---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-056852"
form_type: "8-K"
ticker: "MCY"
cik: "0000064996"
company_name: "MERCURY GENERAL CORP"
filed_at: "2023-10-31T23:59:59+00:00"
generated_at: "2026-06-09T05:07:06.949144+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Mercury General Q3 net loss narrows to $8.2M; combined ratio improves to 98.6%

## Summary
- Net loss of $8.2M ($0.15 diluted loss) vs $98.3M loss in Q3 2022; operating income of $62.9M ($1.14/diluted)
- Net premiums earned $1.09B, up 9.4% YoY; net premiums written $1.21B, up 16.6%
- Combined ratio 98.6% vs 102.8% in prior year; catastrophe losses $33M vs $19M
- Board declares $0.3175 quarterly dividend, payable Dec 28, 2023 to holders of record Dec 14
- Pending CA rate increases: personal auto 20.8% and homeowners 7.0% awaiting DOI approval

## SEC filing metadata
- accession: 0000950170-23-056852
- form_type: 8-K
- ticker: MCY
- cik: 0000064996
- company_name: MERCURY GENERAL CORP
- filed_at: 2023-10-31T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/64996/000095017023056852/0000950170-23-056852-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/64996/000095017023056852/mcy-20231031.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-056852
- JSON: https://secwatch.observer/filing/0000950170-23-056852.json
- Plain text: https://secwatch.observer/filing/0000950170-23-056852.txt

## Key facts
- Earnings Releases
  MERCURY GENERAL CORP reported financial results for third quarter ended September 30, 2023.
  - Period: third quarter ended September 30, 2023
  - Result: reported results
  source text: On October 31, 2023, the Company issued a press release announcing its financial results for the third quarter ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/64996/000095017023056852/0000950170-23-056852-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.