Company
Mercury General Corporation
Headquarters: Los Angeles, CA, United States
Founded: 1960
Employees: 4,300
CEO: Mr. Gabriel Tirador
Market Cap
$2.13 Billion
USD as of Jan. 1, 2024
Mercury General Corporation Categories
United States Financials Insurance—Property & CasualtyUnited States Financials United States Insurance—Property & Casualty
Top Competitors by Market Capitalization
Industry: Insurance—Property & Casualty
| Company | Market Cap (USD) |
|---|---|
| The Progressive Corporation | $95.50 B |
| Chubb Limited | $92.74 B |
| Tokio Marine Holdings, Inc. | $50.24 B |
| The Travelers Companies, Inc. | $43.98 B |
| The Allstate Corporation | $38.86 B |
Sector:
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| Berkshire Hathaway | $797.77 B |
| Visa | $530.20 B |
| JPMorgan | $495.55 B |
| Mastercard | $392.71 B |
| Bank of America | $267.48 B |
Detailed Description
Mercury General Corporation, together with its subsidiaries, engages in writing personal automobile insurance in the United States. The company also writes homeowners, commercial automobile, commercial property, mechanical protection, and umbrella insurance products. Its automobile insurance products include collision, property damage, bodily injury, comprehensive, personal injury protection, underinsured and uninsured motorist, and other hazards; and homeowners insurance products comprise dwelling, liability, personal property, fire, and other hazards. The company sells its policies through a network of independent agents and insurance agencies, as well as directly through internet sales portals in Arizona, California, Florida, Georgia, Illinois, Nevada, New Jersey, New York, Oklahoma, Texas, and Virginia. Mercury General Corporation was founded in 1961 and is headquartered in Los Angeles, California.
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Stocks & Indices
Mercury General Corporation has the following listings and related stock indices.
Stock: NYSE: MCY wb_incandescent
Stock: FSX: MCG wb_incandescent
Key People
Gabe Tirador, CEO & President, George Joseph, Founder & Chairman
Financials
Revenue: US$3.380 billion (2018)
Operating income: US$30.61 million (2018)
Net income: US$5.728 million (2018)
Total assets: US$5.433 billion (2018)
Total equity: US$1.617 billion (2018)