| Mercury Insurance Details the Top Factors That Could Affect Your Car Insurance Rates |
Driving Record, Age and Vehicle Type Are Major Considerations LOS ANGELES , May 15, 2025 /PRNewswire/ -- Prices for just about everything are on the rise these days, and unfortunately, that includes car insurance. Now more than ever, consumers are looking for ways to lower their auto insurance premiums. |
prnewswire.com |
2025-05-15 16:00:00 |
Czytaj oryginał (ang.) |
| Mercury General: Rebuilding Its Capital Quickly After LA Wildfires |
I remain bullish on Mercury General due to consistent underwriting profits and regulatory tailwinds driving double-digit rate increases. MCY has rebuilt its capital base faster than expected, with strong combined ratios in personal auto and homeowners sectors. Despite wildfire impacts, 1Q 2025 earnings showed a 10% y/y growth in net premiums and a 25% increase in investment income. |
seekingalpha.com |
2025-05-15 02:11:57 |
Czytaj oryginał (ang.) |
| Mercury General: Still Smoldering From California Fires, But A Rebound May Be Brewing |
In January 2025, Mercury General faced significant uncertainties due to multiple wildfires in California, causing billions in losses. Investors feared that smaller insurers like Mercury might struggle to survive without capital injections, dividend cuts, or debt issuance. While the insurance carrier was on good track to deliver steady results for FY2025, the California fires deteriorated an already-weak situation. |
seekingalpha.com |
2025-05-14 08:42:48 |
Czytaj oryginał (ang.) |
| Mercury Insurance Shares How to Prepare for an Evacuation During Wildfire Season |
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. |
prnewswire.com |
2025-05-09 16:00:00 |
Czytaj oryginał (ang.) |
| Mercury General Q1 Loss Narrower Than Expected, Revenues Rise Y/Y |
MCY's Q1 results reflect higher net premiums earned and average invested assets, offset by wider catastrophe losses and higher expenses. |
zacks.com |
2025-05-07 15:11:06 |
Czytaj oryginał (ang.) |
| Mercury General (MCY) Reports Q1 Loss, Lags Revenue Estimates |
Mercury General (MCY) came out with a quarterly loss of $2.29 per share versus the Zacks Consensus Estimate of a loss of $4. This compares to earnings of $0.78 per share a year ago. |
zacks.com |
2025-05-06 22:50:31 |
Czytaj oryginał (ang.) |
| Mercury General Corporation Announces First Quarter Results and Declares Quarterly Dividend |
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 (1) These measures are not based on U.S. generally accepted accounting principles ("GAAP"), are defined in "Information Regarding GAAP and Non-GAAP Measures" and are reconciled to the most directly comparable GAAP measures in "Supplemental Schedules." (2) Net premiums earned and net premiums written for the three months ended March 31, 2025 include $76 million and $127 million, respectively, of increased ceded reinsurance premiums due to the Company's reinsurance treaty being fully used up and from the reinstatement of the Company's catastrophe reinsurance benefits following the Southern California wildfires in January 2025. |
prnewswire.com |
2025-05-06 20:05:00 |
Czytaj oryginał (ang.) |
| Mercury Insurance Offers Eco-Friendly Home Tips That Benefit You and the Planet |
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. |
prnewswire.com |
2025-04-30 16:00:00 |
Czytaj oryginał (ang.) |
| Smart Car Shopping: Tips to Find the Right Ride for You |
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. |
prnewswire.com |
2025-04-28 16:00:00 |
Czytaj oryginał (ang.) |
| Distracted Driving Awareness Month: Mercury Insurance Offers Driving Tips That Could Save Lives |
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. |
prnewswire.com |
2025-04-25 16:00:00 |
Czytaj oryginał (ang.) |
| Is Mercury General (MCY) Stock Undervalued Right Now? |
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. |
zacks.com |
2025-04-23 14:45:54 |
Czytaj oryginał (ang.) |
