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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 ...
It was followed by Liberty Mutual with $908 million, CSAA Insurance Exchange with $895 million and Mercury Insurance with $839 million. Other insurers with over $700 million in California ...
However, she noted that Mercury Insurance — which recently announced it started writing insurance again in Paradise — and Farmers Insurance, which said last month it is increasing the number ...
Mercury offices opened in Northern California by 1968. [7] 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.
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