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News

Mercury Insurance Announces Reinsurance Arrangement With Texas Agency

LOS ANGELES, Dec. 17 -- Mercury Insurance (NYSE: MCY), a major California automobile insurer with operations in a number of other states, reported today that an arrangement to reinsure business produced by Concord Insurance Services, Inc. (Concor ...

Cooper Blanton Appointed Top Executive at American Mercury Insurance Group

LOS ANGELES, Jan. 5 -- Mercury General Corporation (NYSE: MCY), a major California automobile insurer with operations in a number of other states, reported today that Cooper Blanton, Executive Vice President, was appointed Chairman of the Board of th ...

Mercury Insurance Authorizes $200 Million Share Buy-Back

LOS ANGELES, Aug. 10 -- Mercury Insurance (NYSE: MCY), a major California automobile insurer with operations in a number of other states, announced today that its Board of Directors, at the regular quarterly meeting on August 7, 1998, authorized ...

Mercury Insurance Group Announces California Automobile Insurance Rate Cuts

Statewide Reductions of 20% in Uninsured Motorist Coverage and 15% in Bodily Injury Liability Directly Related to Loss Savings from Passage of Proposition 213 LOS ANGELES, March 9 -- The Mercury Insurance Group, now California's sixth larg ...

Mercury Insurance Corporation Increases Dividend 20.8%

LOS ANGELES, Feb. 7 -- Mercury Insurance (NYSE: MCY), a major California automobile insurer with operations in several other states, announced that its Board of Directors, on February 7, 1997, declared a first quarter dividend of $.29, an annual rate ...

Mercury Insurance Signs Definitive Agreement to Purchase Oklahoma Insurance Group

LOS ANGELES, Nov. 21 -- Mercury Insurance Corporation (NYSE: MCY), a major writer of automobile insurance in California, with operations also in Georgia and Illinois, announced today that it has signed a definitive agreement to purchase for cash the ...