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MERCURY GENERAL CORPORATION TO DISCUSS FOURTH QUARTER 2024 RESULTS AND THE RECENT SOUTHERN CALIFORNIA WILDFIRES ON FEBRUARY 12, 2025

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Mercury General (NYSE: MCY) has announced it will host an investor conference call and webcast on February 12, 2025, at 9:00 A.M. Pacific Time to discuss its fourth quarter and full-year 2024 results. The presentation will also cover information about the recent Southern California Wildfires and the company's reinsurance program.

The company will provide access details for the conference call and webcast presentation in a separate upcoming press release. A replay option will be available after the event. Mercury General operates as a multiple line insurance organization, primarily offering personal automobile and homeowners insurance through independent producers and direct-to-consumer channels across multiple states.

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News Market Reaction 1 Alert

+4.60% News Effect

On the day this news was published, MCY gained 4.60%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

LOS ANGELES, Jan. 24, 2025 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) will host an investor conference call and webcast on February 12, 2025, at 9:00 A.M. Pacific Time (12:00 P.M. Eastern Time) to review its results of operations for the fourth quarter and twelve-month periods ended December 31, 2024.  The Company will also provide information about the recent Southern California Wildfires and its reinsurance program.

All interested investors will be able to access the conference call and the webcast with presentation slides at a number and website location that will be provided in a separate press release to be issued days before the conference call and webcast date.  A replay of the call and webcast will also be available shortly following the call.

Mercury General Corporation and its subsidiaries are a multiple line insurance organization offering predominantly personal automobile and homeowners insurance through a network of independent producers and direct-to-consumer sales in many states.  For more information, visit the Company's website at http://www.mercuryinsurance.com.

The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for certain forward-looking statements. Certain statements contained in this press release are forward-looking statements based on the Company's current expectations and beliefs concerning future developments and their potential effects on the Company. There can be no assurance that future developments affecting the Company will be those anticipated by the Company. Actual results may differ from those projected in the forward-looking statements. These forward-looking statements involve significant risks and uncertainties (some of which are beyond the control of the Company) and are subject to change based upon various factors, including but not limited to the following risks and uncertainties: changes in the demand for the Company's insurance products, inflation and general economic conditions, including general market risks associated with the Company's investment portfolio; the accuracy and adequacy of the Company's pricing methodologies; catastrophes in the markets served by the Company; uncertainties related to estimates, assumptions and projections generally; the possibility that actual loss experience may vary adversely from the actuarial estimates made to determine the Company's loss reserves in general; the Company's ability to obtain and the timing of the approval of premium rate changes for insurance policies issued in the states where it operates; legislation adverse to the automobile insurance industry or business generally that may be enacted in the states where the Company operates; the Company's success in managing its business in non-California states; the presence of competitors with greater financial resources and the impact of competitive pricing and marketing efforts; the Company's ability to successfully allocate the resources used in the states with reduced or exited operations to its operations in other states; changes in driving patterns and loss trends; acts of war and terrorist activities; pandemics, epidemics, widespread health emergencies, or outbreaks of infectious diseases; court decisions and trends in litigation and health care and auto repair costs; and legal, cybersecurity, regulatory and litigation risks. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as the result of new information, future events or otherwise. For a more detailed discussion of some of the foregoing risks and uncertainties, see the Company's filings with the Securities and Exchange Commission.

Mercury General Corporation logo (PRNewsFoto/Mercury General Corporation) (PRNewsFoto/Mercury General Corporation)

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SOURCE Mercury General Corporation

FAQ

When will Mercury General (MCY) report Q4 2024 earnings?

Mercury General (MCY) will report its Q4 2024 earnings on February 12, 2025, at 9:00 A.M. Pacific Time (12:00 P.M. Eastern Time).

What topics will Mercury General (MCY) cover in its Q4 2024 earnings call?

The earnings call will cover Q4 and full-year 2024 results, information about the recent Southern California Wildfires, and details about the company's reinsurance program.

How will investors be able to access Mercury General's (MCY) Q4 2024 earnings call?

Access details for the conference call and webcast will be provided in a separate press release to be issued before the event date.

Will there be a replay available for Mercury General's (MCY) Q4 2024 earnings call?

Yes, a replay of the call and webcast will be made available shortly after the event concludes.
Mercury General

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Insurance - Property & Casualty
Fire, Marine & Casualty Insurance
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United States
LOS ANGELES