Erie Indemnity

Erie Indemnity Co. engages in the insurance business and operates as an attorney-in-fact. It manages affairs at the Erie Insurance Exchange for the benefit of the policyholders. It covers policies in auto and leisure, home and property, life, and business insurance. The company was founded by Henry Orth Hirt and Ollie Grover Crawford on April 4, 1925, and is headquartered in Erie, PA.

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Erie Indemnity reports resilient Q4 performance amidst economic challenges

Erie Indemnity navigated economic challenges in Q4 2022 with resilience, reporting strong premium growth and increased net income despite headwinds.
The company's strategic focus on modernization, executive changes, and investment in digital capabilities signal a commitment to long-term growth and customer-centric innovation.
While facing challenges from inflation and supply chain disruptions, Erie Indemnity remains agile in adapting to new work models and seizing opportunities for operational enhancement.

Erie Indemnity reports solid Q1 earnings amidst challenges and changes

Erie Indemnity's Q1 2023 performance showed growth in net income and operating income, despite challenges from external factors.
The company's commitment to customer satisfaction and employee well-being remains a key strength.
While facing challenges from various external factors, Erie is actively investing in digital transformation for future growth.
The retirement of the CFO and introduction of a new CFO signal a strategic shift in financial leadership at Erie.

Erie Indemnity reports strong Q2 earnings amidst industry challenges

Erie Indemnity's Q2 2023 performance showed resilience in the face of industry challenges, with a focus on addressing the elevated combined ratio. The company's growth in policies in force and strong financial position indicate a strategic approach to navigating market conditions.

Erie Indemnity reports resilient Q3 performance amidst operational challenges

Erie Indemnity navigated challenges in Q3 2023 while maintaining a strong financial position.
The company saw growth in net income and operating income, despite facing weather-related impacts.
Erie's focus on modernization and workplace recognition positions it well for future opportunities.

Erie Indemnity reports record earnings, invests in tech for growth

Erie Indemnity's strong financial performance, strategic responses to challenges, and investments in technology position the company for long-term success.
While facing industry pressures, Erie's focus on profitability, customer service enhancements, and modernization initiatives showcase resilience and adaptability.
Opportunities in digital innovation, market expansion, and operational efficiency present avenues for Erie to sustain growth and competitiveness.
Balancing challenges with strengths and seizing opportunities will be crucial for Erie Indemnity to navigate the evolving insurance landscape effectively.

Erie Indemnity reports robust Q1 results, poised for growth

Erie Indemnity's Q1 2024 results reflect a resilient performance with improved financial metrics, driven by premium growth, increased net income, and higher operating income.
Despite challenges from weather-related claims and industry dynamics, the company's strong market position, effective management, and growth initiatives position it for future success.
With a focus on capitalizing on opportunities for expansion, innovation, and customer-centric strategies, Erie Indemnity is poised to navigate challenges and drive sustainable growth in the insurance sector.

Erie Indemnity excels in Q2 2024, eyes growth amid challenges

Erie Indemnity's Q2 2024 results reflect robust financial performance, strong customer relationships, and strategic growth initiatives.
While facing challenges in managing underwriting risks, Erie's focus on technology and customer service positions it well for future opportunities.
Investments in community initiatives and sustained revenue growth offer promising avenues for long-term success and market differentiation.

Erie Indemnity posts strong Q3 earnings amidst Hurricane challenges

Erie Indemnity reported a robust financial performance in Q3 2024 despite challenges from Hurricane Helene, showcasing resilience and growth potential.
The company's strategic focus on community support, product innovation, and financial strength positions it well for future opportunities and market expansion.
Investors can take note of Erie's strong net income growth, S&P 500 inclusion, and commitment to customer needs as indicators of long-term sustainability and value.

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ERIE, Pa. , Oct. 4, 2022 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) will host a pre-recorded audio webcast with the financial community providing financial results for the third quarter on Friday, October 28 th, at 10 a.m. Eastern Time.

Erie Indemnity to host third quarter 2022 pre-recorded conference call and webcast

Erie Indemnity Company (NASDAQ:ERIE ) Q2 2022 Earnings Conference Call July 29, 2022 10:00 AM ET Company Participants Scott Beilharz - Vice President, Investor Relations Tim NeCastro - President and Chief Executive Officer Greg Gutting - Executive Vice President and Chief Financial Officer Operator Good morning and welcome to the Erie Indemnity Company Second Quarter 2022 Earnings Conference Call. This call was prerecorded and there will be no question-and-answer session following the recording.

Erie Indemnity Company (ERIE) CEO Tim NeCastro on Q2 2022 Results - Earnings Call Transcript

Erie Indemnity (ERIE) delivered earnings and revenue surprises of -5.56% and 2.64%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Erie Indemnity (ERIE) Lags Q2 Earnings Estimates

Net Income per Diluted Share was $1.53 for the Quarter and $2.84 for the Six Months of 2022 ERIE, Pa. , July 28, 2022 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) today announced financial results for the quarter and six months ending June 30, 2022.

Erie Indemnity Reports Second Quarter 2022 Results

ERIE, Pa. , July 20, 2022 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) will host a pre-recorded audio webcast with the financial community providing financial results for the second quarter on Friday, July 29 th, at 10 a.m. Eastern Time.

