Even Low-Risk Homes Are Caught Up in California's Climate Insurance Crisis [Yahoo! Finance Canada]
Mercury General Corporation (MCY)
Last mercury general corporation earnings: 2/10 08:30 am
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Source: Yahoo! Finance Canada
tens of thousands of homeowners to obtain bare-bones coverage from the state's insurer of last resort. California intended the insurer, called the FAIR Plan, as a backstop for homeowners unable to secure insurance on the private market because they live in areas of the state classifies as at high risk for wildfire due to vegetation, terrain and weather. Between September 2024 and December 2025, enrollment in FAIR surged 43% as insurers pull back from California following a series of catastrophic wildfires, including last year's $40 billion Los Angeles inferno. Most Read from Bloomberg Two LPG Ships Sail Through Hormuz to Shortage-Hit India Second Dynacom Oil Tanker Passes Hormuz as Other Owners Hold Back Mamdani Wants New York Estate Tax Threshold Cut 90% to $750,000 Key UAE Port Suspends Oil Loadings After Drone Attack, Fire Venezuela Officials in Talks to Send Detained Maduro Ally to US But in a sign insurers have curtailed coverage even in places less likely to face
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News
- Even low-risk homes are caught up in California's climate-driven insurance crisis [Los Angeles Times (CA)]Los Angeles Times
- 40% Drop in Fuel Economy; Big Swings at the Pump; Why Your Driving Habits May Be Costing You More Than You Think [Yahoo! Finance]Yahoo! Finance
- 40% Drop in Fuel Economy; Big Swings at the Pump; Why Your Driving Habits May Be Costing You More Than You ThinkPR Newswire
- Is Mercury General (MCY) a Solid Growth Stock? 3 Reasons to Think "Yes" [Yahoo! Finance]Yahoo! Finance
- Best Income Stocks to Buy for March 13th [Yahoo! Finance]Yahoo! Finance
MCY
Earnings
- 2/17/26 - Beat
MCY
Sec Filings
- 2/24/26 - Form 4
- 2/24/26 - Form 4
- 2/24/26 - Form 4
- MCY's page on the SEC website