---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-036061"
form_type: "8-K"
ticker: "MCY"
cik: "0000064996"
company_name: "MERCURY GENERAL CORP"
filed_at: "2022-11-01T23:59:59+00:00"
generated_at: "2026-06-22T19:49:46.929002+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001564590-22-036061
- form_type: 8-K
- ticker: MCY
- cik: 0000064996
- company_name: MERCURY GENERAL CORP
- filed_at: 2022-11-01T23:59:59+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/64996/000156459022036061/0001564590-22-036061-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/64996/000156459022036061/mcy-8k_20221101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-036061
- JSON: https://secwatch.observer/filing/0001564590-22-036061.json
- Plain text: https://secwatch.observer/filing/0001564590-22-036061.txt

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