Two Hyundai products top this year's list LOS ANGELES, July 12, 2024 /PRNewswire/ -- Specific sedan models are once again some of the most affordable vehicles to purchase and own, according to Mercury Insurance (NYSE: MCY), a leading auto insurer in California. Announced today, Mercury has compiled a list of the most affordable new sedans to insure. This list was created with the goal of helping budget-conscious consumers find a vehicle that will save them money on insurance. Mercury Insurance Factors contr ...

LOS ANGELES, July 9, 2024 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today that after the markets close on Tuesday, July 30, 2024, the Company will issue an earnings press release reporting its results for the second 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 ar ...

In the aftermath of the storm, impacted policyholders also have the option to initiate a claim seamlessly through Mercury's user-friendly web-based app or via telephone. Those choosing the digital route will be guided through a straightforward process using clear prompts. Mercury's dedicated claims adjusters stand ready to evaluate storm-related damages. Mercury Insurance encourages customers to review their homeowners and auto insurance policies with their local agents on a yearly basis to ensure they have ...

Here is the top 10 list for new 2024 trucks, beginning with the most affordable make and model to insure: | --- | |-----------------------------| | | | Chevrolet Colorado | | Chevrolet Silverado | | Ford Maverick/Ford Ranger * | | Hyundai Santa Cruz | | Toyota Tundra Crewmax | | Ford F350 Super Duty | | Ford F150 | | Toyota Tacoma | | Ford F250 Super Duty | | Dodge Ram 1500 | Chevrolet takes top two truck spots with Ford taking five spots in the top 10; Fiat is the most budget-friendly SUV to insure with Ho ...

A key feature of the sponsorship is an art installation from world-renowned muralist Nigel Sussman, who created a 75-foot mural that blends San Diego landmarks, music and fanciful characters that will delight fans of all ages. The mural is located on the upper concourse behind the Mercury Insurance Sunset Deck and is a funfilled tribute to rock and popular music. Mercury is also offering special amenities for their customers to help elevate the experience: Mercury Insurance (NYSE: MCY) is a multiple-line in ...

Award Recognizes Mercury's Commitment to its Employees' Mental Health LOS ANGELES, June 12, 2024 /PRNewswire/ -- Mercury Insurance has been named by Newsweek, in conjunction with market data research firm Plant-A Insights, as one of America's Greatest Workplaces for Mental Wellbeing 2024. This is the first year Newsweek is offering the award, and only 15 non-health-related insurance carriers were selected out of 750 businesses recognized. "We continue to be humbled and honored by the recognition our employe ...

The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. As such, the Zacks rating upgrade for Mercury General is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price. The change in a company's future earnings potential, as reflected in earnings estimate revisions, has pr ...

Core Insights - Insurance fraud is a significant issue contributing to rising home and auto insurance costs, affecting all policyholders [4][6] - The total cost of insurance fraud for non-health insurance is estimated to exceed $40 billion annually, costing the average U.S. family between $400 and $700 each year in increased premiums [6] - Fraudulent claims, application fraud, and premium fraud are the main types of insurance fraud, with fraudulent claims being the most common [5][7] Industry Overview - The insurance industry is facing challenges from increasingly sophisticated fraudulent activities, which are driving up costs for consumers [4][8] - Common fraud schemes include staged auto accidents, adding damage to vehicles post-incident, and 'slip and fall' scams [8] - The technological advancement of scammers complicates the detection and prevention of insurance fraud [8] Company Profile - Mercury Insurance is a multi-line insurance carrier offering personal auto, homeowners, and renters insurance across several states [13] - The company has been recognized for its competitive rates and excellent customer service, earning "A" ratings from A.M. Best and Fitch [14] - Mercury Insurance emphasizes the importance of vigilance and detailed documentation to combat insurance fraud [9][10]

LOS ANGELES, May 29, 2024 /PRNewswire/ -- Mercury Insurance policyholders who have been impacted by recent heavy storms in Texas and Oklahoma can report damages and losses through Mercury's claims hotline at (800) 503-3724 or digitally by visiting https://www.mercuryinsurance.com/claims/residence-claim.html Mercury also provides advice for Texans and Oklahomans on how to begin cleaning up after a storm at its resource center: https://www.mercuryinsurance.com/resources/weather/. Mercury policyholders can rep ...

Core Insights - Mercury Insurance has launched a new personal umbrella insurance policy in Oklahoma to provide enhanced protection against rising bodily injury claims, which have increased by 35% since the pandemic began [1][2][5] - The new policy offers additional coverage starting at less than $1.00 a day, addressing the trend of liability claims exceeding traditional policy limits [2][5] - Oklahoma is the third state to receive this expanded insurance product, following California and Texas [4] Company Overview - Mercury Insurance is a multi-line insurance carrier offering various types of insurance, including personal auto, homeowners, and renters insurance, through a network of independent agents across multiple states [7][8] - The company has a strong presence with over 4,700 employees and more than 8,000 independent agents [7] - Mercury has received high ratings from A.M. Best and Fitch, and has been recognized as a top auto insurance company by Forbes and Insure.com [10] Product Features - Key features of the updated umbrella insurance product include customizable liability coverage options ranging from $1 million to $5 million, and discounts for multi-policy holders and accident-free records [8] - The umbrella policy is designed to provide a safety net against unexpected expenses and legal liabilities, making it a valuable addition to an insurance portfolio [3][6]