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Mercury General Corporation Message Board

  • passinthru58 passinthru58 Oct 26, 2001 4:32 PM Flag

    Earnings (range) Guess

    $.50 to $.52.

    I'd like to hear information on year-over-year earned rate growth (can't be that much with the 3rd quarter rate approval) vs. loss cost growth. With little of the former and about 2-3 points of the latter (industry trend), it would be reasonable to expect California COR's in the 98.5-100 range. Based on how other states weigh in, an overall COR in the 99-100 range wouldn't be unusual.

53.01+0.31(+0.59%)12:48 PMEDT