Mercury General Corporation entered into a Second Amended and Restated Credit Agreement on June 24, 2026. The agreement provides a $250 million unsecured revolving credit facility maturing on June 24, 2031. Proceeds are intended for general corporate purposes and to refinance the existing 2021 credit agreement. Interest rates are based on a fluctuating rate (Base Rate or Term SOFR) plus an applicable margin ranging from 1.00% to 1.50% for Term SOFR loans. The facility includes financial covenants regarding minimum consolidated shareholders' equity, a maximum debt-to-capital ratio of 35%, and a minimum risk-based capital ratio of 150% for material insurance subsidiaries.