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Fitch Affirms Mercury General's Senior Debt & IFS Ratings

Business Wire Car Insurance Expired
Published by CarInsurance.com News 10:38 AM Oct-15-2005

Fitch Ratings has affirmed its 'A' long-term issuer rating on Mercury General Corporation (Mercury) and its 'A' rating on Mercury's senior unsecured notes due 2011. Mercury's ratings reflect its consistently good underwriting results, very strong capitalization, and strong competitive position and significant market share in California. While the entire auto industry results will be impacted, Fitch expects Mercury's performance to remain superior relative to the industry.....

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