Insurance,
California Supreme Court
Aug. 16, 2019
Insurance company on the hook for $27M after state high court appeal fails
Mercury Insurance Company must pay $27.6 million in civil penalties for overcharging California drivers for auto insurance after the state Supreme Court declined to review the fine.
Mercury Insurance Co. must pay $27.6 million in civil penalties for overcharging California drivers for auto insurance after the state Supreme Court declined to review the fine.
It is the largest fine against a property and casualty insurer ever imposed by the California Department of Insurance, according to a statement emailed by the department Thursday.
The high court's late Wednesday decision ...
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