Mercury Insurance Preparing Homeowners Insurance Rate Filing that Will Broaden Coverage Availability for California Consumers

  • Commissioner Lara's Sustainable Insurance Strategy paves way for science-based risk modeling that will build the foundation for a stronger insurance marketplace LOS ANGELES , July 25, 2025 /PRNewswire/ -- Mercury Insurance (NYSE: MCY), a leading provider of property and casualty insurance, is preparing a homeowners insurance rate filing using the California Department of Insurance's (CDI) recently approved Verisk Wildfire Model. The move is a direct result of the ongoing implementation of Commissioner Lara's Sustainable Insurance Strategy, which the company believes will provide California homeowners with more insurance options and lead to a more resilient insurance marketplace.