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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): November 6, 2006
MERCURY GENERAL CORPORATION
(Exact Name of Registrant as Specified in Charter)
CALIFORNIA 001-12257 95-221-1612
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(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification No.)
4484 Wilshire Boulevard
Los Angeles, California 90010
(Address of Principal Executive Offices)
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(323) 937-1060
(Registrant's telephone number, including area code)
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Not applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 425 under the Exchange
Act (17 CFR 240.14.a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
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ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION
The following information is furnished pursuant to Item 2.02,
"Results of Operations and Financial Condition," and shall not be deemed "filed"
for purposes of Section 18 of the Securities Exchange Act of 1934, as amended,
or otherwise subject to the liabilities of that section.
On November 6, 2006, Mercury General Corporation (the "Company")
issued a press release announcing its financial results for the third quarter
and nine month period ended September 30, 2006. A copy of the press release is
attached hereto as Exhibit 99.1.
The information contained in this Current Report, including the
exhibit, shall not be incorporated by reference into any filing of Mercury
General Corporation, whether made before or after the date hereof, regardless of
any general incorporation language in such filing.
ITEM 5.02 DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF
DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICERS
On November 3, 2006, George Joseph, the Company's Chief Executive
Officer and Chairman of the Board, announced his intention to resign from his
position as Chief Executive Officer of the Company effective January 1, 2007.
Mr. Joseph will continue to serve as Chairman of the Board of Directors of the
Company.
Gabriel Tirador, currently President and Chief Operating Officer of
the Company, was appointed Chief Executive Officer of the Company effective upon
Mr. Joseph's resignation. Following his appointment, Mr. Tirador will serve as
President and Chief Executive Officer of the Company. Mr. Tirador has served as
President and Chief Operating Officer of the Company since October 2001. He was
the Company's Vice President and Chief Financial Officer from February 1998
until October 2001. Mr. Tirador has over 20 years experience in the property and
casualty insurance industry and is a certified public accountant.
There are no family relationships between Mr. Tirador and any
director or executive officer of the Company which would require disclosure
under Item 401(d) of Regulation S-K. Other than with respect to his employment
with the Company, there are no transactions between Mr. Tirador or any of his
immediate family members and the Company or any of its subsidiaries which would
require disclosure under Item 404(a) of Regulation S-K. Mr. Tirador's salary
will continue at the current level and he will continue to be eligible to
participate in the Company's equity compensation and other benefits plans on the
same terms as the Company's other executive officers. He will also continue to
participate in the Company's Senior Executive Bonus Plan. Mr. Tirador's
employment arrangement is at-will.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS
(d) Exhibits.
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99.1 Press Release, dated November 6, 2006, issued by
Mercury General Corporation, furnished pursuant to
Item 2.02 of Form 8-K.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
Date: November 6, 2006 MERCURY GENERAL CORPORATION
By: /s/ THEODORE STALICK
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Name: Theodore Stalick
Its: Chief Financial Officer
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EXHIBIT INDEX
Exhibit 99.1. Press Release, dated November 6, 2006, issued by Mercury General
Corporation.
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