Mercury General faced operational challenges and high loss ratios in 2022, compounded by a dividend reduction that resulted in the loss of its "dividend aristocrat" status. In response to these challenges, Mercury launched remediation efforts in 2023 focused on improving underwriting margins, especially in California, where adverse conditions significantly impacted profitability. By mid-2024, M...
Mercury to Launch New Offer to Reward and Include Every Fan LOS ANGELES , Oct. 30, 2024 /PRNewswire/ -- Mercury Insurance (NYSE: MCY) and the Anaheim Ducks are thrilled to announce the revival of their popular Get a Quote/Get 2 Tickets promotion, aimed at giving more fans the chance to see a game at Honda Center this season. Not only could fans save money while enjoying the thrill of live hocke...
LOS ANGELES , Oct. 29, 2024 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today for the third quarter of 2024: Consolidated Highlights Three Months Ended September 30, Change Nine Months Ended September 30, Change 2024 2023 $ % 2024 2023 $ % (000's except per-share amounts and ratios) Net premiums earned $ 1,320,652 $ 1,090,311 $ 230,341 21.1 $ 3,723,355 $ 3,129,483 $ ...
Top Home and Auto Safety Tips to Keep in Mind Ahead of the Spooky Season LOS ANGELES , Oct. 28, 2024 /PRNewswire/ -- Ghosts, goblins and ghouls will soon be taking to the streets as Halloween festivities commence. Mercury Insurance (NYSE: MCY) wants to help keep you, your loved ones and your property safe to avoid any unnecessary scares that might be lurking.
LOS ANGELES , Oct. 8, 2024 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today that after the markets close on Tuesday, October 29, 2024, the Company will issue an earnings press release reporting its results for the third quarter of 2024, and will also file its quarterly report on Form 10-Q with the Securities and Exchange Commission. The earnings press release should be rea...
Policyholders can report claims anytime at (800) 503-3724 or via Mercury's automated digital experience LOS ANGELES , Sept. 27, 2024 /PRNewswire/ -- Mercury Insurance is ready to assist policyholders who have been impacted by Hurricane Helene in Georgia.
Policyholders can report claims anytime at (800) 503-3724 or via Mercury's automated digital experience LOS ANGELES , Sept. 27, 2024 /PRNewswire/ -- Mercury Insurance is ready to assist policyholders who have been impacted by Hurricane Helene across the Florida Panhandle area.
EVs Offer Lower Operating Costs Compared With ICE and Hybrid Vehicles, but Cost More to Insure LOS ANGELES , Sept. 23, 2024 /PRNewswire/ -- With a variety of powertrain options on the market, consumers who are shopping for a new vehicle have a lot to mull over these days.
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