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 ...

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 ...

Core Insights - Homeowners insurance policies often do not cover certain natural disasters such as floods and earthquakes, which require separate insurance policies for adequate protection [3][4] - Understanding the limitations of homeowners insurance can help policyholders take necessary precautions and avoid unexpected costs after a disaster [2][4] Coverage Limitations - Flooding: Standard homeowners insurance typically excludes coverage for flooding from rivers, coastal storm surges, or surface water. Separate flood insurance is recommended [4] - Earthquakes and Land Movement: Damage from earthquakes, landslides, and mudslides is generally not covered, necessitating separate earthquake insurance [4] - Neglect and Maintenance: Damage resulting from homeowner neglect, such as mold from prolonged leakage, is usually not covered [4] - Animal Damage: Damage caused by pests or household pets is rarely covered, although liability for dog bites may be included under certain conditions [4] - Detached Structures: Structures on the property used for business or rented out may not be covered under standard homeowners policies [4] - Home-Based Businesses: Homeowners insurance typically does not cover home-based businesses, requiring additional endorsements or separate business insurance [4] Company Overview - Mercury Insurance is a multiple-line insurance carrier offering personal auto, homeowners, and renters insurance across several states [6][7] - The company has been operational since 1962 and is recognized for competitive rates and excellent customer service [7] - Mercury Insurance has received an "A" rating from A.M. Best and accolades for its auto insurance offerings from Forbes and Insure.com [7]

Core Insights - The Zacks Insurance industry is positioned for growth due to improved pricing, prudent underwriting, and exposure growth [1] - The insurance industry has outperformed the Finance sector and the S&P 500 composite in year-to-date returns [2] Industry Performance - The insurance industry has returned 5.9% year-to-date, surpassing the Finance sector's growth of 4.6% and the S&P 500's appreciation of 0.8% [2] Market Trends - Global commercial insurance rates decreased by 3% in Q1 2025, marking the third consecutive quarterly decline after seven years of increases [3][8] - Despite recent pricing pressures, gross premiums are projected to grow sixfold to exceed $722 billion by 2030 [3][5][8] Catastrophe Losses - Catastrophe losses are driving policy renewal rates, with a reported 3% rise in commercial insurance rates and a 4.9% increase in personal lines in Q1 2025 [5] - Estimated insurance market losses from recent fires in Los Angeles range between $35 billion and $45 billion [4] Technological Investments - Insurers are heavily investing in technology to enhance margins, efficiency, and operational scale, with a projected $4.7 billion in annual global premiums from AI-related insurance by 2032 [11] - The use of advanced technologies like blockchain and AI is expected to significantly reduce costs and improve operational efficiencies [11] Mergers and Acquisitions - A solid capital level supports insurers in pursuing strategic mergers and acquisitions, with the insurance deals market expected to be active in 2025 [10] - Companies engaging in M&A deals valued over $100 million have outperformed the wider market by 1.5 percentage points [10] Growth Stocks - Companies like EverQuote, Horace Mann Educators, Root, and HCI Group are identified as potential growth stocks due to their solid fundamentals and growth prospects [12][14] - EverQuote is leveraging exclusive data assets and technology for long-term growth, with earnings estimates suggesting significant year-over-year growth [15][16] - Horace Mann Educators is expected to benefit from niche focus and improved product offerings, with strong earnings growth projected [17][18] - Root is positioned for growth through its direct-to-consumer model and mobile applications, with substantial revenue and earnings growth estimates [20][21] - HCI Group is engaged in diverse business activities, with strong growth projections for revenues and earnings [22][23]

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]

Lemonade has attracted over 2.5 million customers so far across its homeowners, renters, life, pet, and car insurance products, and the company has outlined a plan to grow its business tenfold over the next decade. Lemonade (LMND -9.67%) has been developing artificial intelligence (AI) since 2015, long before the technology captivated Wall Street a couple of years ago. The company is using AI to transform the insurance industry by writing quotes in seconds, and paying claims in minutes instead of days or we ...

Precautions Range from Checking Tire Pressure to Packing an Emergency KitLOS ANGELES, June 17, 2025 /PRNewswire/ -- According to a recent survey from GasBuddy, 69% of Americans plan to take a road trip this summer, and of those, 40% say they expect to be on the road for more than five hours. If you're among the millions with travel plans, Mercury Insurance wants to help ensure that your vehicle is up for the task."Road tripping has long been a summer tradition for many families, but it's important to take a ...

All Gift Ideas Are Available Through Amazon for Less Than $50LOS ANGELES, June 11, 2025 /PRNewswire/ -- Father's Day is just around the corner, and many are still searching for a gift that shows Dad just how much he means to them.To help take the guesswork out of gift shopping, Mercury Insurance has curated a list of thoughtful and practical DIY-friendly gifts — all available on Amazon for less than $50."These gifts are great for dads who enjoy tackling home projects or just love a good tool upgrade," said ...

 Company Highlights Tools, Tips and Coverage Guidance to Support Homeowners NationwideLOS ANGELES, June 4, 2025 /PRNewswire/ -- In recognition of National Homeownership Month, Mercury Insurance is reaffirming its commitment to helping homeowners safeguard their most valuable investment — their homes.For more than 60 years, Mercury has provided millions of homeowners across the United States with affordable coverage and trusted advice. This June, the company is expanding its outreach through seasonal safety ...