LOS
ANGELES, Oct. 8, 2024 /PRNewswire/ -- Mercury
General Corporation (NYSE: MCY) reported today that after the
markets close on Tuesday, October 29,
2024, the Company will issue an earnings press release
reporting its results for the third quarter of 2024, and will
also file its quarterly report on Form 10-Q with the Securities and
Exchange Commission. The earnings press release should be read in
conjunction with the Company's quarterly report on Form 10-Q.
Mercury General Corporation and its subsidiaries are a multiple
line insurance organization offering predominantly personal
automobile and homeowners insurance through a network of
independent producers and direct-to-consumer sales in many states.
For more information, visit the Company's website at
http://www.mercuryinsurance.com.
The Private Securities Litigation Reform Act of 1995 provides
a "safe harbor" for certain forward-looking statements. Certain
statements contained in this press release are forward-looking
statements based on the Company's current expectations and beliefs
concerning future developments and their potential effects on the
Company. There can be no assurance that future developments
affecting the Company will be those anticipated by the Company.
Actual results may differ from those projected in the
forward-looking statements. These forward-looking statements
involve significant risks and uncertainties (some of which are
beyond the control of the Company) and are subject to change
based upon various factors, including but not limited to the
following risks and uncertainties: changes in the demand for the
Company's insurance products, inflation and general economic
conditions, including general market risks associated with the
Company's investment portfolio; the accuracy and adequacy of the
Company's pricing methodologies; catastrophes in the markets served
by the Company; uncertainties related to estimates, assumptions and
projections generally; the possibility that actual loss experience
may vary adversely from the actuarial estimates made to determine
the Company's loss reserves in general; the Company's ability to
obtain and the timing of the approval of premium rate changes for
insurance policies issued in the states where it operates;
legislation adverse to the automobile insurance industry or
business generally that may be enacted in the states where the
Company operates; the Company's success in managing its business in
non-California states; the
presence of competitors with greater financial resources and the
impact of competitive pricing and marketing efforts; the Company's
ability to successfully allocate the resources used in the states
with reduced or exited operations to its operations in other
states; changes in driving patterns and loss trends; acts of war
and terrorist activities; pandemics, epidemics, widespread health
emergencies, or outbreaks of infectious diseases; court
decisions and trends in litigation and health care and auto repair
costs; and legal, cybersecurity, regulatory and litigation risks.
The Company undertakes no obligation to publicly update or revise
any forward-looking statements, whether as the result of new
information, future events or otherwise. For a more detailed
discussion of some of the foregoing risks and uncertainties, see
the Company's filings with the Securities and Exchange
Commission.
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SOURCE Mercury General Corporation