Mercury Insurance 2009 Annual Report Download - page 18

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MERCURY GENERAL CORPORATION
INDEX TO FORM 10-K
Page
PART I.
Item 1 Business ...................................................................... 1
General .................................................................. 1
Website Access to Information ................................................ 1
Organization .............................................................. 2
Production and Servicing of Business ........................................... 2
Underwriting .............................................................. 3
Claims ................................................................... 3
Losses and Loss Adjustment Expenses Reserves and Reserve Development ............ 3
Statutory Accounting Principles ............................................... 5
Investments ............................................................... 6
Competitive Conditions ...................................................... 8
Reinsurance ............................................................... 9
Regulation ................................................................ 9
Executive Officers of the Company ............................................ 12
Item 1A Risk Factors ................................................................... 14
Item 1B Unresolved Staff Comments ...................................................... 28
Item 2 Properties ..................................................................... 28
Item 3 Legal Proceedings .............................................................. 29
Item 4 Submission of Matters to a Vote of Security Holders ................................... 29
PART II.
Item 5 Market For Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of
Equity Securities ............................................................... 30
Item 6 Selected Financial Data .......................................................... 32
Item 7 Management’s Discussion and Analysis of Financial Condition and Results of Operations ..... 33
Item 7A Quantitative and Qualitative Disclosures about Market Risks ............................ 55
Item 8 Financial Statements and Supplementary Data ........................................ 58
Item 9 Changes in and Disagreements with Accountants on Accounting and Financial Disclosure ..... 97
Item 9A Controls and Procedures ......................................................... 98
Item 9B Other Information .............................................................. 98
PART III.
Item 10 Directors, Executive Officers, and Corporate Governance ............................... 99
Item 11 Executive Compensation ......................................................... 99
Item 12 Security Ownership of Certain Beneficial Owners and Management and Related Stockholder
Matters ....................................................................... 99
Item 13 Certain Relationships and Related Transactions, and Director Independence ................ 99
Item 14 Principal Accounting Fees and Services ............................................. 99
PART IV.
Item 15 Exhibits, Financial Statement Schedules ............................................ 100
SIGNATURES ........................................................................ 104
Report of Independent Registered Public Accounting Firm ...................................... S-1
Financial Statement Schedules ............................................................. S-2
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