{"schema_version":"secwatch.filing_event.v1","accession":"0001564590-22-017433","form_type":"8-K","ticker":"MCY","cik":"0000064996","company_name":"MERCURY GENERAL CORP","filed_at":"2022-05-03T23:59:59+00:00","discovered_at":"2026-05-14T18:04:03.347331+00:00","generated_at":"2026-06-26T01:42:29.150469+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Mercury General reports Q1 net loss of $196.9M; combined ratio worsens to 109.5%","bullets":["Net loss of $196.9M ($3.56 diluted loss) vs net income of $107.0M ($1.93 diluted EPS) in Q1 2021.","Operating loss of $42.8M ($0.77 per share) vs operating income of $74.1M ($1.34 per share) a year ago.","Combined ratio deteriorated to 109.5% from 93.5%, driven by adverse reserve development of $53M and catastrophe losses of $22M.","Net realized investment losses of $154.1M after tax, compared to gains of $32.9M in prior year.","Declared quarterly dividend of $0.6350 per share, payable June 30, 2022 to shareholders of record June 16, 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0001564590-22-017433","json":"https://secwatch.observer/filing/0001564590-22-017433.json","markdown":"https://secwatch.observer/filing/0001564590-22-017433.md","text":"https://secwatch.observer/filing/0001564590-22-017433.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/64996/000156459022017433/0001564590-22-017433-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/64996/000156459022017433/mcy-8k_20220503.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-26T01:42:29.150469+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}