance announced new coverages for homeowners and renters in Illinois. New coverages include Green Home, which covers up to an additional 10% of the replacement costs for environmentally-friendly alternatives or...
Mercury Insurance Launches Usage-Based App in Illinois
Apr 8 2022 // Mercury Insurance announced that the company has made its usage-based insurance app, MercuryGO, available to drivers in Illinois to help improve driving skills and traffic safety. Mercury says the app acts as a virtual...
Mercury Insurance Reports a 40% Spike in California Comprehensive Car Claims
Oct 14 2021 // Mercury Insurance is reporting a dramatic increase in vehicle vandalism and auto theft in California, with comprehensive auto insurance claims reportedly up 40% since pre-pandemic levels. While the increase in theft and...
New Mercury Insurance Programs Target California Homeowners’ Wildfire Risk
Oct 21 2020 // Mercury Insurance has launched two new programs designed to help Californians better protect their homes and families if they live in areas prone to wildfires. Homeowners who take one or more steps to either harden their...
California’s $27.6M Fine Against Mercury Insurance Remains After Court Action
Aug 16 2019 // 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...
Mercury Insurance Expands Cyber Coverage to Georgia Homeowners, Renters
Apr 4 2019 // 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...
AM Best Downgrades Ratings of Mercury in California, Wildfires a Factor
Dec 12 2018 // AM Best has downgraded the Financial Strength Rating (FSR) to A (Excellent) from A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a+” from “aa-” for the members of Los...
Mercury Insurance Launches Ride-Hailing Coverage in Illinois
Apr 27 2016 // 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...
Mercury Insurance Lowering Auto Insurance Rates in Texas
Mar 5 2014 // 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...
Mercury Insurance Cutting Auto Insurance Rates in Illinois
Mar 4 2014 // Mercury Insurance Co. announced that its auto insurance rates for Illinois drivers are being reduced an average of 13.9 percent. The reduction immediately applies to new customers and policy renewals beginning April 7, and...
Mercury Insurance Cuts Florida Auto Rates 10%
Feb 25 2014 // Some Florida drivers could see their premiums reduced after one automobile insurer announced it would cut rates by an average of 10 percent. Mercury Insurance Co. officials said the new rates would take effect immediately...
Best Affirms Mercury General and Subs Ratings; Outlook Stable
Feb 3 2014 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of the insurance entities within the Mercury Casualty Group Best also...
Mercury Insurance Launches Commercial Auto Product
Feb 7 2012 // Mercury Insurance has introduced a commercial auto product that offers agents a new point-of-sale system that makes it easy to rate, qualify and issue new business, as well as online service capabilities. The new product...
Consumer Group Hammers Mercury Rate Increase Filing in California
Jan 9 2012 // A California consumer group is challenging a rate hike bid by Mercury Insurance because the group claims the company is trying to pass along the costs of its political campaigning. But the insurer says those costs are not...
Consumer Group Hammers Mercury Rate Increase Filing in California
Dec 22 2011 // A California consumer group is challenging a rate hike bid by Mercury Insurance because the group claims the company is trying to pass along the costs of its political campaigning. But the insurer says those costs are not...
