Mercury General CoR spikes 10.4 points to 115.8% as auto inflationary trends persist
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Mercury General CoR spikes 10.4 points to 115.8% as auto inflationary trends persist

Farhin Lilywala
February 14, 2023
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Mercury General's combined ratio increased 10.4 points year-on-year to 115.8%, as inflationary pressures continue to impact the personal auto-focused carrier's results.

The carrier cited inflation, repair and part costs, supply chain issues and labor shortages as the drivers behind an increase in auto loss severity, and ultimately the deterioration on its fourth-quarter and year-end loss ratios.

Mercury

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NewsResultsMercury GeneralEarnings
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Farhin Lilywala
Section Editor, Distribution & Specialty
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