| Mercury Insurance Named to Forbes' America's Best Employers 2025 List |
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. |
prnewswire.com |
2025-04-16 16:00:00 |
Czytaj oryginał (ang.) |
| MCY Lags Industry, Trades at a Discount: What Should Investors Do Now? |
Mercury General stock gains from rate increases, higher average invested assets, financial flexibility, favorable estimates and attractive valuation. |
zacks.com |
2025-04-15 14:05:42 |
Czytaj oryginał (ang.) |
| MERCURY GENERAL CORPORATION TO REPORT FIRST QUARTER RESULTS ON MAY 6, 2025 |
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. |
prnewswire.com |
2025-04-14 16:39:00 |
Czytaj oryginał (ang.) |
| Road Tripping in an EV? Mercury Insurance Advises How to Prepare |
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. |
prnewswire.com |
2025-04-09 16:00:00 |
Czytaj oryginał (ang.) |
| Mercury Insurance Offers Homeowners Recommendations on Tax Deductions That Could Save You Thousands |
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. |
prnewswire.com |
2025-04-03 16:00:00 |
Czytaj oryginał (ang.) |
| Mercury General: Wildfires, Reform And Opportunity |
Despite a sharp stock drop from the January 2025 wildfires, the market overreacted; actual losses are manageable, and a significant upside remains. Regulatory reforms and rate increases approved by the California Department of Insurance will enhance MCY's profitability and market share. The potential monetization of subrogation claims could meaningfully reduce net wildfire losses and unlock non-dilutive value. |
seekingalpha.com |
2025-04-01 17:09:30 |
Czytaj oryginał (ang.) |
| Bodily Injury Costs Increase in Georgia, According to Mercury Insurance |
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). |
prnewswire.com |
2025-03-31 16:00:00 |
Czytaj oryginał (ang.) |
| Mercury Insurance Explains How Uninsured Drivers Affect Insurance Costs and How You Can Protect Yourself |
14% of U.S. Drivers Do Not Have Auto Insurance LOS ANGELES , March 27, 2025 /PRNewswire/ -- A greater number of Americans are getting behind the wheel without auto insurance, raising costs for all drivers across the country. From 2019 to 2022, the percentage of uninsured motorists grew from 11% to 14% according to the Insurance Research Council, which translates to approximately 1 in 7 drivers in the U.S. According to Bankrate, the average cost of full coverage car insurance is roughly $205 per month as of November 2024. |
prnewswire.com |
2025-03-27 14:00:00 |
Czytaj oryginał (ang.) |
| Mercury General (MCY) Up 0.2% Since Last Earnings Report: Can It Continue? |
Mercury General (MCY) reported earnings 30 days ago. What's next for the stock? |
zacks.com |
2025-03-13 15:11:05 |
Czytaj oryginał (ang.) |
| Is the Options Market Predicting a Spike in Mercury General (MCY) Stock? |
Investors need to pay close attention to Mercury General (MCY) stock based on the movements in the options market lately. |
zacks.com |
2025-02-24 12:40:29 |
Czytaj oryginał (ang.) |
| Mercury General Q4 Earnings Top on Higher Net Investment Income |
MCY's Q4 results reflect improved net premiums and higher average invested assets and cash, partially offset by wider catastrophe losses. |
zacks.com |
2025-02-13 11:15:27 |
Czytaj oryginał (ang.) |
| Mercury General Corporation (MCY) Q4 2024 Earnings Call Transcript |
Mercury General Corporation (NYSE:MCY ) Q4 2024 Earnings Call February 12, 2025 12:00 PM ET Company Participants Gabriel Tirador - Chief Executive Officer Victor Joseph - President and Chief Operating Officer Ted Stalick - Senior Vice President and Chief Financial Officer Chris Graves - Vice President and Chief Investment Officer Jeff Schroeder - Chief Product Officer Conference Call Participants Gregory Peters - Raymond James Guy Baron - Springview Prem Nainani - Aplomado Advisors Ian Holland - Private Investor Dan David - Wolfpack Research Operator Good morning and welcome to the Mercury General Corporation's Fourth Quarter 2024 Conference Call. [Operator Instructions] Please note this event is being recorded. |
