Insurer Mercury Says It Will Survive and Prosper Despite California’s Wildfires
The stock had slumped 25% after the fires to around $50 as investors made the small-cap company into a focused bet on ...
Update: High wind watch affecting Northern California until Friday morning
Northern California is under an updated high wind watch which was issued by the National Weather Service on Wednesday at 4:43 ...
Flood watch issued for Northern California until Saturday night
Northern California is included in a flood watch issued by the National Weather Service on Thursday at 6:59 a.m. The watch is ...
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Mercury General reports Q4 2024 results as it preps for California wildfire impact
The California Department of Insurance approved a 12% rate increase for Mercury General's California homeowners insurance ...
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Mercury puts gross LA wildfire loss at up to $2bn, still undecided on one or two events for reinsurance
Los Angeles, California-based insurer Mercury General expects gross losses from the January 2025 wildfires to amount to $1.6 ...
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California's insurance crisis leaves neighbors facing unequal recovery after wildfires
Next-door neighbors lost their near-identical homes in a California wildfire, but how they are navigating rebuilding is a ...
Mercury Shares Rise After 4Q Earnings Soothe Wildfire Loss Concerns
Mercury estimates its gross catastrophe losses from the fires will be $1.6 billion to $2 billion. Its reinsurance program provides $1.29 billion of limits on a per occurrence basis after covered ...
Planetary alignment happening in February: Planets make 'string' across California skies
Take advantage of a special 6-7 planet alignment from Earth's perspective. Planets 'line up' in the skies over California in ...
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David Lee Roths 1951 Mercury: A Hot Rod Fit for a Rock God
David Lee Roth, the flamboyant frontman of Van Halen, has always been known for his larger-than-life personality, high-energy ...
Mercury General signals strong 2025 recovery backed by $1.6B-$2B wildfire loss estimates and 12% rate hike
Q4 2024. Management View. CEO Gabriel Tirador highlighted that Mercury General achieved record-breaking results for ...
To Help Pay for L.A. Fires, California Will Collect $1 Billion From Insurers
California will collect $1 billion in special fees from insurance companies to make sure it can pay out Los Angeles fire claims filed with the Fair Plan, California's insurer of last resort, the state ...