Erie Indemnity (ERIE)
Manages policy issuance, renewals and administration for Erie Insurance Exchange.
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Provides policy sales, underwriting, issuance, renewal, claims, life-insurance and investment-management services for Erie Insurance Exchange and its subsidiaries. Earnings come largely from a board-set fee tied to Exchange premiums, making the reciprocal insurer its sole customer.
Serves as attorney-in-fact and management company for Erie Insurance Exchange, a reciprocal property-and-casualty insurer. Policy issuance and renewal services span agent compensation, sales support, underwriting, policy processing, customer service and technology, while administrative work covers claims, life-insurance operations and investment management for the Exchange and its insurance subsidiaries.
Pairs centralized support with local marketing and claims service through independent agencies across regional U.S. markets. The Exchange writes the policies; the listed company manages their sale, issuance, renewal and administration.
Earnings come largely from a management fee based on premiums written by the Exchange, with the board setting the rate annually within subscriber-agreement limits. The Exchange is its sole customer, independent agencies are its sole distribution channel, and state regulators oversee material intercompany service agreements.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $344.6M · Total debt $63.2M · Total assets $3.56B · Shareholders' equity $2.47B
- Revenue
- $1.09B
- Operating income
- $204.1M
- Net income
- $180.3M
HistoryDividendAnnual yieldUpcoming
| Institutions | 47.09% | 21.75M shares | |
|---|---|---|---|
| 450 holders · as of Jun 30, 2026 | |||
| Other | 52.91% | 24.44M shares | |
| remainder | |||
46.19M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This company has 2 share classes; every stake here is a share of the whole company.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
PNC Financial Services Group, Inc.Institution | 10.45% | 4.83M | as of Jun 30, 2026 |
BlackRock, Inc.Institution | 3.63% | 1.67M | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 3.54% | 1.64M | as of Jun 30, 2026 |
State Street CorpInstitution | 3.11% | 1.44M | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 2.41% | 1.11M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jun 2, 2026 | Elizabeth A. Vorsheck | director, 10 percent owner: | +7,000 | $204.79 |
| May 8, 2026 | Anthony DaBreo | officer: Senior Vice President, Life | −465 | $217.10 |
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Erie Indemnity | $232.85 | −1.32% | $10.90B | 21.5 | — | 2.6 | +2.8% |
| Progressive | $206.08 | −2.90% | $123.40B | 10.6 | 12.5 | 1.4 | +5.0% |
| Allstate | $227.59 | −6.29% | $62.52B | 4.8 | 8.1 | 0.9 | −7.2% |
| Travelers | $362.26 | −2.39% | $77.41B | 9.9 | 12.1 | 1.6 | −4.8% |
| Cincinnati Financial | $165.91 | −0.56% | $25.61B | 7.9 | 19.0 | 1.8 | −18.9% |
| The Hartford | $129.35 | −1.06% | $35.84B | 8.5 | 9.9 | 1.2 | +4.0% |
| Selective Insurance Group | $87.69 | −0.11% | $5.23B | 10.9 | 10.3 | 1.0 | −8.0% |
| Median | 9.2 | 11.2 | 1.3 | −6.0% |