seekingalpha.com |
2025-02-12 20:48:32 |
Czytaj oryginał (ang.) |
| Mercury General (MCY) Q4 Earnings and Revenues Beat Estimates |
Mercury General (MCY) came out with quarterly earnings of $2.78 per share, beating the Zacks Consensus Estimate of $0.64 per share. This compares to earnings of $1.15 per share a year ago. |
zacks.com |
2025-02-11 20:26:11 |
Czytaj oryginał (ang.) |
| Mercury General Corporation Announces Fourth Quarter and Fiscal 2024 Results and Declares Quarterly Dividend |
LOS ANGELES , Feb. 11, 2025 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today the fourth quarter and fiscal 2024 results: Consolidated Highlights Three Months Ended December 31, Change Twelve Months Ended December 31, Change 2024 2023 $ % 2024 2023 $ % (000's except per-share amounts and ratios) Net premiums earned $ 1,352,101 $ 1,144,895 $ 207,206 18.1 % $ 5,075,456 $ 4,274,378 $ 801,078 18.7 % Net premiums written (1) $ 1,314,933 $ 1,132,150 $ 182,783 16.1 % $ 5,378,310 $ 4,464,199 $ 914,111 20.5 % Net realized investment (losses) gains, net of tax (2) $ (52,823) $ 127,810 $ (180,633) (141.3) % $ 70,050 $ 79,801 $ (9,751) (12.2) % Net income $ 101,068 $ 191,394 $ (90,326) (47.2) % $ 467,953 $ 96,336 $ 371,617 385.8 % Net income per diluted share $ 1.82 $ 3.46 $ (1.64) (47.4) % $ 8.45 $ 1.74 $ 6.71 385.6 % Operating income (1) $ 153,891 $ 63,584 $ 90,307 142.0 % $ 397,903 $ 16,535 $ 381,368 2,306.4 % Operating income per diluted share (1) $ 2.78 $ 1.15 $ 1.63 141.7 % $ 7.19 $ 0.30 $ 6.89 2,296.7 % Catastrophe losses net of reinsurance (3) $ 41,000 $ 16,000 $ 25,000 156.3 % $ 277,000 $ 239,000 $ 38,000 15.9 % Combined ratio (4) 91.4 % 98.6 % — (7.2) pts 96.0 % 105.4 % — (9.4) pts (1) These measures are not based on U.S. generally accepted accounting principles ("GAAP"), are defined in "Information Regarding GAAP and Non-GAAP Measures" and are reconciled to the most directly comparable GAAP measures in "Supplemental Schedules." (2) Net realized investment (losses) gains before tax were $(67) million and $162 million for the three months ended December 31, 2024 and 2023, respectively, and $89 million and $101 million for the twelve months ended December 31, 2024 and 2023, respectively. |
prnewswire.com |
2025-02-11 18:05:00 |
Czytaj oryginał (ang.) |
| What Should You Do With Mercury General Stock Ahead of Q4 Earnings? |
Risks related to geographical concentration, negative analysts' sentiment, and a probable decline in the bottom line keep us doubtful on MCY stock. |
zacks.com |
2025-02-10 13:21:17 |
Czytaj oryginał (ang.) |
| MERCURY GENERAL CORPORATION TO DISCUSS FOURTH QUARTER 2024 RESULTS AND THE RECENT SOUTHERN CALIFORNIA WILDFIRES ON FEBRUARY 12, 2025 |
(Follow-Up to January 24 th Press Release with Access Information) LOS ANGELES , Feb. 5, 2025 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) will host an investor conference call and webcast on February 12, 2025 at 9:00 A.M. Pacific Time (12:00 P.M. |
prnewswire.com |
2025-02-05 13:15:00 |
Czytaj oryginał (ang.) |
| Mercury Insurance Offers Essential Winter Car Preparation Tips |
Ensure your vehicle is ready to handle colder weather and challenging road conditions LOS ANGELES , Jan. 30, 2025 /PRNewswire/ -- As winter approaches, drivers face potential challenges like icy roads, freezing temperatures and reduced visibility. Taking steps to winterize your car can help ensure your safety and prevent costly repairs. |
prnewswire.com |
2025-01-30 14:00:00 |
Czytaj oryginał (ang.) |
| MERCURY GENERAL CORPORATION TO DISCUSS FOURTH QUARTER 2024 RESULTS AND THE RECENT SOUTHERN CALIFORNIA WILDFIRES ON FEBRUARY 12, 2025 |
LOS ANGELES , Jan. 24, 2025 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) will host an investor conference call and webcast on February 12, 2025, at 9:00 A.M. Pacific Time (12:00 P.M. |
prnewswire.com |
2025-01-24 18:25:00 |
Czytaj oryginał (ang.) |
| MERCURY GENERAL CORPORATION TO REPORT FOURTH QUARTER RESULTS ON FEBRUARY 11, 2025 |
