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Summary Of Investments Other Than Investments In Related Parties
 12 Months Ended
Dec. 31, 2024
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 InvestmentCostFair ValueAmounts in the
Balance Sheet
 (Amounts in thousands)
Fixed maturity securities:
U.S. government bonds$94,102 $93,837 $93,837 
Municipal securities3,018,428 2,987,054 2,987,054 
Mortgage-backed securities271,444 259,421 259,421 
Corporate securities863,323 841,715 841,715 
Collateralized loan obligations623,817 626,255 626,255 
Other asset-backed securities111,344 105,096 105,096 
Total fixed maturity securities4,982,458 4,913,378 4,913,378 
Equity securities:
Common stock634,821 741,369 741,369 
Non-redeemable preferred stock52,206 42,603 42,603 
Private equity funds measured at net asset value (1)
108,041 95,203 95,203 
Total equity securities795,068 879,175 879,175 
Short-term investments283,792 283,817 283,817 
Total investments$6,061,318 $6,076,370 $6,076,370 
__________ 
(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, 2023
Type of InvestmentCostFair ValueAmounts in the
Balance Sheet
 (Amounts in thousands)
Fixed maturity securities:
U.S. government bonds $174,903 $174,450 $174,450 
Municipal securities2,797,971 2,777,258 2,777,258 
Mortgage-backed securities201,727 186,887 186,887 
Corporate securities626,723 599,630 599,630 
Collateralized loan obligations486,984 484,947 484,947 
Other asset-backed securities106,675 96,164 96,164 
Total fixed maturity securities4,394,983 4,319,336 4,319,336 
Equity securities:
Common stock497,543 597,888 597,888 
Non-redeemable preferred stock64,860 51,563 51,563 
Private equity funds measured at net asset value (1)
92,536 81,242 81,242 
Total equity securities654,939 730,693 730,693 
Short-term investments179,375 178,491 178,491 
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.