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Mercury General Corporation Message Board

  • jonnieg4younme jonnieg4younme May 2, 2005 10:33 PM Flag

    Insurance risk

    This �final� court decision is not very good for Mercury. It requires them to amend their underwriting and business practices regarding 4 issues that Mercury management admits would be detrimental to their business plan.

    Thanks to the likes of AIG and other greedy insurance whores, one has to seriously consider how the current industry�s regulation environment has, and will continue to change. These issues cloud Mercury�s future and will have some significant negative impact on future earnings growth, especially if consumer rights continue to be trampled by the bad apples in the industry, giving consumer advocacy groups further momentum.

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