MCY Stock Recent News

Mercury General (MCY) reported earnings 30 days ago. What's next for the stock?

Company Highlights Tools, Tips and Coverage Guidance to Support Homeowners Nationwide LOS 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.

Thousands of California Homeowners Are Underinsured LOS ANGELES , May 29, 2025 /PRNewswire/ -- The devastation caused by January's Pacific Palisades and Altadena wildfires served as powerful reminders of how crucial it is for homeowners to have adequate insurance coverage. In addition to the emotional toll of losing a home, the financial burden can be overwhelming — particularly for those who discover their coverage falls short.

Company Unveils Musical Homage to San Diego Through Mural by World Renowned Artist, Nigel Sussman, at North Island Credit Union Amphitheatre LOS ANGELES , May 28, 2025 /PRNewswire/ -- Mercury Insurance has long been a champion for everyday heroes — those unsung individuals who make our communities stronger, through their unselfish and "above and beyond" contributions that make San Diego great. Mercury is recognizing these amazing members of the community through its Community Rockstars program in partnership with iHeart and North Island Credit Union Amphitheatre (NICUA) in San Diego.

Hockeywood Wall of Fame Inductees Feted at Kings Season Finale LOS ANGELES , May 21, 2025 /PRNewswire/ -- "Not all heroes wear capes" is a time-honored cliché for a reason — the sentiment rests in truth. Mercury Insurance and the Los Angeles Kings honored 13 of these everyday heroes over the course of the 2024-25 season with a spot in the Mercury Insurance Hockeywood Wall of Fame.

Homeowners in wildfire-prone areas can earn insurance discounts through IBHS certification program LOS ANGELES , May 20, 2025 /PRNewswire/ -- Wildfires are posing ever-increasing threats to communities around the country and Mercury Insurance is partnering with the Insurance Institute for Business and Home Safety (IBHS) to help homeowners act before disaster strikes. Through this collaboration, Mercury policyholders in wildfire-susceptible areas may qualify for a discount on their premiums by participating in the IBHS Wildfire Prepared Home certification program.

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.

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.

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.

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.