OverviewSuggest Edit

Mercury General Corporation is the insurance organization, engaging in personal, automobile, homeowners, renters and business insurance. Majoring in auto and homeowners insurance, the Company also offers personal liability policies (umbrella), business insurance, mechanical breakdown protection,service line protection, home systems protection, identity management protection and ride-hailing insurance.

TypePublic
Founded1962
HQBrea, US
Websitemercuryinsurance.com
Employee Ratings3.7

Latest Updates

Employees (est.) (Dec 2019)4,500(+3%)
Job Openings14
Revenue (FY, 2019)$4 B(+18%)
Share Price (Oct 2020)$41.2 (+2%)
Cybersecurity ratingBMore

Mercury General Corporation Office Locations

Mercury General Corporation has offices in Brea, Austin, Clearwater, Los Angeles and in 2 other locations
Brea, US (HQ)
1700 Greenbriar Ln
Austin, US
13620 N FM 620 Bldg. A Suite 100
Brea, US
555 W Imperial Hwy
Clearwater, US
119, 1901 Ulmerton Rd
Los Angeles, US
4484 Wilshire Blvd
Rancho Cucamonga, US
11000 Eucalyptus St
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Mercury General Corporation Financials and Metrics

Mercury General Corporation Revenue

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Mercury General Corporation's revenue was reported to be $3.97 b in FY, 2019
USD

Revenue (Q2, 2020)

1.0b

Gross profit (Q2, 2020)

1.0b

Gross profit margin (Q2, 2020), %

99.7%

Market capitalization (15-Oct-2020)

2.3b

Closing stock price (15-Oct-2020)

41.2

Cash (30-Jun-2020)

262.2m

EV

2.1b
Mercury General Corporation's current market capitalization is $2.3 b.
USDQ2, 2010

Financial Leverage

2.3 x
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Mercury General Corporation Operating Metrics

Mercury General Corporation's Reported Claims, units was reported to be 168 k in FY, 2016.
FY, 2014FY, 2015FY, 2016

Agents

8.80 k9.70 k9.70 k

Reported Claims, units

205 k193 k168 k
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Mercury General Corporation Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

Mercury General Corporation Revenue Breakdown

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Mercury General Corporation revenue breakdown by business segment: 98.7% from Property & Casualty Lines and 1.3% from Other

Mercury General Corporation Online and Social Media Presence

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Mercury General Corporation News and Updates

Mercury General Corporation To Report Second Quarter Results On July 29, 2019

LOS ANGELES, July 1, 2019 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported that on Monday, July 29, 2019, the Company will release results for its second quarter ended June 30, 2019. The Company will host an investor conference call and webcast that same day at 10:00 A.M....

Mercury General Corporation To Report First Quarter Results On April 29, 2019

LOS ANGELES, April 5, 2019 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported that on Monday, April 29, 2019, the Company will release results for its first quarter ended March 31, 2019. The Company will host an investor conference call and webcast that same day at 10:00 A.M....

Mercury General Corporation To Report Fourth Quarter 2018 Results On February 11, 2019

LOS ANGELES, Jan. 14, 2019 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported that on Monday, February 11, 2019, the Company will release results for its fourth quarter and twelve-month periods ended December 31, 2018. The Company will host an investor conference call and...

Mercury General Corporation Announces Estimated Losses From the Camp Fire and the Woolsey Fire

LOS ANGELES, Nov. 27, 2018 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today its estimated catastrophe losses resulting from the wildfires in California in November 2018. Two major catastrophe events, known as the Camp Fire and the Woolsey Fire, occurred in California ...

Mercury General Corporation To Report Third Quarter Results On October 29, 2018

LOS ANGELES, Oct. 2, 2018 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported that on Monday, October 29, 2018, the Company will release results for its third quarter ended September 30, 2018. The Company will host an investor conference call and webcast that same day at...

Mercury General Corporation Blogs

Mercury Insurance is Ready to Help Victims of California Fires

Mercury stands ready to assist policyholders who have been displaced or forced to evacuate and need living expenses reimbursement or need to file a claim for covered losses

Mercury Insurance Extends its Online Concert Series through August

Five additional artists will perform live in the Mercury Insurance Concert Series, starting August 6, 2020

Mercury Insurance Extends Giveback Program through July

Company to give back 10% of July private passenger and commercial auto insurance premiums to California customers

Forbes Names Mercury Insurance One of 'America's Best Employers for Women' for 2020

An independent survey found that Mercury excels in work-life balance, flexible work arrangements and representation in leadership positions

Mercury Insurance Partners with Author and Land Management Expert Professor Douglas Kent to Help Californians Mitigate Their Wildfire Threat

Mercury and Professor Kent will work to help educate Californians and spread awareness how homeowners can protect themselves, their families and their property from wildfires
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Mercury General Corporation Frequently Asked Questions

  • When was Mercury General Corporation founded?

    Mercury General Corporation was founded in 1962.

  • How many employees does Mercury General Corporation have?

    Mercury General Corporation has 4,500 employees.

  • What is Mercury General Corporation revenue?

    Latest Mercury General Corporation annual revenue is $4 b.

  • What is Mercury General Corporation revenue per employee?

    Latest Mercury General Corporation revenue per employee is $882.8 k.

  • Who are Mercury General Corporation competitors?

    Competitors of Mercury General Corporation include Peace Hills Insurance, Gjensidige Forsikring and Brokerlink.

  • Where is Mercury General Corporation headquarters?

    Mercury General Corporation headquarters is located at 1700 Greenbriar Ln, Brea.

  • Where are Mercury General Corporation offices?

    Mercury General Corporation has offices in Brea, Austin, Clearwater, Los Angeles and in 2 other locations.

  • How many offices does Mercury General Corporation have?

    Mercury General Corporation has 7 offices.