Mercury General Corporation

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CUSIP

589400100
SEDOL

2578464
CIK

0000064996

www.mercuryinsurance.com
LEI:
FIGI: BBG000F1C7F5
MCY

Mercury General Corporation
GICS: - · Sektor: Financial Services · Sub-Sektor: Insurance - Property & Casualty
NAME
Mercury General Corporation
ISIN
US5894001008
TICKER
MCY
MIC
XNYS
REUTERS
MCY.N
BLOOMBERG
MCY US
GIF DE 728x90
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Börsenhandel Warrants

Der X-News Explorer ist die ultimative Informationsquelle für börsenaffine Anleger, die sich schnell und komfortabel einen Überblick über die aktuelle Nachrichtenlage eines börsennotierten Unternehmens verschaffen möchten. Ihnen stehen hier verschiedene Newswire-Services zur Verfügung. Wird ein News-Alert angezeigt, liegen Unternehmensnachrichten vor, die Sie möglicherweise interessieren könnten. Dieser Service wird Ihnen von PR-Newswire bereitgestellt.

Mi., 13.11.2024       Mercury General
US5894001008

As cooler weather approaches, homeowners are encouraged to take steps to ensure their homes are ready for the changing season

LOS ANGELES, Nov. 13, 2024 /PRNewswire/ -- With fall upon us, homeowners may find themselves busy with seasonal chores such as raking leaves and putting away summer furniture. However, it's also a crucial time to prepare your home for the cooler months ahead and reduce potential risks associated with the season. Mercury Insurance (NYSE: MCY) has compiled a list of important home maintenance tips to help homeowners safeguard their property and enjoy a worry-free autumn.

Fr., 08.11.2024       Mercury General
US5894001008

Company prepared to assist policyholders who have suffered home or auto loss, need living expenses reimbursement or to file a claim for covered losses

LOS ANGELES, Nov. 8, 2024 /PRNewswire/ -- The recent Santa Ana wind conditions have sparked a wildfire across Camarillo, forcing local authorities to issue mandatory evacuation orders for more than 10,000 residents in that Southern California community. Mercury Insurance is prepared to assist homeowner, renter and auto policyholders who have had to evacuate in response to those orders or whose property has suffered fire damage.

Do., 07.11.2024       Mercury General
US5894001008

New Activations Bring the Game Alive for Fans at the Game and at Home

LOS ANGELES, Nov. 7, 2024 /PRNewswire/ -- Mercury Insurance (NYSE: MCY) is making sure that no Los Angeles Kings fan is left behind this season, launching a wave of exciting new activations with big fan rewards that include game tickets and even a brand new home jersey. And for the first time, all of this happens for the fans inside Crypto.com Arena AND those watching at home.

"For Kings fans, being in Crypto.com Arena can turn into an unforgettable experience, full of emotion and amazing moments shared with family, friends or even the random person sitting next to you," said Erik Thompson, VP & CMO, Mercury Insurance. "We're thrilled to bring fans even closer to the Kings this season with new ways to connect, whether they're watching in the arena or from home."

Mi., 30.10.2024       Mercury General
US5894001008

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 hockey, but the two organizations have also added an exciting new twist to this beloved promotion.

Launching in November, the program rewards fans who complete an online Mercury auto insurance quote with two tickets to an upcoming Ducks game. This season, however, Mercury will also donate two additional tickets to the Anaheim Ducks Foundation, which will be distributed to fans who may not have the means to purchase tickets so they can experience the excitement of live Ducks hockey.

Di., 29.10.2024       Mercury General
US5894001008

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

$  593,872

19.0

Net premiums written (1) 

$  1,422,933

$  1,206,503

$  216,430

17.9

$  4,063,377

$  3,332,049

$  731,328

21.9

Net realized investment gains (losses), net of tax (2)

$    90,412

$   (71,101)

$  161,513

NM

$  122,873

$   (48,010)

$  170,883

NM

Net income (loss) (3)

$  230,856

$    (8,227)

$  239,083

NM

$  366,886

$   (95,058)

$  461,944

NM

Net income (loss) per diluted share (3)

$       4.17

$      (0.15)

$       4.32

NM

$       6.63

$      (1.72)

$       8.35

NM

Operating income (loss) (1) (3)

$  140,444

$    62,874

$    77,570

123.4

$  244,013

$   (47,048)

$  291,061

NM

Operating income (loss) per diluted share (1) (3)

$       2.54

$       1.14

$       1.40

122.8

$       4.41

$      (0.85)

$       5.26

NM

Catastrophe losses net of reinsurance (4)

$    39,000

$    33,000

$     6,000

18.2

$  236,000

$  223,000

$    13,000

5.8

Combined ratio (5)

93.6 %

98.6 %

      (5.0)   pts

97.6 %

107.9 %

        (10.3)        pts

Mo., 28.10.2024       Mercury General
US5894001008

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.

"Halloween is a great time to gather with friends and family, but it can also wreak havoc on your home and property if you aren't prepared," said Bonnie Lee, vice president of property claims at Mercury Insurance. "Homeowners should stay vigilant by taking precautionary measures around their homes and checking their policies to ensure they are updated."

Di., 08.10.2024       Mercury General
US5894001008

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 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.

Fr., 27.09.2024       Mercury General
US5894001008

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. Customers can report damages and losses anytime through Mercury's claims hotline at (800) 503-3724 or digitally by visiting https://www.mercuryinsurance.com/claims/residence-claim.html.

"We recognize that the recovery process after a hurricane such as Helene can be a difficult and emotional time. However, the Mercury claims team is here for our Florida customers impacted by the severe weather," says Kevin Quinn, Vice President, Auto Claims at Mercury Insurance.

Fr., 27.09.2024       Mercury General
US5894001008

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. Customers can report damages and losses anytime through Mercury's claims hotline at (800) 503-3724 or digitally by visiting https://www.mercuryinsurance.com/claims/residence-claim.html.

"We recognize that the recovery process after a hurricane such as Helene can be a difficult and emotional time. However, the Mercury claims team is here for our Georgia customers impacted by the severe weather," says Bonnie Lee, Vice President, Property Claims at Mercury Insurance.

Mi., 25.09.2024       Mercury General
US5894001008

Mercury Recognized by Publication for Workplace Culture for the First Time

LOS ANGELES, Sept. 25, 2024 /PRNewswire/ -- Mercury Insurance has been named by U.S. News & World Report as one of the 2024-25 Best Companies to Work For. The recognition by the national publication is a first for Mercury.

"We are deeply honored to be recognized as one of the top companies in the country by U.S. News & World Report. It's a reflection of our dedication to evolving with our team members' needs," stated Heidi Sullivan Lopez, Vice President, Chief Human Capital Officer for Mercury. "We prioritize our people's growth and well-being, ensuring they have the resources to thrive both personally and professionally. Seeing so many of our team members choose to stay with us for years is a testament to the supportive environment we've built—one that feels more like a family than just a workplace."

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