{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-036458","form_type":"8-K","ticker":"MCY","cik":"0000064996","company_name":"MERCURY GENERAL CORP","filed_at":"2023-08-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.411851+00:00","generated_at":"2026-06-12T19:35:12.843378+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Mercury General Q2 net loss $41.5M, operating loss $25.9M; combined ratio 110.1%","bullets":["Net loss $41.5M ($0.75/sh) vs $210.7M loss Q2 2022; net premiums earned up 4.8% to $1.03B.","Operating loss $25.9M ($0.47/sh) vs $19.6M loss year ago; catastrophe losses $92M net of reinsurance.","Combined ratio 110.1% worsened 3.5 pts YoY; year-to-date favorable prior-year reserve development $20M.","Board declared $0.3175/share quarterly dividend, payable Sept 28 to holders of record Sept 14.","California personal auto rate increase 14.4% in 2023; additional 20.8% pending regulatory approval."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-036458","json":"https://secwatch.observer/filing/0000950170-23-036458.json","markdown":"https://secwatch.observer/filing/0000950170-23-036458.md","text":"https://secwatch.observer/filing/0000950170-23-036458.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/64996/000095017023036458/0000950170-23-036458-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/64996/000095017023036458/mcy-20230801.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T19:35:12.843378+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"01bbfdd7933e56ceee6260d3e7a90af8db007e04","claim":"MERCURY GENERAL CORP reported second quarter ended June 30, 2023 results: revenue $ 1,034,469, net income $(41,543), EPS $(0.75).","evidence_excerpt":"Highlights Three Months Ended June 30, Change Six Months Ended June 30, Change 2023 2022 $ % 2023 2022 $ % (000's except per-share amounts and ratios) Net premiums earned $ 1,034,469 $ 987,512 $ 46,957 4.8 $ 2,039,173 $ 1,950,062 $ 89,111 4.6 Net premiums written (1) $ 1,115,345 $ 1,016,994 $ 98,351 9.7 $ 2,125,546 $ 2,027,791 $ 97,755 4.8 Net","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/64996/000095017023036458/0000950170-23-036458-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter ended June 30, 2023"},{"label":"Revenue","value":"$ 1,034,469"},{"label":"Net income","value":"$(41,543)"},{"label":"EPS","value":"$(0.75)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}