Mercury General (NYSE-MCY) is the leading independent broker and agency writer of automobile insurance in California and has been one of the fastest growing automobile insurers in the nation. It is ranked as the fourth largest private passenger automobile insurer in California, with total assets over $4 billion. Mercury also writes automobile insurance in Arizona, Florida, Georgia, Illinois, Nevada, New Jersey, New York, Oklahoma, Texas and Virginia. In addition to automobile insurance, Mercury writes other lines of insurance in various states, including mechanical breakdown and homeowners insurance.
Since its formation in 1961, Mercury has concentrated on building and improving the foundation on which long-term shareholder value is created. First and foremost is the careful underwriting, strict cost control and efficient claims management which support affordable, competitive automobile insurance rates. Highly motivated managers and employees working with Mercury's independent brokers and agents make the Mercury system work.
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