LOS ANGELES (AP) — LOS ANGELES (AP) — Mercury General Corp. (MCY) on Tuesday reported earnings of $191.4 million in its fourth quarter. On a per-share basis, the Los Angeles-based company said it had profit of $3.46. Earnings, adjusted for investment gains, were $1.15 per share. The auto insurance company posted revenue of $1.37 billion in the period. Its adjusted revenue was $1.21 billion. For the year, the company reported profit of $96.3 million, or $1.74 per share. Revenue was reported as $4.53 billion. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MCY at https://www.zacks.com/ap/MCY
Q4 2023 Press Release
New AI technique significantly boosts Medicare fraud detection: Florida Atlantic University
Advisor News
- New Trump administration rule seeks to bail out private equity, credit with workers’ 401(k) savings
- US paves way for private assets to be included in 401(k) retirement plans
- Reynolds signs temporary tax hike to address Medicaid shortfall
- The DOL wants to open the gates to private equity in 401(k)s. Good idea?
- How to manage credit card debt in retirement
More Advisor NewsAnnuity News
- Three ways the Corebridge/Equitable merger could shake up the annuity market
- Corebridge, Equitable merge to create potential new annuity sales king
- LIMRA: Final retail annuity sales total $464.1 billion in 2025
- How annuities can enhance retirement income for post-pension clients
- We can help find a loved one’s life insurance policy
More Annuity NewsHealth/Employee Benefits News
- Ohio Dems push affordability legislation; critics tout consequences
- Congress unlikely to take up major health care legislation this year
- She Owed Her Insurer A Nickel, So It Canceled Her Coverage
- I didn’t look sick enough — My painful battle with insurance
- Colorado
Director of Medicaid agency to resign
More Health/Employee Benefits NewsLife Insurance News
- Hawai'i's Top Employers Profiles 2026
- Corebridge, Equitable Merger Creates $1.5tr Platfrom
- AM Best Removes from Under Review with Positive Implications and Affirms Credit Ratings of Sompo Seguros Mexico S.A. de C.V.
- Corebridge, Equitable merge to create potential new annuity sales king
- Aflac adds new long-term care rider
More Life Insurance News