Compare · MCY vs PGR
MCY vs PGR
Side-by-side comparison of Mercury General Corporation (MCY) and Progressive Corporation (PGR): market cap, price performance, sector, and recent activity on the wire.
Summary
- Both MCY and PGR operate in Property-Casualty Insurers (Finance), so they compete in similar markets.
- PGR is the larger of the two at $119.22B, about 21.2x MCY ($5.62B).
- Over the past year, MCY is up 54.3% and PGR is down 24.8% - MCY leads by 79.0 points.
- MCY has been more active in the news (6 items in the past 4 weeks vs 2 for PGR).
- PGR has more recent analyst coverage (25 ratings vs 3 for MCY).
Mercury General Corporation
Mercury General Corporation, together with its subsidiaries, engages in writing personal automobile insurance in the United States. It also writes homeowners, commercial automobile, commercial property, mechanical protection, and umbrella insurance. The company's automobile insurance products include collision, property damage, bodily injury, comprehensive, personal injury protection, underinsured and uninsured motorist, and other hazards; and homeowners' insurance products comprise dwelling, liability, personal property, fire, and other hazards. It sells its policies through a network of independent agents, insurance agencies, and direct channels in Arizona, California, Florida, Georgia, Illinois, Nevada, New Jersey, New York, Oklahoma, Texas, and Virginia. The company was founded in 1961 and is headquartered in Los Angeles, California.
Progressive Corporation
The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, general liability, and other specialty property-casualty insurance products and related services in the United States. It operates in three segments: Personal Lines, Commercial Lines, and Property. The Personal Lines segment writes insurance for personal autos and recreational vehicles (RV). This segment's products include personal auto insurance; and special lines products, including insurance for motorcycles, ATVs, RVs, watercrafts, snowmobiles, and related products. The Commercial Lines segment provides auto-related primary liability and physical damage insurance, and business-related general liability and property insurance for autos, vans, pick-up trucks, and dump trucks used by small businesses; tractors, trailers, and straight trucks primarily used by regional general freight and expeditor-type businesses, and long-haul operators; dump trucks, log trucks, and garbage trucks used by dirt, sand and gravel, logging, and coal-type businesses; and tow trucks and wreckers used in towing services and gas/service station businesses; as well as non-fleet and airport taxis, and black-car services. The Property segment writes residential property insurance for homes, condos, manufactured homes, and renters, as well as offers personal umbrella insurance, and primary and excess flood insurance. The company also offers policy issuance and claims adjusting services; and acts as an agent to place business owner's policies, general and professional liability, and workers' compensation insurance. In addition, it provides reinsurance services. The company sells its products through independent insurance agencies, as well as directly on Internet through mobile devices, and over the phone. The Progressive Corporation was founded in 1937 and is headquartered in Mayfield, Ohio.
Latest MCY
- Mercury Insurance Named Best Automobile Insurance Provider by Newsweek Readers
- Summer Road Trips Are Back. Mercury Shares Safety Tips Drivers Should Know Before Hitting the Road
- Beautiful and Fire-Smart: How Firescaping Can Help Reduce Wildfire Risk Around the Home
- As Many Young Adults Enter Adulthood Unprepared for Financial Decisions, Mercury Insurance Shares Guidance for New Grads
- Embers, Not Flames: Why Many Homes Ignite During Wildfires
- America's Most Dangerous Driving Window Starts at 3pm - and Gets Worse an Hour Later
- What People Forget: The Top 5 Items Missing From Most Wildfire Evacuation Plans
- SEC Form S-3ASR filed by Mercury General Corporation
- Mercury Insurance Announces Strategic Investment in BurnBot to Advance Wildfire Mitigation and Make Insurance More Affordable and Available
- Mercury Insurance and Olympus Insurance Partner to Expand Auto and Home Bundling in Florida and Unlock New Savings
Latest PGR
- Progressive Corporation filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits
- Progressive Reports April 2026 Results
- SEC Form 11-K filed by Progressive Corporation
- Progressive Corporation filed SEC Form 8-K: Leadership Update, Submission of Matters to a Vote of Security Holders, Regulation FD Disclosure, Financial Statements and Exhibits
- Director Kelly Jeffrey D was granted 1,098 units of Common, increasing direct ownership by 4% to 29,546 units (SEC Form 4)
- Director Van Dyke Kahina was granted 1,856 units of Common, increasing direct ownership by 15% to 14,285 units (SEC Form 4)
- Director Snyder Barbara R was granted 1,779 units of Common, increasing direct ownership by 17% to 12,475 units (SEC Form 4)
- Director Johnson Devin C was granted 1,908 units of Common, increasing direct ownership by 22% to 10,529 units (SEC Form 4)
- Director Fitt Lawton W was granted 3,093 units of Common, increasing direct ownership by 33% to 12,482 units (SEC Form 4)
- Director Farah Roger N was granted 2,011 units of Common (SEC Form 4)