Mercury Insurance
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Mercury Insurance to Broaden Coverage Availability for California Homeowners Through Rate Filing
Mercury Insurance plans to file a homeowners insurance rate request using the CDI’s Verisk Wildfire Model, aligning with Commissioner Lara’s Sustainable Insurance Strategy. This initiative aims to expand insurance accessibility in California. Mercury’s CEO, Gabriel Tirador, sees this as a significant advancement for broadening coverage options. Mercury previously offered new policies in Paradise, CA, after the Camp Fire, demonstrating a commitment to resilient communities. Mercury Insurance is a major multi-line insurance carrier operating in multiple states.