Mercury Insurance 2011 Annual Report Download - page 21
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PART I
Item 1. Business
General
Mercury General Corporation (“Mercury General”) and its subsidiaries (referred to herein collectively as the
“Company”) are primarily engaged in writing personal automobile insurance through 13 insurance subsidiaries
(referred to herein collectively as the “Insurance Companies”) in a number of states, principally California. The
Company also writes homeowners, commercial automobile and property, mechanical breakdown, fire, and
umbrella insurance. The direct premiums written for the years ended December 31, 2011, 2010, and 2009 by
state and line of business were:
Year Ended December 31, 2011
(Amounts in thousands)
Private
Passenger Auto Homeowners
Commercial
Auto Other Lines Total
California ..................... $1,613,954 $234,616 $48,161 $ 57,378 $1,954,109 75.8%
Florida ........................ 165,506 7,679 14,705 8,974 196,864 7.6%
Texas ......................... 61,373 3,986 5,831 22,860 94,050 3.7%
New Jersey .................... 88,171 2,396 — 462 91,029 3.5%
Other states .................... 176,598 36,511 6,945 23,577 243,631 9.4%
Total ..................... $2,105,602 $285,188 $75,642 $113,251 $2,579,683 100%
81.6% 11.1% 2.9% 4.4% 100%
Year Ended December 31, 2010
(Amounts in thousands)
Private
Passenger Auto Homeowners
Commercial
Auto Other Lines Total
California ..................... $1,627,938 $219,749 $57,451 $54,601 $1,959,739 76.6%
Florida ....................... 156,959 12,250 13,984 6,225 189,418 7.4%
Texas ......................... 63,788 1,552 5,874 16,678 87,892 3.4%
New Jersey .................... 86,510 1,144 — 388 88,042 3.4%
Other states ................... 180,568 26,865 7,194 19,107 233,734 9.2%
Total ..................... $2,115,763 $261,560 $84,503 $96,999 $2,558,825 100%
82.7% 10.2% 3.3% 3.8% 100%
Year Ended December 31, 2009
(Amounts in thousands)
Private
Passenger Auto Homeowners
Commercial
Auto Other Lines Total
California ..................... $1,696,378 $205,469 $65,685 $ 52,830 $2,020,362 77.9%
Florida ....................... 142,823 14,859 13,998 6,402 178,082 6.9%
Texas ......................... 71,064 1,724 6,679 16,451 95,918 3.7%
New Jersey .................... 81,225 — — 251 81,476 3.1%
Other states ................... 166,548 18,833 7,593 24,756 217,730 8.4%
Total ..................... $2,158,038 $240,885 $93,955 $100,690 $2,593,568 100%
83.2% 9.3% 3.6% 3.9% 100%
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