• Mercury’s annual report said the company handled more than 2,900 claims tied to Southern California wildfires, with total expected payments of about USD 2.2 billion when claims are closed.
• Catastrophe reinsurance limits purchased for the July 2025 through June 2026 period increased to USD 2.1 billion from USD 1.3 billion.
• Management said it added a team of climate scientists to update catastrophe modeling and support underwriting and pricing decisions.
• Across personal and commercial lines, Mercury cited higher average premiums from rate actions and increased policy sales as key drivers of premium growth.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mercury General Corporation published the original content used to generate this news brief on March 27, 2026, and is solely responsible for the information contained therein.