LOS ANGELES (AP) — LOS ANGELES (AP) — Mercury General Corp. (MCY) on Tuesday reported a loss of $45.3 million in its first quarter.
On a per-share basis, the Los Angeles-based company said it had a loss of 82 cents. Losses, adjusted for investment gains, were $1.52 per share.
The auto insurance company posted revenue of $1.11 billion in the period. Its adjusted revenue was $1.06 billion.
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