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Tips to Help Families Stay Safe and Ready During Wildfire Awareness Month
LOS ANGELES, May 9, 2025 /PRNewswire/ -- In recognition of Wildfire Awareness Month, Mercury Insurance is sharing timely, practical guidance to help families prepare for potential evacuations. From building a go-bag to making a communication plan, these simple steps can help you act swiftly and decisively in the face of danger.
"Preparing for a wildfire evacuation involves several critical actions, and starting early is one of the best ways homeowners can protect their families and communities," said Kelly Butler, Vice President and Chief Underwriting Officer at Mercury Insurance. "Simple steps taken now can make all the difference later."
LOS ANGELES, May 6, 2025 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today for the first quarter of 2025:
Consolidated Highlights
Three Months Ended March 31,
Change
2025
2024
$
%
(000's except per-share amounts and ratios)
Net premiums earned (2)
$ 1,283,069
$ 1,166,679
$ 116,390
10.0
Net premiums written (1) (2)
$ 1,314,380
$ 1,284,984
$ 29,396
2.3
Net realized investment gains, net of tax (3)
$ 18,424
$ 30,172
$ (11,748)
(38.9)
Net (loss) income
$ (108,327)
$ 73,462
$ (181,789)
(247.5)
Net (loss) income per diluted share
$ (1.96)
$ 1.33
$ (3.29)
(247.4)
Operating (loss) income (1)
$ (126,751)
$ 43,290
$ (170,041)
(392.8)
Operating (loss) income per diluted share (1)
$ (2.29)
$ 0.78
$ (3.07)
(393.6)
Catastrophe losses net of reinsurance (4)
$ 447,000
$ 72,000
$ 375,000
520.8
Combined ratio (5)
119.2 %
100.9 %
—
18.3 pts
Earth Month is the Perfect Time to Start Living Sustainably
LOS ANGELES, April 30, 2025 /PRNewswire/ -- Reducing your carbon footprint and creating an environmentally friendly living space starts at home — literally. From building materials and appliances to water filtration systems, there are a number of ways you can upgrade your home and make a positive impact on the environment, your health and your wallet.
A healthier home starts with evaluating what requires routine maintenance and what products can be replaced with eco-friendly alternatives.
A guide to budgeting, researching and choosing a vehicle that fits your life and wallet
LOS ANGELES, April 28, 2025 /PRNewswire/ -- Shopping for a new or used vehicle requires a great deal of research encompassing many different considerations. Due to a number of factors — and according to PBS — the average length of car ownership has accelerated to almost 13 years, making your search for a new ride a rare and important "life experience."
To assist consumers who are in the market for a new vehicle, Mercury Insurance is offering some guidance to help choose a vehicle that best fits their needs and budget.
Safe Driving May Also Offer Savings on Auto Insurance
LOS ANGELES, April 25, 2025 /PRNewswire/ -- Each year, 1.19 million people are killed on roadways around the world, according to the U.S. Centers for Disease Control and Prevention. Traffic collisions are the leading cause of death for individuals ages five to 29. In a world inundated with technology and devices, distracted driving in particular is claiming thousands of lives.
Recognition Highlights Mercury's Commitment to Team Members Growth and Company Culture
LOS ANGELES, April 16, 2025 /PRNewswire/ -- Mercury Insurance has been awarded a spot on the Forbes list of America's Best Midsized Employers for 2025. This prestigious recognition is made in collaboration with Forbes and Statista, the world-leading statistics portal and industry ranking provider.
Forbes and Statista selected America's Best Midsized Employers 2025 through an independent survey from a vast sample of over 217,000 U.S. team members working for companies employing at least 1,000 people within the U.S. More than 6.5 million employer evaluations were considered.
LOS ANGELES, April 14, 2025 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today that after the markets close on Tuesday, May 6, 2025, the Company will issue an earnings press release reporting its results for the first quarter of 2025, and will also file its quarterly report on Form 10-Q with the Securities and Exchange Commission. The earnings press release should be read in conjunction with the Company's quarterly report on Form 10-Q.
Mercury General Corporation and its subsidiaries are a multiple line insurance organization offering predominantly personal automobile and homeowners insurance through a network of independent producers and direct-to-consumer sales in many states. For more information, visit the Company's website at http://www.mercuryinsurance.com.
Planning Out Charges and Reviewing Your Auto Insurance Policy are Essential
LOS ANGELES, April 9, 2025 /PRNewswire/ -- Although the adoption of electric vehicles (EVs) has slowed among consumers, millions of EVs are still being sold nationwide, many to first-time owners. As summer quickly approaches and road trip plans take shape, those traveling in an EV will need to do some extra preparation to ensure a smooth journey.
"It cannot be understated that to successfully travel in an EV, you must plan out your trip," said Steve Ward, Director, Strategic Planning and ERM at Mercury Insurance. "Mapping out stops around EV charging stations and taking the time to make sure your car is prepared by carefully checking your vehicle's components will help you avoid potential headaches."
Make a Checklist to Review with Your Tax Preparer
LOS ANGELES, April 3, 2025 /PRNewswire/ -- One of the most difficult parts of preparing your taxes is gathering all of the paperwork. If you own your home, that task is multiplied and even more important; one overlooked deduction can cost you thousands. With April 15 just around the corner, Mercury Insurance is providing a checklist so you are prepared when you sit down to do taxes or review with your CPA.
Most of us are accustomed to deducting our mortgage insurance, but with more people now working from home, it becomes even more important to make sure you are including all aspects related to that space. That might include everything from investment in energy saving upgrades like energy efficient windows, to your cell phone and computer equipment. Missing these items can cost you a great deal of money in the long run.
Mercury's New Umbrella Insurance Better Protects Georgians' Personal Wealth Against Bodily Injury Claims
LOS ANGELES, March 31, 2025 /PRNewswire/ -- Multi-vehicle crashes, dog bites or a delivery person being injured on your property are some of the unexpected events that are putting Georgians' personal financial health at risk. In fact, bodily injury payouts continue to climb year over year since the pandemic started, with the average amount for a liability claim increasing by 35%, according to Mercury Insurance (NYSE: MCY).