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19.03.26 - 17:01
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Used Cars Still Dominate the Market; Prices Near $26,000 (PR Newswire)
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With nearly 37 million used vehicles sold annually — more than double new-car sales — Mercury Insurance shares smart buying tips as shoppers hunt for value LOS ANGELES, March 19, 2026 /PRNewswire/ -- Used-car shoppers are entering a market that has changed dramatically since the pandemic,......
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24.02.26 - 20:15
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AM Best Revises Outlooks to Stable and Affirms Credit Ratings of Mercury General Corporation and Its Subsidiaries (Business Wire)
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OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) for the members of Mercury Casualty Group (Mercury). Concurrently, AM Best has revised the outlook to stable from negative and affirmed the Long-Term ICR of “bbb” (Good) of the organization's publicly traded ultimate parent, Mercury General Corporation (MGC) (Los Angeles, CA) [NYSE: MCY]. AM Best has also revised the outlook to stable from negative and affirmed the Long-Term Issue Credit Rating of “bbb” (Good) of MGC's $375 million, 4.4% senior unsecured notes, due 2027. (Please see below for a detailed list of Mercury's member companies.)
These Credit Ratings (ratings) reflect Mercury's balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.
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