Financial stocks largely retreated in the past week, which featured an extended rally in Treasury yields and hawkish remarks ...
The long-term picture for the insurance industry is brighter. Through the past five years of hurricanes and fires, insurance ...
Devastation could result in fewer coverage options for homeowners, with higher prices based on recent reforms.
The fires could cause more than $20 billion in damages, further straining the state’s fragile insurance market.
Mercury General ( (MCY) ) has issued an announcement. Mercury General Corporation has released its preliminary assessment of ...
Diversified Trust Co lifted its stake in shares of Mercury General Co. (NYSE:MCY – Free Report) by 9.9% during the fourth quarter, HoldingsChannel.com reports. The fund owned 8,909 shares of the ...
Mercury General Corporation is expecting losses from the Los Angeles wildfires to exceed its insurance retention level of ...
Shares of insurance companies, including Mercury General, Lemonade, and Kemper, fell Friday as investors assessed their exposure to the wildfires raging through Southern California.
Shares of banks and other financial institutions fell as fears about a spike in Treasury yields and the Californian wildfires weighed. The 10-year Treasury yield, a benchmark for a range of consumer ...
California-based property and casualty insurer Mercury General (MCY) is tumbling 20% today after the insurer warned that its losses from California ...
The fires ravaging upmarket Los Angeles districts Pacific Palisades and Malibu will be the most expensive ever to hit California, according to experts, who expect premiums to rise in a ...
U.S. insurance stocks slid on Friday as analysts estimated insured losses from the wildfires menacing Los Angeles could reach ...