August 16, 2019
Former California Insurance Commissioner Dave Jones
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Mercury Insurance Co. agreed to pay $41.2 million to the state to settle a 20-year legal dispute over fees charged to auto policy customers.
Wilshire Center-based Mercury General Corp. lost its bid to overturn a $27.6 million state fine over auto insurance surcharges as the state Supreme Court declined to review the case, the state Department of Insurance announced Aug. 15.