Fitch Ratings said that it has affirmed the 'A' Issuer Default Rating or IDR on Mercury General Corp. (MCY) and the 'A+' Insurer Financial Strength or IFS ratings on MCY's subsidiaries.
Additionally, Fitch has affirmed the 'A' IDR on MCY's subsidiary, Mercury Casualty Co., and 'A' rating on Mercury Casualty's secured senior bank debt. The Rating Outlook is Stable.
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