Mercury General Corp (MCY) 54.89 $MCY
Zacks Industry Outlook Highlights: White Mountains Insurance Group, State Auto Financial, Mercury General, Allied World Assurance Co Holdings and National Interstate
Zacks Equity Research - Zacks Investment Research - Mon Aug 29, 8:30AM CDT
Zacks Industry Outlook Highlights: White Mountains Insurance Group, State Auto Financial, Mercury General, Allied World Assurance Co Holdings and National Interstate
STFC: 23.82 (+0.05), WTM: 828.19 (+0.43), MCY: 54.89 (+0.07), AWH: 40.60 (+0.01), NATL: 32.59 (+0.04)
U.S. P&C Insurance: Buyer's Market Continues
Kalyan Nandy - Zacks Investment Research - Fri Aug 26, 3:53PM CDT
U.S. P&C Insurance: Buyer's Market Continues
STFC: 23.82 (+0.05), CINF: 77.81 (-0.04), PRA: 54.70 (unch), WTM: 828.19 (+0.43), FAF: 42.73 (-0.24), MCY: 54.89 (+0.07), AWH: 40.60 (+0.01), NATL: 32.59 (+0.04)
Superior Court Grants Mercury's Petition in 2004 NNC Matter
PR Newswire - Tue Aug 16, 1:37PM CDT
Mercury General Corporation (NYSE: MCY) On August 12, 2016, the Superior Court of California, in the matter of Mercury Insurance Company vs. Dave Jones, in his Official Capacity as the Insurance Commissioner of the State of California, ruled in favor of the Company, vacating the Commissioner's 2015 Order that had imposed a penalty of $27.6 million against the Company. The matter at issue was previously disclosed in the Company's Annual and Quarterly Reports filed with the Securities and Exchange Commission as the "2004 NNC," where the California Department of Insurance alleged that the Company charged rates in violation of the California Insurance Code, willfully permitted its agents to charge broker fees in violation of California law, and willfully misrepresented the actual price insurance consumers could expect to pay for insurance. On January 7, 2015, the Commissioner adopted a proposed decision by the Administrative Law Judge ("ALJ"
, which had found that the Company's "brokers" were actually operating as "de facto agents" and that the charging of "broker fees" by these producers constituted the charging of "premium" in excess of the Company's approved rates. The ALJ's proposed decision, as adopted in the Commissioner's Order, assessed against the Company a civil penalty in the amount of $27.6 million, which was recorded as an expense in 2014 and paid in 2015.
MCY: 54.89 (+0.07)
Mercury General Corporation Announces Second Quarter Results and Declares Quarterly Dividend
PR Newswire - Mon Aug 01, 7:30AM CDT
Mercury General Corporation (NYSE: MCY) reported today for the second quarter of 2016:
MCY: 54.89 (+0.07)
P&C Insurers Q2 Earnings Around the Corner: AFH, CNA & More
Zacks Equity Research - Zacks Investment Research - Fri Jul 29, 9:36AM CDT
Let's see what's in store for four P&C insurers AFH, CNA, ENH, MCY, OB, WTM that are reporting earnings results on Aug 1.
WTM: 828.19 (+0.43), AFH: 17.44 (+0.12), MCY: 54.89 (+0.07), ENH: 66.52 (+0.20), OB: 14.14 (unch), CNA: 33.68 (-0.01)
Mercury General & Units Receive Rating Action from A.M. Best
Zacks Equity Research - Zacks Investment Research - Thu Jun 16, 11:16PM CDT
Mercury General Corporation (MCY) recently received rating action from A.M. Best. The rating agency revised the company's outlook to negative from stable as well as affirmed the ICR of "a-."
NGHC: 22.68 (-0.13), NMIH: 7.92 (-0.08), MCY: 54.89 (+0.07), MKL: 954.62 (+12.27)
Prepare Your Home for Hurricane Season
PR Newswire - Mon Jun 06, 4:00PM CDT
AccuWeather predicts 2016 will be the most active Atlantic hurricane season in three years, with 14 named storms in the Atlantic basin, eight of which are predicted to become hurricanes and four slated to be major hurricanes. Although Florida and Texas are the two states most commonly hit by hurricanes, all states along the Atlantic Ocean and Gulf of Mexico are vulnerable during Atlantic hurricane season (June 1 until November 30)1, and Mercury Insurance (NYSE: MCY) is urging people to take precautions to protect themselves ahead of time.
