Mercury General(MCY)

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MERCURY GENERAL CORPORATION TO DISCUSS FOURTH QUARTER 2024 RESULTS AND THE RECENT SOUTHERN CALIFORNIA WILDFIRES ON FEBRUARY 12, 2025
Prnewswire· 2025-01-24 21:25
Core Viewpoint - Mercury General Corporation will host an investor conference call on February 12, 2025, to discuss its fourth quarter and annual results for 2024, along with information regarding the Southern California Wildfires and its reinsurance program [1][2]. Company Overview - Mercury General Corporation is a multiple line insurance organization primarily offering personal automobile and homeowners insurance through independent producers and direct-to-consumer sales across various states [3]. Event Details - The investor conference call will take place at 9:00 A.M. Pacific Time (12:00 P.M. Eastern Time) and will be accessible via a conference call and webcast, with presentation slides to be provided in a separate press release prior to the event [1][2]. - A replay of the call and webcast will be available shortly after the event [2]. Additional Information - For further details about the company and its offerings, interested parties can visit the company's website at http://www.mercuryinsurance.com [3].
MERCURY GENERAL CORPORATION TO REPORT FOURTH QUARTER RESULTS ON FEBRUARY 11, 2025
Prnewswire· 2025-01-22 14:00
Core Viewpoint - Mercury General Corporation will release its fourth quarter 2024 earnings report and annual report on Form 10-K on February 11, 2025, after market close [1]. Company Overview - Mercury General Corporation is a multiple line insurance organization primarily offering personal automobile and homeowners insurance through independent producers and direct-to-consumer sales across various states [2]. Forward-Looking Statements - The company’s press release includes forward-looking statements based on current expectations and beliefs, which may not be realized due to various risks and uncertainties [3].
Mercury General Corporation Provides Additional Information Regarding Recent Wildfires in Southern California and Its Reinsurance Program
Prnewswire· 2025-01-20 14:00
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. The Company has received many claims and is using aerial images to assist in determining whether properties are total losses. Claims continue to b ...
Mercury Insurance Gives Update on Primary Mission: Helping Policyholders Affected by the Southern California Wildfires
Prnewswire· 2025-01-17 21:01
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. Immediate Payments: The company has already begun disbursing additional living expenses and claims payment advances to those af ...
Mercury Becomes First Major Insurance Company to Return to Paradise California as City's Rebuilding Efforts Gain Momentum
Prnewswire· 2025-01-07 17:00
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. Mercury is the first major insurance company to begin offering policies to ...
Bodily Injury Costs Increase in Arizona, According to Mercury Insurance
Prnewswire· 2024-12-16 17:00
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 Insu ...
Finding the Best Value Stocks to Buy in December
ZACKS· 2024-12-03 21:50
The S&P 500 posted its best month of 2024 in November. The Nasdaq and the benchmark are trading at fresh all-time highs to start December as Wall Street looks ahead to the likelihood of more Fed rate cuts and strong earnings growth, as well as lower taxes and less red tape under a second Trump term. The bulls are in control, but investors might decide to start looking to value stock to close out 2024 after loading up on Nvidia and plenty of other growth-heavy artificial intelligence stocks throughout the y ...
Mercury Insurance and Los Angeles Kings Unveil Hockeywood Wall of Fame to Honor Community Heroes
Prnewswire· 2024-11-19 17:00
New Initiative Celebrates Everyday Champions Making a Positive Impact in Los AngelesLOS 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 ...
Mercury Insurance Shares Essential Tips for Preparing Your Home for Fall
Prnewswire· 2024-11-13 19:00
As cooler weather approaches, homeowners are encouraged to take steps to ensure their homes are ready for the changing seasonLOS 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 maint ...
Mercury General Corporation (MCY) Hits Fresh High: Is There Still Room to Run?
ZACKS· 2024-11-11 15:21
Have you been paying attention to shares of Mercury General (MCY) ? Shares have been on the move with the stock up 13.5% over the past month. The stock hit a new 52-week high of $74.2 in the previous session. Mercury General has gained 97.9% since the start of the year compared to the 23.8% move for the Zacks Finance sector and the 29.6% return for the Zacks Insurance - Property and Casualty industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it h ...