Mercury General Corporation is expecting losses from the Los Angeles wildfires to exceed its insurance retention level of ...

AccuWeather experts revised their estimate of the damages from about $50 billion to between $135 billion and $150 billion.

Raymond James sees insured losses in the range of $11 billion to $17.5 billion and said the disaster could become the ...

Mercury Insurance, a leading provider of property and casualty insurance, announced today that the company will begin writing new homeowners insurance policies in the town of Paradise, California.

Watching Pacific Palisades burn, it may be hard to imagine the insurance industry thriving. But the severe weather of climate ...

Insurer Mercury General Corporation has said that it expects losses from the ongoing wildfires in Los Angeles, California ...

Shares of insurance companies, including Mercury General, Lemonade, and Kemper, fell Friday as investors assessed their exposure to the wildfires raging through Southern California.

The massive fires that have destroyed much of Pacific Palisades and demolished thousands of homes and structures in Los ...

Mercury Insurance will begin writing new homeowners insurance policies in Paradise, California, becoming the first major ...

Devastation could result in fewer coverage options for homeowners, with higher prices based on recent reforms.

The state’s insurance industry was reformed in late 2024 to promote coverage in disaster-prone areas. Tens of billions in ...

All ratings are determined solely by our editorial team. Mercury Insurance was founded in California in 1961 and named after the Roman god known for being fast and nimble. Founder George Joseph ...