MCY: 54.89 (+0.07)
Fitch Affirms Mercury General's Ratings; Outlook Stable
BusinessWire - Thu May 26, 1:55PM CDT
Fitch Ratings has affirmed the 'A' Issuer Default Rating (IDR) on Mercury General Corporation (NYSE: MCY) and the 'A+' Insurer Financial Strength (IFS) ratings on MCY's subsidiaries. Additionally, Fitch has affirmed the 'A' IDR on MCY's subsidiary, Mercury Casualty Co., and 'A' rating on Mercury Casualty's secured bank debt. The Rating Outlook is Stable. A full list of rating actions follows at the end of this release.
MCY: 54.89 (+0.07)
Mercury Ready To Help Customers Impacted By Flooding And Hail In Texas
PR Newswire - Fri May 20, 6:48PM CDT
Texas has experienced relentless waves of thunderstorms this spring and residents continue to deal with devastating floods, damaging hail and strong winds. Mercury Insurance wants customers to know the company is ready to assist policyholders who have been impacted by these storms. Mercury's claims team stands ready to help customers whose vehicles have been damaged by floodwaters, hail and flying debris, or who have suffered a covered homeowners loss. Representatives are available to help with claims and arrange for rental cars or temporary housing.
MCY: 54.89 (+0.07)
Mercury's Special Investigations Unit Shines a Light on Unexpected Criminals
PR Newswire - Thu May 19, 2:05AM CDT
Insurance fraud isn't a victimless crime. The second most costly white collar crime in America behind tax evasion, it accounts for at least 10 percent of property and casualty claims, and costs citizens billions of dollars each year. To protect customers, the Mercury Insurance Special Investigations Unit (SIU) completed 1,792 investigations during 2015 in California alone, resulting in $5,908,794 in claims payouts being avoided.
MCY: 54.89 (+0.07)
Mercury General posts 1Q profit
Automated Insights - Mon May 02, 7:37AM CDT
LOS ANGELES (AP) _ Mercury General Corp. (MCY) on Monday reported first-quarter earnings of $23.3 million.
MCY: 54.89 (+0.07)
Mercury General Corporation Announces First Quarter Results and Declares Quarterly Dividend
PR Newswire - Mon May 02, 7:30AM CDT
Mercury General Corporation (NYSE: MCY) reported today for the first quarter of 2016:
MCY: 54.89 (+0.07)
Mercury Insurance Launches Ride-Hailing Insurance For Oklahoma Uber & Lyft Drivers
PR Newswire - Tue Apr 26, 11:00AM CDT
Today, Mercury Insurance (NYSE: MCY) announced that it is offering ride-hailing insurance to cover Uber, Lyft and other Transportation Network Company (TNC) drivers in Oklahoma. This new coverage will provide drivers with insurance that will bridge the gap between their personal auto insurance and the coverage provided by their TNC.
MCY: 54.89 (+0.07)
Mercury Insurance Launches Ride-Hailing Insurance For Illinois Uber & Lyft Drivers
PR Newswire - Tue Apr 26, 11:00AM CDT
Today, Mercury Insurance (NYSE: MCY) announced that it is offering ride-hailing insurance to cover Uber, Lyft and other Transportation Network Company (TNC) drivers in Illinois. This new coverage will provide drivers with insurance that will bridge the gap between their personal auto insurance and the coverage provided by their TNC.
MCY: 54.89 (+0.07)
Mercury Names Its 10 Most Affordable Vehicles To Insure For Uber & Lyft Drivers
PR Newswire - Tue Apr 05, 11:00AM CDT
Transportation Network Company (TNC) drivers - those who drive for Uber, Lyft and Sidecar - get to be their own bosses. They determine the length of their shifts, the hours during which they want to work and the communities they want to serve.
MCY: 54.89 (+0.07)
Mercury General Up 19.7% Since SmarTrend Uptrend Call (MCY)
Comtex SmarTrend(R) - Mon Apr 04, 1:31PM CDT
SmarTrend identified an Uptrend for Mercury General (NYSE:MCY) on February 1st, 2016 at $46.18. In approximately 2 months, Mercury General has returned 19.68% as of today's recent price of $55.26.
