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  "documentTitle": "Mercury General Corporation (MCY)",
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  "presentationDate": "2025-01-29 00:00:00",
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      "text": "As seen below, CAIC appears to have had 385 HO-3 policies in force (PIF) in Pacific Palisades (90272) as of June 2024.",
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      "text": "When we scroll down to page 1214 (Exhibit 20-4), we are able to see a table which shows how many homeowner (HO-3) insurance policies CAIC, MCY’s subsidiary, has written in that zip code.19 This is valuable data given the market appears to benchmark MCY’s exposure to the fires off of its homeowners insurance market share in California as opposed to how many homes it underwrites in zip codes impacted by the fires. On page 1215, we can review CAIC’s homeowner (HO-3) exposure to the Pacific Palisades which was impacted by the Palisades fires. As seen below, CAIC appears to have had 385 HO-3 policies in force (PIF) in Pacific Palisades (90272) as of June 2024.",
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      "text": "Source: CAIC Rate Filing, p. 2",
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