Mercury General Corp.

                                   
 

Overview

Los Angeles-based Mercury General Corp. is a personal automobile and homeowners insurance company, writing insurance mainly in California. It also provides mechanical breakdown, commercial and dwelling fire, and commercial property insurance. The company has a network of independent agents and brokers in 13 states. Subsidiary Mercury Casualty Co. recently acquired AIS Management LLC, parent of Auto Insurance Specialists LLC and PoliSeek AIS Insurance Solutions Inc.

Mercury founder and chairman George Joseph made the Los Angeles Business Journal's 50 Wealthiest Angelenos List.

Sectors

Recruiting


Following larger than expected losses, the company recently instituted a salary and hiring freeze and plans to cut 360 jobs -- about 7% of its staff.

Facts & Resources


Employees:   5,000
Stock Quote   MCY
Company Site:   www.mercuryinsurance.com
Career Site:   Careers



Resources


Subsidiaries & Divisions


  • American Mercury Insurance Co.
  • California Automobile Insurance Co.
  • Mercury Casualty Co.
  • Mercury Insurance Co.

Competitors


 

 



 
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