MCY: 54.89 (+0.07)
Mercury Insurance Launches Ride-Hailing Insurance For Nevada's Uber & Lyft Drivers
PR Newswire - Wed Feb 10, 11:00AM CST
Today, Mercury Insurance (MCY) announced that it is offering ride-hailing insurance to cover Uber, Lyft and other Transportation Network Company (TNC) drivers in Nevada. This new coverage will provide drivers with insurance that will bridge the gap between their personal auto insurance and the coverage provided by their TNC.
MCY: 54.89 (+0.07)
Mercury Insurance Launches Ride-Hailing Insurance for Arizona's Uber & Lyft Drivers
PR Newswire - Wed Feb 10, 11:00AM CST
Today, Mercury Insurance (MCY) announced that it is offering ride-hailing insurance to cover Uber, Lyft and other Transportation Network Company (TNC) drivers in Arizona. This new coverage will provide drivers with insurance that will bridge the gap between their personal auto insurance and the coverage provided by their TNC.
MCY: 54.89 (+0.07)
Mercury Insurance Launches Ride-Hailing Insurance For California's Uber & Lyft Drivers
PR Newswire - Wed Jan 27, 10:00AM CST
Today, Mercury Insurance (NYSE: MCY) announced that it is offering ride-hailing insurance to cover Uber, Lyft and other Transportation Network Company (TNC) drivers. This new coverage will provide drivers with insurance that will bridge the gap between their personal auto insurance and the coverage provided by their TNC.
MCY: 54.89 (+0.07)
BUYINS.NET: MCY SqueezeTrigger Price is $44.08. There is $63,161,969 That Short Sellers Still Need To Cover.
M2 - Thu Jan 21, 3:12AM CST
BUYINS.NET / www.squeezetrigger.com is monitoring Mercury General Corp (NYSE:MCY) in real time and just received an alert that MCY is crossing above its primary SqueezeTrigger Price, the price that a short squeeze can start in any stock. There are 1426100 shares that have been shorted at the volume weighted average SqueezeTrigger Price of $44.08. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.squeezetrigger.com .
MCY: 54.89 (+0.07)
Zacks Industry Outlook Highlights: White Mountains Insurance Group, State Auto Financial, Mercury General, Allied World Assurance Co Holdings and National Interstate
Zacks Equity Research - Zacks Investment Research - Mon Aug 29, 8:30AM CDT
Zacks Industry Outlook Highlights: White Mountains Insurance Group, State Auto Financial, Mercury General, Allied World Assurance Co Holdings and National Interstate
STFC: 23.82 (+0.05), WTM: 828.19 (+0.43), MCY: 54.89 (+0.07), AWH: 40.60 (+0.01), NATL: 32.59 (+0.04)
U.S. P&C Insurance: Buyer's Market Continues
Kalyan Nandy - Zacks Investment Research - Fri Aug 26, 3:53PM CDT
U.S. P&C Insurance: Buyer's Market Continues
STFC: 23.82 (+0.05), CINF: 77.81 (-0.04), PRA: 54.70 (unch), WTM: 828.19 (+0.43), FAF: 42.73 (-0.24), MCY: 54.89 (+0.07), AWH: 40.60 (+0.01), NATL: 32.59 (+0.04)
Superior Court Grants Mercury's Petition in 2004 NNC Matter
PR Newswire - Tue Aug 16, 1:37PM CDT
Mercury General Corporation (NYSE: MCY) On August 12, 2016, the Superior Court of California, in the matter of Mercury Insurance Company vs. Dave Jones, in his Official Capacity as the Insurance Commissioner of the State of California, ruled in favor of the Company, vacating the Commissioner's 2015 Order that had imposed a penalty of $27.6 million against the Company. The matter at issue was previously disclosed in the Company's Annual and Quarterly Reports filed with the Securities and Exchange Commission as the "2004 NNC," where the California Department of Insurance alleged that the Company charged rates in violation of the California Insurance Code, willfully permitted its agents to charge broker fees in violation of California law, and willfully misrepresented the actual price insurance consumers could expect to pay for insurance. On January 7, 2015, the Commissioner adopted a proposed decision by the Administrative Law Judge ("ALJ"
, which had found that the Company's "brokers" were actually operating as "de facto agents" and that the charging of "broker fees" by these producers constituted the charging of "premium" in excess of the Company's approved rates. The ALJ's proposed decision, as adopted in the Commissioner's Order, assessed against the Company a civil penalty in the amount of $27.6 million, which was recorded as an expense in 2014 and paid in 2015. MCY: 54.89 (+0.07)
Mercury General Corporation Announces Second Quarter Results and Declares Quarterly Dividend
PR Newswire - Mon Aug 01, 7:30AM CDT
Mercury General Corporation (NYSE: MCY) reported today for the second quarter of 2016:
MCY: 54.89 (+0.07)
P&C Insurers Q2 Earnings Around the Corner: AFH, CNA & More
Zacks Equity Research - Zacks Investment Research - Fri Jul 29, 9:36AM CDT
Let's see what's in store for four P&C insurers AFH, CNA, ENH, MCY, OB, WTM that are reporting earnings results on Aug 1.
