Forbes Names Mercury Insurance One Of 'America's 50 Most Trustworthy Financial Companies'
LOS ANGELES, Oct. 7, 2015 /PRNewswire/ -- Mercury Insurance has been named one of "America's 50 Most Trustworthy Financial Companies" by Forbes magazine with one of the highest scores for the past fiscal year. Headquartered in Los Angeles, Mercury (NYSE: MCY) primarily provides auto, homeowners and business insurance through a network of more than 8,000 independent agents in 13 states.
"It's a true honor to be included on this list again," said Mercury CEO and President, Gabriel Tirador. "Being recognized by Forbes as one of the most trustworthy financial companies is a tremendous achievement and it helps demonstrate to investors and customers that the trust they place in us is well-founded. We are committed to providing the best possible service to all of our customers and they should rest easy knowing Mercury will always be here when we're needed."
Forbes enlisted MSCI ESG Research to examine more than 700 publicly-traded North American companies with market caps of $250 million or greater, for the year ending March 2015, to develop this list. Criteria for assessing each company included high-risk events, revenue and expense recognition methods, SEC actions, and bankruptcy risk, which are all considered indicators of a company's credibility. The 50 honorees are sorted into three groupings – large-cap, mid-cap and small-cap companies. (Mercury is ranked among The Most Trustworthy Financial Mid-Cap Companies.)
This is the sixth time Mercury has been named to a Forbes "America's Most Trustworthy Companies" list.
ABOUT MERCURY INSURANCE
Mercury Insurance (MCY) is a multiple-line insurance organization predominantly offering personal automobile, homeowners and commercial insurance through a network of independent agents in Arizona, California, Florida, Georgia, Illinois, Michigan, Nevada, New Jersey, New York, Oklahoma, Pennsylvania, Texas and Virginia. Since 1962, Mercury has specialized in offering quality insurance at affordable prices. For more information visit www.mercuryinsurance.com or Facebook.com/MercuryInsurance and follow the company on Twitter.
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SOURCE Mercury Insurance