{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-033701","form_type":"8-K","ticker":"MCY","cik":"0000064996","company_name":"MERCURY GENERAL CORP","filed_at":"2024-02-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.673464+00:00","generated_at":"2026-06-06T03:55:19.296115+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Mercury General Q4 net income $191M vs loss; combined ratio 98.6%; declares $0.3175 dividend","bullets":["Q4 net income $191.4M ($3.46 diluted EPS) vs loss $6.8M ($0.12 loss) a year ago; operating income $63.6M ($1.15 per share).","Combined ratio improved to 98.6% in Q4 from 115.8% YoY; full-year 105.4% vs 108.7%.","California DOI approved auto rate hikes of 22.5% (MIC) and 3.8% (CAIC), effective late Feb 2024; these lines represent ~53% of earned premiums.","Quarterly dividend declared $0.3175 per share, payable March 27, 2024 to holders of record March 13, 2024.","Q4 catastrophe losses fell to $16M from $40M; Jan 2024 California atmospheric river storm losses not yet estimable."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-033701","json":"https://secwatch.observer/filing/0001193125-24-033701.json","markdown":"https://secwatch.observer/filing/0001193125-24-033701.md","text":"https://secwatch.observer/filing/0001193125-24-033701.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/64996/000119312524033701/0001193125-24-033701-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/64996/000119312524033701/d730120d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T03:55:19.296115+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":"4f572bf6625499e88506ab050dd227d06910f36b","claim":"MERCURY GENERAL CORP reported the fiscal year ended December 31, 2023 results: revenue $ 4,274,378, net income $ 96,336, EPS $ 1.74.","evidence_excerpt":"Twelve Months Ended December 31, Change 2023 2022 $ % 2023 2022 $ % (000’s except per-share amounts and ratios) Net premiums earned $ 1,144,895 $ 1,005,482 $ 139,413 13.9 % $ 4,274,378 $ 3,952,482 $ 321,896 8.1 % Net premiums written (1) $ 1,132,150 $ 915,750 $ 216,400 23.6 % $ 4,464,199 $ 3,978,017 $ 486,182 12.2 % Net realized investment gains (losses), net of","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/64996/000119312524033701/0001193125-24-033701-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal year ended December 31, 2023"},{"label":"Revenue","value":"$ 4,274,378"},{"label":"Net income","value":"$ 96,336"},{"label":"EPS","value":"$ 1.74"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"b8d0eaf35b3e4aca8b3c900abf4cac53ab31a973","claim":"MERCURY GENERAL CORP reported the fourth quarter ended December 31, 2023 results: revenue $ 1,144,895, net income $ 191,394, EPS $ 3.46.","evidence_excerpt":"Three Months Ended December 31, Change Twelve Months Ended December 31, Change 2023 2022 $ % 2023 2022 $ % (000’s except per-share amounts and ratios) Net premiums earned $ 1,144,895 $ 1,005,482 $ 139,413 13.9 % $ 4,274,378 $ 3,952,482 $ 321,896 8.1 % Net premiums written (1) $ 1,132,150 $ 915,750 $ 216,400 23.6 % $ 4,464,199 $ 3,978,017 $ 486,182 12.2 % Net","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/64996/000119312524033701/0001193125-24-033701-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2023"},{"label":"Revenue","value":"$ 1,144,895"},{"label":"Net income","value":"$ 191,394"},{"label":"EPS","value":"$ 3.46"},{"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"}