Simple Steps to Minimize Damage and Stay Safe During Hurricane SeasonLOS ANGELES, July 8, 2025 /PRNewswire/ -- Hurricane season brings with it a mix of unpredictability and urgency — and while you can't stop a storm, you can absolutely prepare for one. Mercury Insurance is sharing practical, proactive steps homeowners can take to protect their property and loved ones before a hurricane makes landfall.With decades of experience helping policyholders recover from major storms, Mercury understands that prepar ...

COMPANY RECOGNIZED FOR EXCEPTIONAL WORKPLACE CULTURE,FLEXIBILITY, AND SUPPORT FOR WORKING FAMILIESLOS ANGELES, July 3, 2025 /PRNewswire/ -- Mercury Insurance has been named to Newsweek's 2025 lists of America's Greatest Workplaces for Parents & Families and America's Greatest Workplaces in Financial Services, earning national recognition for its commitment to employee well-being, flexibility, and workplace excellence.The awards, presented by Newsweek and Plant-A Insights Group, are based on a large-scale in ...

Key Takeaways MMA acquires Excel Insurance to strengthen its property/casualty offerings in South Florida. Excel's team, including President Jacob Pared, will join MMA's Doral office to ensure seamless service. The deal brings a local client base, niche expertise and growth potential in auto and watercraft insurance.Marsh & McLennan Companies, Inc.’s (MMC) one of the businesses, Marsh McLennan Agency (“MMA”), recently announced its acquisition of Excel Insurance, an independent insurance agency in Florida ...

Key Takeaways MCY's top line witnessed a 7.6% CAGR from 2020-2024, backed by higher net premiums earned and other revenues. Net investment income has surged with a 15.7% CAGR over the past five years. MCY's net premiums written are driven by rate increases and rising policy counts in California auto.Shares of Mercury General Corporation (MCY) have gained 27% in the past year, outperforming its industry, the Finance sector and the Zacks S&P 500 composite’s growth of 19.8%, 20.4% and 11.7%, respectively. Me ...

Key Takeaways PGR has declined 5.4% in 3 months, underperforming the S&P 500 but beating its industry's 6.3% drop. PGR's ROE of 33.5% and ROIC of 18.7% outpace industry averages, showing capital efficiency. Earnings estimates for PGR rose as analysts project 17.6% EPS growth and 16.7% revenue gain in 2025.Shares of The Progressive Corporation (PGR) have lost 5.4% in the past three months, outperforming the industry’s decline of 6.3%. However, the stock has underperformed the Finance sector’s increase of 3 ...

Practical Tips Every Homeowner and Driver Can Use to Beat the Heat and Avoid Costly DamageLOS ANGELES, June 26, 2025 /PRNewswire/ -- As temperatures rise across the country, intense summer heat waves can cause serious damage to both homes and vehicles — not to mention strain energy systems and budgets. Mercury Insurance is sharing essential guidance to help homeowners and drivers stay safe, reduce costs and protect what matters most during extreme heat.With decades of experience insuring homes and vehicles ...

Floods, Earthquakes and Detached Structures Require Additional CoverageLOS ANGELES, June 25, 2025 /PRNewswire/ -- While it's important to know what events are covered in your homeowners insurance policy, it's equally important to know what events are not covered. One of the biggest misunderstandings many policyholders have is the belief that, if their home is damaged or destroyed, their homeowners insurance policy will cover the cost of everything.Understanding what your policy does — and does not — cover i ...

Key Takeaways Global commercial insurance rates fell 3% in the first quarter of 2025, per Marsh. Despite recent pricing pressure, Deloitte projects global gross premiums to grow sixfold by 2030. Insurers are investing heavily in technology to increase margins, efficiency, and operational scale.The Zacks Insurance industry remains well-poised for growth, riding on better pricing, prudent underwriting and exposure growth. Redesigning and repricing of products and services to maintain sales and profitability ...

Core Insights - A significant portion of Canadian social media users share their travel plans online, with 32% of respondents posting about their trips, increasing to 51% among younger individuals aged 18 to 34 [1][2] - The survey indicates a disconnect between the desire to share travel experiences and concerns about home safety, as 62% prioritize protecting their homes from theft while away [4][5] Group 1: Survey Findings - 68% of Canadian social media users plan to leave home for at least a few days this summer, with Gen Z and Millennials showing the highest intent at 74% [2] - Among those staying within their province, 35% plan to post about their trip, while this figure rises to 45% for interprovincial travel and peaks at 51% for international trips [2] - 9% of respondents post about their plans before the trip, while 28% share updates during their travels, with 39% of young adults aged 18-34 actively posting during vacations [3] Group 2: Home Safety Concerns - 62% of respondents express concern about home theft while traveling, with this concern being more pronounced among individuals aged 55 and older, where 69% choose not to post about their vacations [4] - 15% of respondents prioritize sharing on social media over home safety, indicating a potential risk [4] Group 3: Allstate's Response - Allstate has initiated a public education campaign to raise awareness about the risks associated with sharing vacation plans online and to provide tips for better home protection [5] - Analysis of Allstate's claims data shows that property theft increases during the summer months, particularly in August, with Fridays and Thursdays being the most common days for incidents [6][7]

Group 1 - The period between Memorial Day and Labor Day is identified as the "100 deadliest days of summer," with American teens being 20% more likely to be involved in fatal car collisions during this time [1][2] - Parents play a crucial role in enhancing road safety by engaging in conversations with their teens about the dangers of driving during this period and enforcing strict rules against driving under the influence or distracted driving [3][4] - Mercury Insurance emphasizes the importance of setting a good example for teens, being involved in their driving education, and understanding state driving laws to promote safe driving practices [6][4] Group 2 - Mercury Insurance, headquartered in Los Angeles, offers a range of insurance products including personal auto, homeowners, and renters insurance, and has a strong presence in multiple states [5][6] - The company has been recognized for its competitive rates and excellent customer service, employing over 4,200 staff and working with more than 6,340 independent agents [6][7] - Mercury Insurance has received high ratings from A.M. Best and accolades from Forbes and Insure.com for its auto insurance services [6][7]