Mercury General Corporation to Release Third Quarter Results on November 2, 2021
Posted: October 8, 2021 at 12:14 p.m. PDT|Update: 8 hours ago
LOS ANGELES, October 8, 2021 / PRNewswire / – Mercury General Corporation (NYSE: MCY) today announced that after market close on Tuesday, November 2, 2021, the Company will issue a press release on its results for the third quarter of 2021 and will also file its quarterly report on Form 10-Q with the Securities and Exchange Commission. The earnings press release should be read in conjunction with the Company’s Quarterly Report on Form 10-Q.
Mercury General Corporation and its subsidiaries are a multi-line insurance company primarily providing auto and personal home insurance through a network of independent producers in many states. For more information, visit the Company’s website at http://www.mercuryinsurance.com.
The Private Securities Litigation Reform Act of 1995 provides a “safe harbor” for certain forward-looking statements. Certain statements contained in this press release are forward-looking statements based on the Company’s current expectations and beliefs regarding future developments and their potential effects on the Company. There can be no assurance that future developments affecting the Company will be those anticipated by the Company. Actual results may differ from those projected in forward-looking statements. These forward-looking statements involve significant risks and uncertainties (some of which are beyond the control of Company) and are subject to change based on various factors, including, but not limited to the following risks and uncertainties: changes in demand for the Company’s insurance products, inflation and general economic conditions, including general market risks associated with the Company’s investment portfolio; the accuracy and adequacy of the Company’s pricing methodologies; catastrophes in the markets served by the Company; uncertainties associated with estimates, assumptions and projections in general; the possibility that actual loss experience may differ from actuarial estimates made to determine the Company’s claims reserves in general; the Company’s ability to obtain and timing of approval of premium rate changes for insurance policies issued in the states in which it operates; legislation unfavorable to the automobile insurance industry or to the business in general which may be enacted in the States in which the Company operates; the success of the Company in managing its activities inCalifornia States; the presence of competitors with greater financial resources and the impact of competitive pricing and marketing efforts; the Company’s ability to successfully manage its claims organization outside of California; the Company’s ability to successfully allocate resources used in States with reduced or abandoned operations to its operations in other States; changes in driving habits and loss trends; acts of war and terrorist activities; pandemics, epidemics, generalized health emergencies or outbreaks of infectious diseases; court rulings and trends in litigation and health care and auto repair costs; and legal, cybersecurity, regulatory and litigation risks. The Company assumes no obligation to publicly update or revise forward-looking statements, whether as a result of new information, future events or otherwise. For a more detailed discussion of some of the above risks and uncertainties, see the documents filed by the Company with the Securities and Exchange Commission.
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