Mercury Expects to Lose $1.6B to $2B From LA Wildfires February 13, 2025 By Susanne Sclafane Although Mercury Insurance Group expects gross losses from the 2025 California wildfires in the $1.6 billion-$2.0 billion range, potential subrogation...
Fitch Revises Mercury’s Outlook to Negative January 24, 2025 Fitch Ratings said in an outlook revision that it expects Mercury General Corp.’s credit profile will withstand the impact of...
Mercury General in California Reports 1Q Loss of $139M May 5, 2020 Mercury General Corp. this week reported a first-quarter loss of $139.2 million, after reporting a profit in the same period...
AM Best Downgrades Ratings of Mercury in California, Wildfires a Factor December 12, 2018 AM Best has downgraded the Financial Strength Rating (FSR) to A (Excellent) from A+ (Superior) and the Long-Term Issuer Credit...
Southern California-based Mercury Corp.’s 3Q Net Premiums Up 3.4% October 29, 2012 Mercury General Corp.’s net premiums written for the third quarter rose 3.4 percent to more than $684 million, the Los...
Consumer Group Hammers Mercury Rate Increase Filing in California December 22, 2011 By Don Jergler A California consumer group is challenging a rate hike bid by Mercury Insurance because the group claims the company is...
Mercury General to Report Q2 Results on August 1 July 12, 2011 Los Angeles-based Mercury General Corp. reported that on August 1, it will release results for its second quarter ended June...
Mercury General Reports Modest Increase in Net Premiums May 2, 2011 Los Angeles-based Mercury General Corp. has reported net income in the first quarter 2011 was $58.2 million, compared with net...
Mercury Insurance Suffers $23.6M Net Loss February 8, 2011 Due in part to claims from California rainstorms and Florida sinkholes, Los Angeles-based Mercury Insurance reported a fourth quarter net...