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Mercury General MCY Insurance and reinsurance balances receivable, valuation allowance
Insurance and reinsurance balances receivable, valuation allowance at other companies
Other financials
Where this comes from
Reported directly by Mercury General in its filing.
Tagged under the XBRL concept us-gaap:PremiumsReceivableAllowanceForDoubtfulAccounts.
The source filing: Mercury General’s 10-Q, filed May 5, 2026.
- Filed
- May 5, 2026, 4:12 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0000064996-26-000014
| Line item | March 31, 2026 | December 31, 2025 |
|---|---|---|
| Cash | 1,350,883 | 1,315,574 |
| Receivables: | ||
| Premiums | 825,000 | 751,554 |
| Allowance for credit losses on premiums receivable | (6,100) | (6,000) |
| Premiums receivable, net of allowance for credit losses | 818,900 | 745,554 |
| Accrued investment income | 73,380 | 73,004 |
| Other | 86,557 | 86,508 |
| Total receivables | 978,837 | 905,066 |
Item 1. Financial Statements
FAQ
- What is Mercury General's insurance and reinsurance balances receivable, valuation allowance?
- Mercury General (MCY) reported insurance and reinsurance balances receivable, valuation allowance of $6.1M in Q1 2026.
- How has Mercury General's insurance and reinsurance balances receivable, valuation allowance changed year-over-year?
- Mercury General's insurance and reinsurance balances receivable, valuation allowance decreased by 7.6% year-over-year, from $6.6M to $6.1M.
- What is the long-term trend for Mercury General's insurance and reinsurance balances receivable, valuation allowance?
- Over 5 years (2020 to 2025), Mercury General's insurance and reinsurance balances receivable, valuation allowance has grown at a -9.7% compound annual growth rate (CAGR), from $10M to $6M.
- What does insurance and reinsurance balances receivable, valuation allowance mean?
- This is a contra-asset account representing the estimated portion of premiums receivable that the company does not expect to collect from policyholders. It reflects management's assessment of credit risk and the historical reliability of premium payments. An increasing allowance relative to gross receivables may signal deteriorating credit quality in the policyholder base or broader economic stress.
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