Mercury General (MCY) Archives - Market Mad House

Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Market Insanity

Will Auto Insurance Companies make more money in California?

January 14, 2019January 16, 2019 daniel Are Auto Insurance Companies Good Dividend Stocks?, Auto Insurance Companies, Berkshire Hathaway (NYSE: BRK.A), Berkshire Hathaway (NYSE: BRK.B), How Data will Disrupt Auto Insurance Companies, Mercury General (MCY), Mercury General (NYSE: MCY), Progressive (NYSE: PGR), Why Berkshire Hathaway and Auto Insurance Companies could make less money in California, Will Auto Insurers Make Less money from Car Insurance in California

Therefore, California could limit the amount of float, Berkshire Hathaway (NYSE: BRK.A) brings in by changing the way auto insurance rates calculated. For instance, women could pay less and men more through gender-neutral auto insurance.