LOS ANGELES , Jan. 22, 2025 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today that after the markets close on Tuesday, February 11, 2025, the Company will issue an earnings press release reporting its results for the fourth quarter of 2024, and will also file its annual report on Form 10-K with the Securities and Exchange Commission. The earnings press release should be read in conjunction with the Company's annual report on Form 10-K. |
prnewswire.com |
2025-01-22 11:00:00 |
Czytaj oryginał (ang.) |
| Safety Insurance Vs. Mercury General: A Tale Of Two Insurers |
Safety Insurance shows improvement but still struggles with underwriting losses; maintaining a "HOLD" rating due to ongoing challenges and valuation concerns. Mercury General has turned a corner with better underwriting results, but California wildfires pose significant risks to its recovery. Safety Insurance's dividend remains secure, supported by investment income, but the focus should be on improving underwriting margins. |
seekingalpha.com |
2025-01-21 19:25:34 |
Czytaj oryginał (ang.) |
| Mercury General Corporation Provides Additional Information Regarding Recent Wildfires in Southern California and Its Reinsurance Program |
LOS ANGELES , Jan. 20, 2025 /PRNewswire/ -- Mercury General Corporation (the "Company" or "Mercury") is providing more information about the recent Southern California Wildfires, known as the Palisades and Eaton fires (collectively, the "Wildfires"), and the Company's reinsurance program. Most of the affected areas are closed due to ongoing hazardous conditions. |
prnewswire.com |
2025-01-20 11:00:00 |
Czytaj oryginał (ang.) |
| Mercury General: Should You Buy The Dip? |
Mercury General Corporation faces significant exposure to LA wildfires due to its high concentration of homeowners insurance in California. Despite the potential $251 million hit, Mercury's reinsurance coverage and strategic risk management ensure solvency and future profitability. The recent 16% MCY stock price dip appears to be an overreaction, presenting a tactical buying opportunity. |
seekingalpha.com |
2025-01-17 18:54:48 |
Czytaj oryginał (ang.) |
| Mercury Insurance Gives Update on Primary Mission: Helping Policyholders Affected by the Southern California Wildfires |
Company Stands With Californians as They Begin Their Rebuilding Efforts LOS ANGELES , Jan. 17, 2025 /PRNewswire/ -- Mercury Insurance is providing comprehensive support to its customers impacted by the ongoing Los Angeles area wildfires. The company is prioritizing the timely handling of claims, providing immediate financial support, and helping insureds through the claims process. |
prnewswire.com |
2025-01-17 18:01:00 |
Czytaj oryginał (ang.) |
| Insurance Fallout Of The California Fires |
Climate change and extreme weather events, particularly wildfires, are increasingly impacting the profitability of Property & Casualty insurance companies. Insurance companies are adapting by raising prices, being more selective in underwriting, or exiting high-risk markets like California due to severe losses and regulatory constraints. The recent LA wildfires are expected to be the costliest in U.S. history, significantly impacting insurers, especially Mercury General, due to its high concentration in California. |
seekingalpha.com |
2025-01-16 11:05:04 |
Czytaj oryginał (ang.) |
| California Wildfires, Mercury General's Opportunity Amid Crisis (Rating Upgrade) |
The Los Angeles wildfires, while tragic, may present an opportunity for Mercury General due to potential market exits by other insurers and possible price increases. Mercury General's exposure to auto insurance, along with its reinsurance coverage, suggests it can absorb the wildfire losses, estimated at $150 million pre-tax. Despite potential risks like increased reinsurance costs and regulatory changes, Mercury General is positioned for growth and higher premiums post-wildfires. |
seekingalpha.com |
2025-01-16 10:29:05 |
