Mercury Insurance Suffers $23.6M Net Loss - Surety Bond Forums

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02-08-2011, 12:25 AM

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Mercury Insurance Suffers $23.6M Net Loss

Due in part to claims from California rainstorms and Florida sinkholes, Los Angeles-based Mercury Insurance reported a fourth quarter net loss of $23.6 million, compared with net income of $34.2 million for the same period in 2009. For the year, …

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