Mercury General Q4: op EPS $2.78, combined ratio 91.4%; CA wildfires net loss est $155-325M

MERCURY GENERAL CORP

2024-FY EPS reported $8.45 revenue$5,475,633,000

Q4 net premiums earned up 18.1% YoY to $1.35B; combined ratio improved 7.2 pts to 91.4%.
Operating income per diluted share $2.78 (non-GAAP), up 142% YoY; GAAP net income $1.82 per share.
Quarterly dividend of $0.3175 declared, payable March 27 to shareholders of record March 13.
CA DOI approved 12% homeowners rate increase effective March 2025; line ~16% of 2024 premiums.
Jan 2025 Palisades/Eaton wildfires: est. gross losses $1.6-2.0B, net loss $155-325M; company has $1B+ cash.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.