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Summary Of Investments Other Than Investments In Related Parties
12 Months Ended
Dec. 31, 2015
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, 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


SCHEDULE I, Continued

MERCURY GENERAL CORPORATION AND SUBSIDIARIES
SUMMARY OF INVESTMENTS
OTHER THAN INVESTMENTS IN RELATED PARTIES
DECEMBER 31, 2014
Type of Investment
Cost
 
Fair Value
 
Amounts in the
Balance Sheet
 
(Amounts in thousands)
Fixed maturity securities:
 
 
 
 
 
U.S. government bonds and agencies
$
16,028

 
$
16,108

 
$
16,108

Municipal securities
2,160,710

 
2,275,455

 
2,275,455

Mortgage-backed securities
45,519

 
47,691

 
47,691

Corporate securities
258,940

 
256,930

 
256,930

Collateralized loan obligations
22,297

 
22,216

 
22,216

Total fixed maturity securities
2,503,494

 
2,618,400

 
2,618,400

Equity securities:
 
 
 
 
 
Common stock
349,839

 
372,598

 
372,598

Non-redeemable preferred stock
28,012

 
28,563

 
28,563

Private equity funds
10,000

 
11,719

 
11,719

Total equity securities
387,851

 
412,880

 
412,880

Short-term investments
373,180

 
372,542

 
372,542

Total investments
$
3,264,525

 
$
3,403,822

 
$
3,403,822