Summary Of Investments Other Than Investments In Related Parties

12 Months Ended

Dec. 31, 2016

Summary of Investments, Other than Investments in Related Parties [Abstract]

Summary Of Investments Other Than Investments In Related Parties

MERCURY GENERAL CORPORATION AND SUBSIDIARIES SUMMARY OF INVESTMENTS OTHER THAN INVESTMENTS IN RELATED PARTIES DECEMBER 31, 2016
Type of Investment	Cost		Fair Value		Amounts in the Balance Sheet
	(Amounts in thousands)
Fixed maturity securities:
U.S. government bonds and agencies	$	12,288	$	12,275	$	12,275
Municipal securities	2,432,181		2,449,292		2,449,292
Mortgage-backed securities	39,082		39,777		39,778
Corporate securities	189,780		189,688		189,688
Collateralized loan obligations	85,429		86,525		86,525
Other asset-backed securities	36,650		36,996		36,996
Total fixed maturity securities	2,795,410		2,814,553		2,814,554
Equity securities:
Common stock	286,503		316,450		316,449
Non-redeemable preferred stock	32,436		31,809		31,809
Private equity funds	12,831		9,068		9,068
Total equity securities	331,770		357,327		357,326
Short-term investments	375,700		375,680		375,680
Total investments	$	3,502,880	$	3,547,560	$	3,547,560

SCHEDULE I, Continued

MERCURY GENERAL CORPORATION AND SUBSIDIARIES SUMMARY OF INVESTMENTS OTHER THAN INVESTMENTS IN RELATED PARTIES DECEMBER 31, 2015
Type of Investment	Cost		Fair Value		Amounts in the Balance Sheet
	(Amounts in thousands)
Fixed maturity securities:
U.S. government bonds and agencies	$	22,542	$	22,507	$	22,507
Municipal securities	2,417,046		2,505,039		2,505,039
Mortgage-backed securities	49,639		49,839		49,839
Corporate securities	255,606		243,372		243,372
Collateralized loan obligations	50,710		50,548		50,548
Other asset-backed securities	8,732		8,698		8,698
Total fixed maturity securities	2,804,275		2,880,003		2,880,003
Equity securities:
Common stock	275,479		280,263		280,263
Non-redeemable preferred stock	25,161		24,668		24,668
Private equity funds	12,888		10,431		10,431
Total equity securities	313,528		315,362		315,362
Short-term investments	185,353		185,277		185,277
Total investments	$	3,303,156	$	3,380,642	$	3,380,642