Mercury General

Mercury General
Company typePublic
NYSEMCY
S&P 600 Component
IndustryInsurance
Founded1960
Headquarters4484 Wilshire Boulevard
Los Angeles, California
Key people
Gabriel Tirador (CEO & President)
George Joseph (Founder & Chairman)
RevenueDecreaseUS$3.380 billion (2018) [1][2]
DecreaseUS$30.61 million (2018)[2]
DecreaseUS$5.728 million (2018)[2]
Total assetsIncreaseUS$5.433 billion (2018)[2]
Total equityDecreaseUS$1.617 billion (2018)[2]
OwnerGeorge Joseph and family (35.3%)[3]
Number of employees
4,300[4] (2017)
Websitewww.mercuryinsurance.com

Mercury General Corporation is a multiple-line insurance organization that offers personal automobiles, homeowners, renters, and business insurance. Mercury's primary focus is automobiles and homeowners' insurance.[5]

Founded in 1961 and located in Los Angeles, Mercury has assets of over $4 billion,[6] employs 4,500 people and more than 8,000 independent agents in Arizona, California, Florida, Georgia, Illinois, Nevada, New Jersey, New York, Oklahoma, Texas, and Virginia.[6]

  1. ^ "MCY Income Statement - Balance Sheet - Cash Flow - Mercury General Corporation Com Stock - Yahoo Finance". Retrieved 23 March 2017.
  2. ^ a b c d e "Mercury General Corp - Form 10-k - 2018". Retrieved 12 March 2019.
  3. ^ Proxy Statement
  4. ^ "Mercury General". Fortune. Retrieved 15 February 2019.
  5. ^ "Fitch Affirms Mercury General's Senior Debt & IFS Ratings". InsuranceUSA. Archived from the original on 31 October 2013. Retrieved 4 August 2024.
  6. ^ a b "Mercury Insurance Group Company Fact Sheet" (PDF). Mercury Insurance Corporate Website.