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Auto and homeowners' insurance provider Mercury General Corp. said Monday that its first-quarter net income slipped five percent as it booked higher costs and investment income declined.

Mercury General Corp. is leaving the Florida homeowners market by the end of 2012—a decision driven by significant underwriting losses from sinkhole claims.

Los Angeles-based Mercury General Corp. said it spent $12.1 million in the second quarter in support of a ballot initiative that was defeated, adding nearly 2 points to the expense ratio.

The Los Angeles-based insurer said it increased its losses from the Oct. 24 storm from $12 million to $24 million. After tax, the company said it expects losses to increase from $8 million to $16 mill

Mercury General Q1 Profit Rose 63%NU Online News Service, May 3, 3:40 p.m. EDT?Mercury General Corp., a major auto insurer in California, reported a 63 ...

N.J. Challenges Lure Mercury General July 29The chairman of California-based Mercury General Corp. said the firms recently announced decision to enter the New Jersey auto ...

Mercury General Steps Into N.J.By Mark E. RuquetNU Online News Service, Aug. 7, 4:25 p.m. EDT ? Mercury General today received the go ahead from ...

Mercury General Reports Higher ProfitNU Online News Service, July 28, 9:23 a.m. EDT?Mercury General Corp., a major California auto insurer, improved its second-quarter results yesterday, ...