Mercury General reports Q1 2026 net income of $190M, reversing prior-year loss

MERCURY GENERAL CORP

Net income of $190M for Q1 2026 vs net loss of $108M in Q1 2025.
Operating income (non-GAAP) of $194M vs operating loss of $127M in Q1 2025.
Net premiums earned $1,452M, up 13.2% from $1,283M in Q1 2025.
Direct premiums written $1,573M, up from $1,445M in Q1 2025.
Approx. 2.31M policies in force as of March 31, 2026; claims satisfaction score over 78% since 2023.

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