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Mercury Insurance Makes Strategic Investment in BurnBot
Mercury Insurance announced a strategic investment in BurnBot, a wildfire mitigation technology company. The investment reflects the company's approach to reducing wildfire risk before it turns into loss. BurnBot develops and operates robotic, data-driven systems designed to carry out hazardous fuels reduction and vegetation management at scale. The company works with public agencies, utilities, and communities to reduce wildfire risk across the wildland-urban interface. The partnership will initially focus on California, where BurnBot's mitigation efforts are already underway, with the potential to expand over time based on results and learnings.
Mercury Insurance Partners with Olympus Insurance to Expand Coverage
Mercury Insurance and Olympus Insurance announced a new partnership designed to expand access to bundled auto and homeowners insurance for customers across Florida.
Mercury General reports Q2 operating EPS $2.67 vs. $1.09 last year
Reports Q2 revenue $1.48B vs. $1.3B last year.
Mercury General rises 14.5%
Mercury General is up 14.5%, or $7.26 to $57.35.
Mercury General reports Q4 operating EPS $2.78 vs. $1.15 last year
Reports Q4 revenue $1.37B vs. $1.37B last year.
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