Upholds 2013 Order By Insurance Commissioner Requiring Mercury Casualty Co. To Lower Its Overall Homeowner's Rates By 5.4%
Monday, February 13, 2017
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Santa Monica, CA—In a published decision issued Friday afternoon, the California Court of Appeal in Sacramento has rejected a sweeping legal assault brought by Mercury Casualty Co. and insurance industry lobbying groups against Proposition 103, the landmark insurance reform law that has saved California consumers over $100 billion since voters passed it in 1988.