WTM: 828.19 (+0.43), AFH: 17.44 (+0.12), MCY: 54.89 (+0.07), ENH: 66.52 (+0.20), OB: 14.14 (unch), CNA: 33.68 (-0.01)
Mercury General & Units Receive Rating Action from A.M. Best
Zacks Equity Research - Zacks Investment Research - Thu Jun 16, 11:16PM CDT
Mercury General Corporation (MCY) recently received rating action from A.M. Best. The rating agency revised the company's outlook to negative from stable as well as affirmed the ICR of "a-."
NGHC: 22.68 (-0.13), NMIH: 7.92 (-0.08), MCY: 54.89 (+0.07), MKL: 954.62 (+12.27)
Prepare Your Home for Hurricane Season
PR Newswire - Mon Jun 06, 4:00PM CDT
AccuWeather predicts 2016 will be the most active Atlantic hurricane season in three years, with 14 named storms in the Atlantic basin, eight of which are predicted to become hurricanes and four slated to be major hurricanes. Although Florida and Texas are the two states most commonly hit by hurricanes, all states along the Atlantic Ocean and Gulf of Mexico are vulnerable during Atlantic hurricane season (June 1 until November 30)1, and Mercury Insurance (NYSE: MCY) is urging people to take precautions to protect themselves ahead of time.
MCY: 54.89 (+0.07)
Fitch Affirms Mercury General's Ratings; Outlook Stable
BusinessWire - Thu May 26, 1:55PM CDT
Fitch Ratings has affirmed the 'A' Issuer Default Rating (IDR) on Mercury General Corporation (NYSE: MCY) and the 'A+' Insurer Financial Strength (IFS) ratings on MCY's subsidiaries. Additionally, Fitch has affirmed the 'A' IDR on MCY's subsidiary, Mercury Casualty Co., and 'A' rating on Mercury Casualty's secured bank debt. The Rating Outlook is Stable. A full list of rating actions follows at the end of this release.
MCY: 54.89 (+0.07)
Mercury Ready To Help Customers Impacted By Flooding And Hail In Texas
PR Newswire - Fri May 20, 6:48PM CDT
Texas has experienced relentless waves of thunderstorms this spring and residents continue to deal with devastating floods, damaging hail and strong winds. Mercury Insurance wants customers to know the company is ready to assist policyholders who have been impacted by these storms. Mercury's claims team stands ready to help customers whose vehicles have been damaged by floodwaters, hail and flying debris, or who have suffered a covered homeowners loss. Representatives are available to help with claims and arrange for rental cars or temporary housing.
MCY: 54.89 (+0.07)
Mercury's Special Investigations Unit Shines a Light on Unexpected Criminals
PR Newswire - Thu May 19, 2:05AM CDT
Insurance fraud isn't a victimless crime. The second most costly white collar crime in America behind tax evasion, it accounts for at least 10 percent of property and casualty claims, and costs citizens billions of dollars each year. To protect customers, the Mercury Insurance Special Investigations Unit (SIU) completed 1,792 investigations during 2015 in California alone, resulting in $5,908,794 in claims payouts being avoided.
MCY: 54.89 (+0.07)
Mercury General posts 1Q profit
Automated Insights - Mon May 02, 7:37AM CDT
LOS ANGELES (AP) _ Mercury General Corp. (MCY) on Monday reported first-quarter earnings of $23.3 million.
