Adjusted diluted earnings per share dropped 48% to $0.64 per share, from $1.23 per share last year.
In the third quarter, Mercury General posted cat losses, net of reinsurance, of...
Mercury General’s Q3 profit plunges as combined ratio weakens five points to 99%
Operating profit at Mercury General dove 47.5% in the third quarter while its combined ratio weakened by five points to 99%, the company said on Tuesday.
