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 percent rise in its first-quarter profit, posting $68.8 million in income for the quarter compared with $42.1 million reported during the corresponding period in 2003.[@@]
The company also announced that it began issuing private passenger auto insurance policies in Arizona last month, making it the tenth state where it sells automobile insurance.
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