Czytaj oryginał (ang.) |
| Mercury General Corporation Provides Preliminary Information Regarding Recent Wildfires in Southern California |
LOS ANGELES , Jan. 10, 2025 /PRNewswire/ -- Mercury General Corporation (the "Company," "Mercury" or "We") announced today its preliminary assessment of the impact of the recent wildfires in Southern California. An extreme wind-driven wildfire event that began on January 7, 2025 has caused widespread damage across parts of Southern California. |
prnewswire.com |
2025-01-10 11:05:00 |
Czytaj oryginał (ang.) |
| Mercury General Stock Craters. Why the Insurer Is Bearing the Brunt of the L.A. |
Almost 80% of the insurer's premiums of $4.6 billion last year came from California, leaving it highly exposed to the blaze. |
barrons.com |
2025-01-10 10:43:00 |
Czytaj oryginał (ang.) |
| Mercury Insurance is Ready to Help Victims of the Wildfires in Southern California |
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 , Jan. 8, 2025 /PRNewswire/ -- The recent Santa Ana wind conditions have sparked wildfires across Southern California, forcing local authorities to issue mandatory evacuation orders for tens of thousands of residents across the region. 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. |
prnewswire.com |
2025-01-08 16:54:00 |
Czytaj oryginał (ang.) |
| Mercury Becomes First Major Insurance Company to Return to Paradise California as City's Rebuilding Efforts Gain Momentum |
Innovative City Planning and State Officials' Leadership Pave the Way for Mercury Insurance to Begin Offering Homeowners Coverage to Paradise Residents in the Wake of Catastrophic Wildfire PARADISE, Calif. , Jan. 7, 2025 /PRNewswire/ -- Mercury Insurance (NYSE: MCY), a leading provider of property and casualty insurance, announced today that the company will begin writing new homeowners insurance policies in the town of Paradise, CA. |
prnewswire.com |
2025-01-07 14:00:00 |
Czytaj oryginał (ang.) |
| 3 Top Stocks With Earnings Acceleration to Buy in 2025 |
Genesco, Lands' End and Mercury General are exhibiting strong earnings acceleration. |
zacks.com |
2025-01-03 18:11:30 |
Czytaj oryginał (ang.) |
| Should Value Investors Buy Mercury General (MCY) Stock? |
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. |
zacks.com |
2025-01-01 12:51:27 |
Czytaj oryginał (ang.) |
| Buy These 5 Insurance Stocks That Zoomed Past S&P 500 in 2024 |
Insurance stocks MCY, ALL, CNO, PRI and UNM outperform the Zacks S&P 500 Composite and crush the market and the Finance sector. |
zacks.com |
2024-12-27 12:51:12 |
Czytaj oryginał (ang.) |
| 3 P&C Insurance Stocks That Have Gained More Than 50% in 2024 |
Despite higher catastrophe losses, MCY, AXS and PLMR not only outperforms the industry but also crushes the Zacks S&P 500 composite and the Finance sector. |
zacks.com |
2024-12-24 13:21:17 |
Czytaj oryginał (ang.) |
| Anaheim Ducks Game Day Just Got A Whole Lot More Exciting! |
Mercury Insurance and Ducks Launch Pro Tip Trivia Game to Provide Fans with Helpful Life Pro Tips; Winners Will Receive Ducks Jerseys LOS ANGELES , Dec. 18, 2024 /PRNewswire/ -- How often should you reapply your sunblock? Every five hours, two hours or 30 minutes? |
prnewswire.com |
2024-12-18 14:00:00 |
Czytaj oryginał (ang.) |
| Bodily Injury Costs Increase in Arizona, According to Mercury Insurance |
Mercury's New Umbrella Insurance Better Protects Arizonans' Personal Wealth Against Bodily Injury Claims LOS ANGELES , Dec. 16, 2024 /PRNewswire/ -- Multi-vehicle crashes, dog bites or a delivery person being injured on your property are some of the unexpected events that are putting Arizonans' 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). |
prnewswire.com |
2024-12-16 14:00:00 |
Czytaj oryginał (ang.) |
| 4 Growth Stocks From P&C Insurance Space to Enhance Your Portfolio |
Given the prospects of the Property and Casualty Insurance industry, ALL, TRV, ROOT and MCY have the potential to generate better returns than other player. |
zacks.com |
