Consumer Watchdog

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Consumer Watchdog

Mercury Insurance gives $100,000 to Prop 93, watch for Pols to give back

A $100,000 contribution from Mercury Insurance[Related: State Insurance Commissione…][Related: Hold Health Insurance Indus…][Related: How Health Insurance Rate R…][Related: State Insurance Commissione…][Related: Hold Health Insurance Indus…][Related: How Health Insurance Rate R…] was just reported to one of the political committees supporting Prop 93 — the effort to extend current lawmakers terms.  Watch for legislation this year to allow Mercury to get out of a Court ruling they lost that proibits a scheme the company uses to hide certain charges so it looks like their rates are lower than the competition.  See 1/8/08 post: Will Mercury Insurance and Insurance Broker lobbyists try to change the rules in order to charge customers more?