Mercury County Mutual Ins Co
Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair overall results on stability tests (3.5) including excessive premium growth and negative cash flow from operations for 2024. Strengths include potentially strong support from affiliation with Mercury General Corporation. Strong long-term capitalization index (7.8) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years.
Other Rating Factors:
Excellent overall profitability index (6.9). Superior liquidity (9.1) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
Principal Lines of Business:
Personal/comm auto (100.0%)
Licensed in:
TX
Principal Investments:
Cash (60.2%), investment grade bonds (22.1%), other (17.7%)
Corporate Info
Group Affiliation
Mercury General Corporation
Investment Rating
Company Address
500 N. Meridian
Oklahoma City, OK 73107
Oklahoma City, OK 73107
Phone Number
(405) 621-6590
NAIC Number
29394
Website
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