U.S. Supreme Rules Against Insurer’s Appeal Challenging Profits in Rate Setting

The U.S. Supreme Court on Tuesday declined to hear Mercury Insurance Co.’s appeal to overturn a February 2017 California Court of Appeal ruling that held Insurance Commissioner Dave Jones’ 2013 order requiring the insurer to reduce its homeowner insurance rates …

from News – Insurance Journal http://ift.tt/2EUq6AR
via IFTTT