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Summary Of Investments Other Than Investments In Related Parties | 12 Months Ended
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Dec. 31, 2023
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Abstract] |
Summary Of Investments Other Than Investments In Related Parties |
Type of Investment | Cost |  | Fair Value |  | Amounts in the Balance Sheet
| (Amounts in thousands)
Fixed maturity securities: |  |  |  |  |
U.S. government bonds | $ | 174,903 |  |  | $ | 174,450 |  |  | $ | 174,450 |
Municipal securities | 2,797,971 |  |  | 2,777,258 |  |  | 2,777,258 |
Mortgage-backed securities | 201,727 |  |  | 186,887 |  |  | 186,887 |
Corporate securities | 626,723 |  |  | 599,630 |  |  | 599,630 |
Collateralized loan obligations | 486,984 |  |  | 484,947 |  |  | 484,947 |
Other asset-backed securities | 106,675 |  |  | 96,164 |  |  | 96,164 |
Total fixed maturity securities | 4,394,983 |  |  | 4,319,336 |  |  | 4,319,336 |
Equity securities: |  |  |  |  |
Common stock | 497,543 |  |  | 597,888 |  |  | 597,888 |
Non-redeemable preferred stock | 64,860 |  |  | 51,563 |  |  | 51,563 |
Private equity funds measured at net asset value (1) | 92,536 |  |  | 81,242 |  |  | 81,242 |
Total equity securities | 654,939 |  |  | 730,693 |  |  | 730,693 |
Short-term investments | 179,375 |  |  | 178,491 |  |  | 178,491 |
Total investments | $ | 5,229,297 |  |  | $ | 5,228,520 |  |  | $ | 5,228,520 |
__________ (1)The fair value is measured using the NAV practical expedient. See Note 4. Fair Value Measurements of the Notes to Consolidated Financial Statements for additional information. SCHEDULE I, Continued MERCURY GENERAL CORPORATION AND SUBSIDIARIES SUMMARY OF INVESTMENTS OTHER THAN INVESTMENTS IN RELATED PARTIES DECEMBER 31, 2022
Type of Investment | Cost |  | Fair Value |  | Amounts in the Balance Sheet
| (Amounts in thousands)
Fixed maturity securities: |  |  |  |  |
U.S. government bonds | $ | 159,256 |  |  | $ | 158,607 |  |  | $ | 158,607 |
Municipal securities | 2,794,476 |  |  | 2,737,183 |  |  | 2,737,183 |
Mortgage-backed securities | 184,936 |  |  | 166,260 |  |  | 166,260 |
Corporate securities | 607,945 |  |  | 569,553 |  |  | 569,553 |
Collateralized loan obligations | 332,859 |  |  | 320,252 |  |  | 320,252 |
Other asset-backed securities | 147,318 |  |  | 136,456 |  |  | 136,456 |
Total fixed maturity securities | 4,226,790 |  |  | 4,088,311 |  |  | 4,088,311 |
Equity securities: |  |  |  |  |
Common stock | 463,940 |  |  | 558,169 |  |  | 558,169 |
Non-redeemable preferred stock | 64,686 |  |  | 51,236 |  |  | 51,236 |
Private equity funds measured at net asset value (1) | 140,217 |  |  | 90,147 |  |  | 90,147 |
Total equity securities | 668,843 |  |  | 699,552 |  |  | 699,552 |
Short-term investments | 123,928 |  |  | 122,937 |  |  | 122,937 |
Total investments | $ | 5,019,561 |  |  | $ | 4,910,800 |  |  | $ | 4,910,800 |
__________ (1)The fair value is measured using the NAV practical expedient. See Note 4. Fair Value Measurements of the Notes to Consolidated Financial Statements for additional information.

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- Definition The entire disclosure of information about investment held by insurance company, excluding investment in related party. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name Regulation S-X (SX) -Number 210 -Section 12 -Subsection 15 -Publisher SEC Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 320 -Name Accounting Standards Codification -Section S99 -Paragraph 7 -Subparagraph (SX 210.12-15) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480032/946-320-S99-7 + Details
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