Texas Insurance Professionals/PIA of Texas Salute One of America's
Fastest Growing Insurers
AUSTIN, Texas, Sept. 6 /PRNewswire-FirstCall/ -- Mercury Insurance Group
has been named "Texas Insurance Company of the Year" by the Texas Insurance
Professionals, the Texas affiliate of PIA National. The award was announced
at their Annual Meeting, held recently in San Antonio.
"Mercury's commitment to Texas is very impressive. The company's
professionalism is outstanding, and that's why it has been so successful in
Texas," said Jimmy Beathard, President of Texas Insurance Professionals (PIA
of Texas).
"During the selection process, I heard comments from several of our
members about why they chose Mercury as company of the year. Some of the
reasons given included Mercury's support of independent agents and their
loyalty to Texas agents in good times and bad," added Beathard.
Mercury General Corporation (NYSE: MCY), parent company of Mercury
Insurance Group, is America's 14th largest writer of private passenger auto
insurance, according to AM Best, a worldwide insurance rating and information
agency founded in 1899.
"Mercury Insurance is extremely pleased to be honored by such an
outstanding agency organization as the PIAT," said Richard L. McCathron, CPCU,
Mercury's Western Region Vice President. "We value our relationships with our
independent agent partners and look forward to continued improvements and
enhancements providing our agency partners with competitive, profitable and
easy to use slate of Mercury products," McCathron added.
Among America's fastest growing automobile insurers, Mercury has
continually increased its presence in Texas since arriving in 1996. Mercury
currently has 360 employees in Texas, 200 at its San Antonio call center and
160 at its regional office in Austin, which handles underwriting, claims,
marketing and administration for the Western region. Mercury plans continued
expansion in Texas.
California-based Mercury sells its insurance policies in 13 states through
a network of over 4,200 independent brokers and agents. Mercury's rapid
expansion in Texas reflects a significant growth in demand for Mercury's
insurance policies. The company's success in providing savings, service and
security is reflected in more than 10,000 drivers per week switching their
automobile insurance to Mercury, attracted by an average savings of over $600.
Surveys show Mercury consistently has some of the lowest rates available.
In addition to great value, Mercury also offers prompt service, reliability,
convenience and financial stability. This unique balance of value, strength
and service sets Mercury apart from other insurance companies and drives the
company's expansion.
Mercury, founded in 1961 by its Chairman George Joseph, operates primarily
as a personal automobile insurer and in some states also provides some
additional personal and commercial insurance products.
More information can be found at http://www.mercuryinsurance.com
SOURCE Mercury Insurance Group
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Related links:
http://www.mercuryinsurance.com
CONTACT:
John Brice, +1-858-456-3855,
JBrice@BriceandAssociates.com, for Mercury Insurance Group; or
Bruce Norman of Mercury Insurance Group, +1-661-291-6440,
BNorman@MercuryInsurance.com
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