Mercury General sells Palisades Fire subrogation rights
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Mercury General sells Palisades Fire subrogation rights

Mercury’s recovery from the guaranteed percentage of losses is $47mn.

By Jairo Ibarra
July 29, 2025
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palisades fire los angeles smoke.png

Mercury General sold its subrogation rights on the Palisades Fire last month to an unnamed third party for a guaranteed percentage of losses incurred, according to a regulatory filing.

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News Catastrophe losses Personal lines California Insurers North America Wildfire
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