Mercury Insurance News
Mercury Seeks 6.9% Rate Increase in Filing Based on New Cat Modeling Regulation
Mercury Insurance said it has submitted a filing based on California's new regulation enabling catastrophe modeling to be included as a factor in ratemaking. The filing is reportedly the first to use ...
Most Affordable New Trucks, SUVs to Insure: Mercury Insurance
A new list of the most affordable new trucks and SUVs to insure in 2025 shows Chevrolet once again taking the top two truck spots, while Honda nabs four spots among the top 10 SUVs, according to ...
Mercury Insurance and Safeco Insurance to Transition California Customers and Agents
Mercury Insurance is partnering with Liberty Mutual Insurance on a plan to provide coverage for thousands of California Safeco Insurance customers impacted by a shift in Liberty Mutual's California ...
Mercury Insurance’s Climate Science Team Aims to Say ‘Yes’ to High-Risk Areas
Mercury Insurance, headquartered in Los Angeles, Calif., appointed Steve Bennett as its senior director of climate and catastrophe science. In this new position, Bennett will build and lead a team ...
Mercury Sees Subro, Re Recoveries Cutting Most of $1.6B+ Wildfire Losses
Although Mercury Insurance Group expects gross losses from the 2025 California wildfires in the $1.6 billion-$2.0 billion range, potential subrogation and reinsurance recoveries will drop the ...
Mercury General Gives Reinsurance Update: One or Two Events Still TBD
Mercury General provided updated information about its reinsurance program yesterday, reporting that whether losses from the Palisades and Eaton wildfires burning in California will be treated as one ...
Mercury General Wildfire Losses Will Hit Reinsurance Cover. One Event?
Mercury General Corporation said it expects losses from wildfires burning in California since Jan. 7 to exceed its $150 million reinsurance retention, without providing a specific dollar estimate of ...
Top 10 List of Most Affordable New Trucks and SUVs to Insure
A new list highlights the most affordable SUVs and trucks to insure, according to Mercury Insurance, a personal and commercial auto insurer in California. The insurer, provider of auto insurance in ...