Mercury General Corporation reported second quarter 2026 net income of $263.5 million, or $4.76 per diluted share, compared to $166.5 million and $3.01 in the prior year period. Net premiums earned increased 9.6% to $1.5 billion, while the combined ratio improved to 89.9% from 92.5%. The company declared a quarterly cash dividend of $0.3175 per share, payable on September 24, 2026, to shareholders of record on September 10, 2026. Mercury General operates in the property and casualty insurance industry, predominantly offering personal automobile and homeowners insurance.

Mercury General Corporation entered into a Second Amended and Restated Credit Agreement on June 24, 2026, providing a $250.0 million unsecured revolving credit facility with Bank of America, N.A. as administrative agent. The facility matures on June 24, 2031, and proceeds can be used for general corporate purposes. Interest rates for borrowings will be based on a fluctuating rate of Term SOFR or Base Rate plus a margin that ranges from 1.00% to 1.50% for SOFR and 0.00% to 0.50% for Base Rate, depending on the Debt to Capital Ratio. The agreement contains financial covenants regarding consolidated shareholders' equity, Debt to Capital Ratio, and Risk Based Capital Ratio. Mercury General Corporation is an insurance company providing various types of insurance coverage.

Mercury General Corporation completed a public offering of $525.0 million aggregate principal amount of 6.250% Senior Notes due 2036, issued at 99.764% of principal. The company entered into a Fourth Amendment to its existing Credit Agreement with Bank of America, N.A. to permit the Notes to be incurred as permitted indebtedness. Mercury General Corporation is an insurance company providing automobile and homeowners insurance products.

Mercury General reported consolidated financial highlights for the three months ended March 31, 2026, showing a return to profitability with net income of $190 million and operating income of $194 million, compared to a net loss of $108 million and operating loss of $127 million for the same period in 2025. Net premiums earned rose to $1,452 million from $1,283 million year-over-year. As of March 31, 2026, the company had 2.31 million policies in force, including 1.06 million personal auto and 906,000 homeowners policies. The company operates in the insurance industry, primarily writing personal automobile insurance.