Fitch Affirms Mercury General's Ratings; Outlook Stable

(The following statement was released by the rating agency)

CHICAGO, November 30 (Fitch) Fitch Ratings has affirmed the 'A'

Issuer Default

Rating (IDR) on Mercury General Corporation (NYSE: MCY) and the

'A+' Insurer

Financial Strength (IFS) ratings on MCY's subsidiaries.

Additionally, Fitch has

affirmed the 'A' IDR on MCY's subsidiary, Mercury Casualty Co.,

and 'A' rating

on Mercury Casualty's secured bank debt. The Rating Outlook is

Stable. A full

list of rating actions follows at the end

Read more