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Best’s News & Research Service subscription required - July 31, 2024 04:08 PM (EDT)

Mercury General Swings to Second-Quarter Net Income After California Rate Hikes Take Effect

Mercury General Corp., which writes most of its business in California, swung to a $62.6 million net income from a $41.5 million net loss a year earlier, helped by rate hikes in its home state. . . .

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