Mercury General Corporation (NYSE: MCY)
Los Angeles, CA 90010 (Map) Phone: 323-937-1060
Fax: 323-857-7116
http://www.mercuryinsurance.com
Overview
Named after the Roman god of commerce and travel, Mercury General hopes to combine the two. The company is the parent of a group of insurers, including Mercury Casualty Company, that write automobile insurance for all risk classifications in about a dozen states. Plain old private auto insurance accounts for more than 80% of premiums written. However, Mercury General also sells commercial vehicle insurance and a bit of homeowners, mechanical breakdown, and fire insurance. The company sells its policies through roughly 5,700 independent agents -- with more than 1,100 each in California and Florida. Chairman George Joseph founded Mercury Casualty in 1961; he and his wife own more than 50% of the company.
Sample OverviewKey Numbers from Hoover's UK
Key financials for Mercury General Corporation (NYSE: MCY)
| Company Type | Public (NYSE: MCY) |
|---|---|
| Fiscal Year-End | December |
| 2010 Sales (mil.) | £1,794.3 |
| 1-Year Sales Growth | (11.1%) |
| 2010 Net Income (mil.) | £98.4 |
| 1-Year Net Income Growth | (62.2%) |
| 2010 Employees | 4,800 |
| 1-Year Employee Growth | (4.0%) |
Key People from Hoover's UK
Key people and executives for Mercury General Corporation (NYSE: MCY)
| Chairman | George Joseph (Subscribers see complete biographies -- view sample)
|
|---|---|
| President, CEO, and Director | Gabriel Tirador |
| VP and CFO | Theodore R. Stalick |
Top Competitors from Hoover's UK
Top competitors of Mercury General Corporation (NYSE: MCY)
There are 8 competitors for Mercury General; see more.Industry Information from Hoover's UK
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More Industry InformationRankings from Hoover's UK
See how Mercury General Corporation (NYSE: MCY) ranks in standard industry listings such as Fortune 500, S&P 500, and Dow Jones
- S&P 400
- #695 in FORTUNE 1000 (May 2011)
