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Home > Company Index > Insurance > Property & Casualty Insurance > Mercury General Corporation

Mercury General Corporation
NYSE: MCY
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 NEWS FROM THE WIRES
New Issue -Mercury General sells $125 mln 10-yr notes
Aug 02 2001 07:33 AM PDT

US Corp Bonds-Open tighter; Citigroup launches
Aug 02 2001 06:44 AM PDT

More WIRE STORIES about this company

 PROFILE
Mercury General is the parent of a group of companies that write all risk classifications of automobile insurance. The company primarily operates in California, where about 90% of its direct premiums are written. Mercury General also sells homeowners, mechanical breakdown, and commercial property insurance. Mercury General sells its policies through more than 2,000 independent agents, of which about half operate in California; nearly 600 of them represent subsidiary American Mercury Insurance in Oklahoma and Texas. Chairman and founder George Joseph owns more than a third of the company.

 COMPETITION
21st Century Insurance Group (TW)
Danielson Holding Corporation (DHC)
State Farm Insurance Companies (dossier)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 1,366.00
1-Yr. Sales Growth: 6.7%
Employees: 2,600
Revenue per employee: $525,384.62

 KEY PEOPLE
• George Joseph
    CEO
• Gabriel Tirador
    CFO

 CONTACT INFO
4484 Wilshire Blvd.
Los Angeles, CA 90010
US
Phone: 323-937-1060
Fax: 323-857-7116
Online: Web Site

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