Mercury General (NYSE:MCY) is an insurance holding company that writes personal and commercial property and casualty insurance. Its principal business is automobile insurance, including coverage for private passenger vehicles and commercial vehicles. The company also offers homeowners, renters, condominium, and other property-related insurance products, along with selected mechanical protection and umbrella coverage.
Founded in 1961, Mercury General is based in Los Angeles, California, and operates primarily through subsidiaries that market insurance directly and through independent agents. California has historically been its largest market, while the company also serves policyholders in other states, including Arizona, Georgia, Illinois, Nevada, New Jersey, New York, Oklahoma, Texas, and Virginia. Its products and geographic availability may vary by state and subsidiary.
Mercury General is led by President and Chief Executive Officer Gabriel Tirador. The company emphasizes automobile and property insurance products designed for individual and business customers, supported by claims handling, underwriting, and agent distribution operations.
