---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-167999"
form_type: "8-K"
ticker: "MCY"
cik: "0000064996"
company_name: "MERCURY GENERAL CORP"
filed_at: "2025-07-29T23:59:59+00:00"
generated_at: "2026-05-17T23:52:05.071419+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Mercury General Q2 net income jumps 166% to $166.5M on lower catastrophe losses; combined ratio improves to 92.5%

## Summary
- Diluted EPS $3.01 vs $1.13 a year ago; operating EPS $2.67 vs $1.09.
- Net premiums earned up 10.6% to $1.367B; combined ratio 92.5% (improved 6.4 pts).
- Catastrophe losses net of reinsurance fell to $13M in Q2 from $125M, aided by $50M subrogation on wildfires.
- Board declares $0.3175/sh quarterly dividend payable Sept. 25, 2025 (record Sept. 11).
- Updated on Palisades/Eaton wildfires: net losses $359M YTD; $528M subrogation recorded vs SCE.

## SEC filing metadata
- accession: 0001193125-25-167999
- form_type: 8-K
- ticker: MCY
- cik: 0000064996
- company_name: MERCURY GENERAL CORP
- filed_at: 2025-07-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/64996/000119312525167999/0001193125-25-167999-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/64996/000119312525167999/d949213d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-167999
- JSON: https://secwatch.observer/filing/0001193125-25-167999.json
- Plain text: https://secwatch.observer/filing/0001193125-25-167999.txt

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