---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-027474"
form_type: "8-K"
ticker: "MCY"
cik: "0000064996"
company_name: "MERCURY GENERAL CORP"
filed_at: "2022-08-02T23:59:59+00:00"
generated_at: "2026-06-24T06:08:26.300892+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Mercury General reports Q2 net loss of $210.7M, combined ratio 106.6%, dividend cut to $0.3175

## Summary
- Net loss of $210.7M ($3.80 diluted loss) vs net income of $109.2M in Q2 2021.
- Net premiums earned $987.5M, up 6.5% YoY; combined ratio deteriorated to 106.6% from 94.9%.
- Operating loss (non-GAAP) of $19.6M vs operating income of $62.7M in prior year.
- Net realized investment losses of $191.1M after tax, driven by equity market decline under fair value option.
- Quarterly dividend declared at $0.3175 per share, reduced from prior periods due to inflation; payable Sept 29 to holders of record Sept 15.

## SEC filing metadata
- accession: 0001564590-22-027474
- form_type: 8-K
- ticker: MCY
- cik: 0000064996
- company_name: MERCURY GENERAL CORP
- filed_at: 2022-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/64996/000156459022027474/0001564590-22-027474-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/64996/000156459022027474/mcy-8k_20220802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-027474
- JSON: https://secwatch.observer/filing/0001564590-22-027474.json
- Plain text: https://secwatch.observer/filing/0001564590-22-027474.txt

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