MCY: 54.89 (+0.07)
Mercury General Corporation Announces First Quarter Results and Declares Quarterly Dividend
PR Newswire - Mon May 02, 7:30AM CDT
Mercury General Corporation (NYSE: MCY) reported today for the first quarter of 2016:
MCY: 54.89 (+0.07)
Mercury Insurance Launches Ride-Hailing Insurance For Oklahoma Uber & Lyft Drivers
PR Newswire - Tue Apr 26, 11:00AM CDT
Today, Mercury Insurance (NYSE: MCY) announced that it is offering ride-hailing insurance to cover Uber, Lyft and other Transportation Network Company (TNC) drivers in Oklahoma. This new coverage will provide drivers with insurance that will bridge the gap between their personal auto insurance and the coverage provided by their TNC.
MCY: 54.89 (+0.07)
Mercury Insurance Launches Ride-Hailing Insurance For Illinois Uber & Lyft Drivers
PR Newswire - Tue Apr 26, 11:00AM CDT
Today, Mercury Insurance (NYSE: MCY) announced that it is offering ride-hailing insurance to cover Uber, Lyft and other Transportation Network Company (TNC) drivers in Illinois. This new coverage will provide drivers with insurance that will bridge the gap between their personal auto insurance and the coverage provided by their TNC.
MCY: 54.89 (+0.07)
Mercury Names Its 10 Most Affordable Vehicles To Insure For Uber & Lyft Drivers
PR Newswire - Tue Apr 05, 11:00AM CDT
Transportation Network Company (TNC) drivers - those who drive for Uber, Lyft and Sidecar - get to be their own bosses. They determine the length of their shifts, the hours during which they want to work and the communities they want to serve.
MCY: 54.89 (+0.07)
Mercury General Up 19.7% Since SmarTrend Uptrend Call (MCY)
Comtex SmarTrend(R) - Mon Apr 04, 1:31PM CDT
SmarTrend identified an Uptrend for Mercury General (NYSE:MCY) on February 1st, 2016 at $46.18. In approximately 2 months, Mercury General has returned 19.68% as of today's recent price of $55.26.
MCY: 54.89 (+0.07)
Mercury Insurance Launches Ride-Hailing Insurance For Nevada's Uber & Lyft Drivers
PR Newswire - Wed Feb 10, 11:00AM CST
Today, Mercury Insurance (MCY) announced that it is offering ride-hailing insurance to cover Uber, Lyft and other Transportation Network Company (TNC) drivers in Nevada. This new coverage will provide drivers with insurance that will bridge the gap between their personal auto insurance and the coverage provided by their TNC.
MCY: 54.89 (+0.07)
Mercury Insurance Launches Ride-Hailing Insurance for Arizona's Uber & Lyft Drivers
PR Newswire - Wed Feb 10, 11:00AM CST
Today, Mercury Insurance (MCY) announced that it is offering ride-hailing insurance to cover Uber, Lyft and other Transportation Network Company (TNC) drivers in Arizona. This new coverage will provide drivers with insurance that will bridge the gap between their personal auto insurance and the coverage provided by their TNC.
MCY: 54.89 (+0.07)
Mercury Insurance Launches Ride-Hailing Insurance For California's Uber & Lyft Drivers
PR Newswire - Wed Jan 27, 10:00AM CST
Today, Mercury Insurance (NYSE: MCY) announced that it is offering ride-hailing insurance to cover Uber, Lyft and other Transportation Network Company (TNC) drivers. This new coverage will provide drivers with insurance that will bridge the gap between their personal auto insurance and the coverage provided by their TNC.
MCY: 54.89 (+0.07)
BUYINS.NET: MCY SqueezeTrigger Price is $44.08. There is $63,161,969 That Short Sellers Still Need To Cover.
M2 - Thu Jan 21, 3:12AM CST
BUYINS.NET / www.squeezetrigger.com is monitoring Mercury General Corp (NYSE:MCY) in real time and just received an alert that MCY is crossing above its primary SqueezeTrigger Price, the price that a short squeeze can start in any stock. There are 1426100 shares that have been shorted at the volume weighted average SqueezeTrigger Price of $44.08. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.squeezetrigger.com .
MCY: 54.89 (+0.07)
