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Mercury General Corporation Provides Additional Information Regarding Recent Wildfires in Southern California and Its Reinsurance Program
Prnewswire· 2025-01-20 22:00
LOS ANGELES, Jan. 20, 2025 /PRNewswire/ -- Mercury General Corporation (the "Company" or "Mercury") is providing more information about the recent Southern California Wildfires, known as the Palisades and Eaton fires (collectively, the "Wildfires"), and the Company's reinsurance program. Most of the affected areas are closed due to ongoing hazardous conditions. The Company has received many claims and is using aerial images to assist in determining whether properties are total losses. Claims continue to b ...
Mercury Insurance Gives Update on Primary Mission: Helping Policyholders Affected by the Southern California Wildfires
Prnewswire· 2025-01-18 05:01
Company Stands With Californians as They Begin Their Rebuilding Efforts LOS ANGELES, Jan. 17, 2025 /PRNewswire/ -- Mercury Insurance is providing comprehensive support to its customers impacted by the ongoing Los Angeles area wildfires. The company is prioritizing the timely handling of claims, providing immediate financial support, and helping insureds through the claims process. Immediate Payments: The company has already begun disbursing additional living expenses and claims payment advances to those af ...
Mercury Becomes First Major Insurance Company to Return to Paradise California as City's Rebuilding Efforts Gain Momentum
Prnewswire· 2025-01-08 01:00
Innovative City Planning and State Officials' Leadership Pave the Way for Mercury Insurance to Begin Offering Homeowners Coverage to Paradise Residents in the Wake of Catastrophic Wildfire PARADISE, Calif., Jan. 7, 2025 /PRNewswire/ -- Mercury Insurance (NYSE: MCY), a leading provider of property and casualty insurance, announced today that the company will begin writing new homeowners insurance policies in the town of Paradise, CA. Mercury is the first major insurance company to begin offering policies to ...
Bodily Injury Costs Increase in Arizona, According to Mercury Insurance
Prnewswire· 2024-12-17 01:00
Mercury's New Umbrella Insurance Better Protects Arizonans' Personal Wealth Against Bodily Injury Claims LOS ANGELES, Dec. 16, 2024 /PRNewswire/ -- Multi-vehicle crashes, dog bites or a delivery person being injured on your property are some of the unexpected events that are putting Arizonans' personal financial health at risk. In fact, bodily injury payouts continue to climb year over year since the pandemic started, with the average amount for a liability claim increasing by 35%, according to Mercury Insu ...
Finding the Best Value Stocks to Buy in December
ZACKS· 2024-12-04 05:50
The S&P 500 posted its best month of 2024 in November. The Nasdaq and the benchmark are trading at fresh all-time highs to start December as Wall Street looks ahead to the likelihood of more Fed rate cuts and strong earnings growth, as well as lower taxes and less red tape under a second Trump term. The bulls are in control, but investors might decide to start looking to value stock to close out 2024 after loading up on Nvidia and plenty of other growth-heavy artificial intelligence stocks throughout the y ...
Mercury Insurance and Los Angeles Kings Unveil Hockeywood Wall of Fame to Honor Community Heroes
Prnewswire· 2024-11-20 01:00
New Initiative Celebrates Everyday Champions Making a Positive Impact in Los AngelesLOS ANGELES, Nov. 19, 2024 /PRNewswire/ -- Mercury Insurance, in partnership with the Los Angeles Kings, has launched the Hockeywood Wall of Fame – a dynamic initiative dedicated to honoring the unsung heroes of our vibrant Los Angeles community. Housed at the Toyota Sports Performance Center, the wall was officially unveiled at a launch event on Sunday, Nov. 17,* which featured LA Kings stars Anze Kopitar, Trevor Lewis and ...
Mercury Insurance Shares Essential Tips for Preparing Your Home for Fall
Prnewswire· 2024-11-14 03:00
As cooler weather approaches, homeowners are encouraged to take steps to ensure their homes are ready for the changing seasonLOS ANGELES, Nov. 13, 2024 /PRNewswire/ -- With fall upon us, homeowners may find themselves busy with seasonal chores such as raking leaves and putting away summer furniture. However, it's also a crucial time to prepare your home for the cooler months ahead and reduce potential risks associated with the season. Mercury Insurance (NYSE: MCY) has compiled a list of important home maint ...
Mercury General Corporation (MCY) Hits Fresh High: Is There Still Room to Run?
ZACKS· 2024-11-11 23:21
Have you been paying attention to shares of Mercury General (MCY) ? Shares have been on the move with the stock up 13.5% over the past month. The stock hit a new 52-week high of $74.2 in the previous session. Mercury General has gained 97.9% since the start of the year compared to the 23.8% move for the Zacks Finance sector and the 29.6% return for the Zacks Insurance - Property and Casualty industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it h ...
Mercury Insurance is Ready to Help Victims of the Mountain Fire in California
Prnewswire· 2024-11-09 03:00
公司援助政策 - 公司准备援助因圣安娜风引发的山火而遭受房屋或汽车损失、需要生活费用报销或提出理赔的投保人[1] - 公司的理赔团队将为受山火影响的加州客户提供服务[2] - 公司代表可处理理赔相关事务安排临时住房并提供生活费用援助若投保人因强制疏散令离家[3] - 公司也将为需要汽车援助包括租车的客户提供帮助[4] 理赔流程 - 受影响的投保人可通过公司用户友好的网络应用程序或电话无缝发起理赔[4] - 投保人可在公司在线理赔门户获取理赔流程详细信息[5] - 投保人应立即联系公司报告损失可拨打800 - 503 - 3724或通过网络https://mercury.assured.claims/[5] - 投保人应保护财产免受进一步损害提供保单号码所有联系信息完整的损害描述准备好损害照片[5][6] - 如有灾前照片/视频可提供给理赔员不要移除与理赔相关的残骸或受损财产若不安全物品可拍照后丢弃并保留记录和收据[7] 公司概况 - 公司总部位于洛杉矶是多险种保险公司在多个州提供多种保险[8] - 自1962年起公司通过近4100名员工和11个州的6500多名独立代理人提供超值保险服务并获得评级[9]
Should Value Investors Buy Mercury General (MCY) Stock?
ZACKS· 2024-11-07 23:45
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the ...