Erie Indemnity to host second quarter 2022 pre-recorded conference call and webcast

Erie Indemnity Company sustains its robust performance amidst a challenging market landscape. Profitability remains high in its subsidiaries despite the upsurge in claims in the last year.

Erie Indemnity Flourishing From Here To Eternity, But The Stock Price Is Not Yet Worthy

Erie Indemnity (ERIE) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Strength Seen in Erie Indemnity (ERIE): Can Its 4.2% Jump Turn into More Strength?

Shine will focus on sales and product technology, leading ERIE's technology transformation across personal lines, commercial lines and ERIE Family Life ERIE, Pa. , May 20, 2022 /PRNewswire/ -- Erie Insurance (NASDAQ: ERIE) today announced the promotion of Tim Shine to senior vice president in IT, focused on sales and product technology.

Erie Insurance names Tim Shine to new SVP, information technology role

Leaders named for key Personal Products and Experience roles; promotions announced within Law and Internal Audit ERIE, Pa. , May 5, 2022 /PRNewswire/ -- Erie Insurance (NASDAQ: ERIE) today announced a series of new senior leadership appointments and promotions within the company's Personal Products, Experience, Law and Internal Audit areas.

Erie Insurance announces senior leadership appointments and promotions

Erie Indemnity Company (NASDAQ:ERIE ) Q1 2022 Earnings Conference Call April 29, 2022 10:00 AM ET Company Participants Scott Beilharz - VP, IR Timothy NeCastro - President and CEO Greg Gutting - EVP and CFO Conference Call Participants Operator Good morning and welcome to Erie Indemnity Company First Quarter 2022 Earnings Conference Call. This call was prerecorded and there will be no question-and-answer session following the recording.

Erie Indemnity Company (ERIE) CEO Timothy NeCastro on Q1 2022 Earnings Call Transcript

Net Income was $68.6 million, Earnings per Diluted Share was $1.31 ERIE, Pa. , April 28, 2022 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) today announced financial results for the quarter ending March 31, 2022.

Erie Indemnity Reports First Quarter 2022 Results

ERIE, Pa. , April 5, 2022 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) will host a pre-recorded audio webcast with the financial community providing financial results for the first quarter on Friday, April 29 th, at 10 a.m. Eastern Time.

Erie Indemnity to host first quarter 2022 pre-recorded conference call and webcast

Srinivasa will join the company from Verisk Analytics where he serves as SVP, chief data and insurance information officer ERIE, Pa. , March 16, 2022 /PRNewswire/ -- Erie Insurance (NASDAQ: ERIE) today announced that Parthasarathy "Partha" Srinivasa has been named the company's next executive vice president and chief information officer (CIO), effective April 4.

Erie Insurance Names Partha Srinivasa Executive Vice President and CIO

Erie Indemnity Company (ERIE) CEO Timothy G. NeCastro on Q4 2021 - Earnings Call Transcript

ERIE, Pa., Feb. 24, 2022 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) today announced financial results for the full year and quarter ending December 31, 2021.  Net income was $297.9 million, or $5.69 per diluted share, in 2021, compared to $293.3 million, or $5.61 per diluted share, in 2020.

Erie Indemnity Reports Full Year and Fourth Quarter 2021 Results

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ERIE, Pa., Jan. 20, 2022 /PRNewswire/ --  Erie Indemnity Company (NASDAQ: ERIE) will host a pre-recorded audio webcast with the financial community providing financial results for the fourth quarter and year-end on Friday, February 25 th, at 10 a.m. Eastern Time.

Erie Indemnity to host fourth quarter and year-end 2021 pre-recorded conference call and webcast

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Erie Indemnity's (ERIE) recent dividend hike and special dividend reflect its intention to enhance shareholders' value supported by its strong financial position.

Erie Indemnity (ERIE) Hikes Dividend to Share More Profits

ERIE, Pa., Dec. 9, 2021 /PRNewswire/ -- At its regular meeting held Dec. 7, 2021, the Board of Directors of Erie Indemnity Company (NASDAQ: ERIE) appointed a new executive vice president, set the management fee rate charged to Erie Insurance Exchange, approved an increase in shareholder dividends and declared the regular quarterly dividend. Erie Indemnity Company has paid regular shareholder dividends since 1933.

Erie Indemnity Appoints New Executive Officer, Approves Management Fee Rate and Dividend Increase, Declares Regular Dividends

Erie Indemnity Company (ERIE) CEO Tim NeCastro on Q3 2021 Results - Earnings Call Transcript

Erie Indemnity (ERIE) delivered earnings and revenue surprises of -0.58% and 0.57%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Erie Indemnity (ERIE) Q3 Earnings Miss Estimates

ERIE, Pa., Oct. 28, 2021 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) today announced financial results for the quarter and nine months ending September 30, 2021.  Net income was $90.2 million, or $1.72 per diluted share, in the third quarter of 2021, compared to $89.2 million, or $1.71 per diluted share, in the third quarter of 2020.

News for Erie Indemnity Stock (ERIE)