Mercury General Corp (NYSE:MCY)
CAPS Rating:
The Company and its subsidiaries are engaged primarily in writing automobile insurance in a number of states, principally California.
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The Company and its subsidiaries are engaged primarily in writing automobile insurance in a number of states, principally California.
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Strong farnchise in California market, which will grow more as uninsured drivres will be forced to get insurance. Change of control might be possible as Joseph, who holds 30% of stock, retired.