2024-12-04 11:05:35 |
Czytaj oryginał (ang.) |
| Finding the Best Value Stocks to Buy in December |
Showing investors how to screen for stocks that offer the potentially winning combination of impressive value and improving earnings outlooks to buy in December and 2025. |
zacks.com |
2024-12-03 18:50:18 |
Czytaj oryginał (ang.) |
| Mercury General Corporation (MCY) Soars to 52-Week High, Time to Cash Out? |
Mercury General (MCY) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues. |
zacks.com |
2024-12-02 16:36:19 |
Czytaj oryginał (ang.) |
| Mercury Insurance and Los Angeles Kings Unveil Hockeywood Wall of Fame to Honor Community Heroes |
New Initiative Celebrates Everyday Champions Making a Positive Impact in Los Angeles LOS ANGELES , Nov. 19, 2024 /PRNewswire/ -- Mercury Insurance, in partnership with the Los Angeles Kings, has launched the Hockeywood Wall of Fame – a dynamic initiative dedicated to honoring the unsung heroes of our vibrant Los Angeles community. Housed at the Toyota Sports Performance Center, the wall was officially unveiled at a launch event on Sunday, Nov. 17,* which featured LA Kings stars Anze Kopitar, Trevor Lewis and Kevin Fiala, as well as executives from Mercury Insurance and the LA Kings, who inducted the inaugural members, including Kendal Troutman, founder of Thru Guidance Ministries and 24 Degrees of Color. |
prnewswire.com |
2024-11-19 14:00:00 |
Czytaj oryginał (ang.) |
| Are You Looking for a Top Momentum Pick? Why Mercury General (MCY) is a Great Choice |
Does Mercury General (MCY) have what it takes to be a top stock pick for momentum investors? Let's find out. |
zacks.com |
2024-11-14 15:00:37 |
Czytaj oryginał (ang.) |
| Mercury Insurance Shares Essential Tips for Preparing Your Home for Fall |
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. |
prnewswire.com |
2024-11-13 16:00:00 |
Czytaj oryginał (ang.) |
| Mercury General Corporation (MCY) Hits Fresh High: Is There Still Room to Run? |
Mercury General (MCY) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues. |
zacks.com |
2024-11-11 12:21:25 |
Czytaj oryginał (ang.) |
| Mercury Insurance is Ready to Help Victims of the Mountain Fire in California |
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. |
prnewswire.com |
2024-11-08 16:00:00 |
Czytaj oryginał (ang.) |
| Mercury Insurance and Los Angeles Kings Come Together to Spice Up the Season for Fans Inside and Outside Crypto.com Arena |
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. |
prnewswire.com |
2024-11-07 14:00:00 |
Czytaj oryginał (ang.) |
| Should Value Investors Buy Mercury General (MCY) Stock? |
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. |
zacks.com |
2024-11-07 12:45:38 |
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| Can Mercury General (MCY) Run Higher on Rising Earnings Estimates? |
Mercury General (MCY) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions. |
zacks.com |
2024-11-06 15:20:23 |
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| Mercury General: Turning Lead Into Gold |
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, Mercury's combined ratio improved, achieving positive underwriting income and a combined ratio of 98.9% by Q2, reflecting the success of rate adjustments and underwriting improvements. |
seekingalpha.com |
2024-10-31 16:26:35 |
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| Mercury Insurance and the Anaheim Ducks Make Live Hockey More Inclusive and Accessible for All Fans This Season |
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. |
prnewswire.com |
2024-10-30 14:38:00 |
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| Mercury General (MCY) Q3 Earnings and Revenues Top Estimates |
Mercury General (MCY) came out with quarterly earnings of $2.54 per share, beating the Zacks Consensus Estimate of $1.15 per share. This compares to earnings of $1.14 per share a year ago. |
zacks.com |
2024-10-29 20:26:11 |
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