Mercury General Q3 net loss $98.3M ($1.78/share); combined ratio 102.8%; declares $0.3175 dividend

MERCURY GENERAL CORP

2022-Q3 EPS reported -$9.14 revenue$2,491,373,000

Net loss $98.3M vs income $1.3M in Q3 2021; diluted loss per share $1.78.
Net premiums earned $996.9M (+6% YoY); combined ratio worsened to 102.8% from 99.0%.
Operating income (non-GAAP) fell 56% to $15.6M; net realized investment losses $113.9M after tax.
Inflationary pressures on auto parts, labor, medical costs; rate increases filed in many states.
Board declared quarterly dividend $0.3175/share, payable Dec 29 to record Dec 15.

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.