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MCY| Name | Value |
|---|---|
| Revenues | 1,530.4M |
| Cost of Revenue | 86.9M |
| Gross Profit | 1,443.5M |
| Operating Expense | 1,530.4M |
| Operating I/L | 294.8M |
| Other Income/Expense | -7.7M |
| Interest Income | 0.0M |
| Pretax | 287.1M |
| Income Tax Expense | 56.2M |
| Net Income/Loss | 230.9M |
Mercury General Corporation and its subsidiaries specialize in providing personal automobile insurance, homeowners insurance, commercial automobile insurance, commercial property insurance, mechanical protection, and umbrella insurance products in the United States. The company generates revenue by selling a range of insurance products, including collision, property damage, bodily injury, comprehensive, personal injury protection, underinsured and uninsured motorist coverage for automobiles, as well as dwelling, liability, personal property, fire, and other hazards coverage for homeowners. They distribute their policies through independent agents, insurance agencies, and internet sales portals in multiple states.
