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Erie Indemnity Co. (ERIE)

Erie Indemnity does not write insurance. It manages the affairs of an insurer it does not own. Since 1925 it has acted as attorney-in-fact for the policyholders of the Erie Insurance Exchange, a Pennsylvania reciprocal insurer that writes property and casualty cover, and it is paid a management fee for doing so. The Exchange is its only customer.

Erie Indemnity Co.

Erie Indemnity does not write insurance. It manages the affairs of an insurer it does not own. Since 1925 it has acted as attorney-in-fact for the policyholders of the Erie Insurance Exchange, a Pennsylvania reciprocal insurer that writes property and casualty cover, and it is paid a management fee for doing so. The Exchange is its only customer.

What a reciprocal insurer is, and why this structure exists

A reciprocal insurer has no employees and no officers of its own. The policyholders, called subscribers, each sign a subscriber's agreement, which is a limited power of attorney appointing Erie Indemnity to transact business on their behalf. Every contract the Exchange enters is entered through that appointment. So the Exchange carries the underwriting risk and holds the policyholder surplus, while the listed company beside it supplies the people and the systems.

According to the filing, the Exchange owns property and casualty subsidiaries including Erie Insurance Company, Erie Insurance Company of New York, Erie Insurance Property & Casualty Company and Flagship City Insurance Company, and a life insurer, Erie Family Life Insurance Company.

What Erie Indemnity is paid for

Two distinct jobs, paid in two different ways.

The first is policy issuance and renewal: the sales, underwriting and issuance of policies. This is what the management fee covers. The fee is a percentage of the direct and affiliated assumed premiums written by the Exchange, capped by the subscriber's agreement at 25 percent, with the rate set at least annually by Erie Indemnity's own board. The board weighs current results against the prior year and against industry estimates, for both Erie Indemnity and the Exchange, alongside relative financial strength and capital position, the revenue, expense and earnings estimated for the following year, future capital needs and competitive position. The rate allocated to policy issuance and renewal was 24.37 percent in 2025 and 24.40 percent in 2024.

The second is administrative services: claims handling, life insurance management and investment management, performed both as attorney-in-fact for the subscribers and under service agreements with the Exchange's insurance subsidiaries. These are reimbursed at cost, so they carry no margin. State regulators must approve intercompany service agreements and material amendments in advance.

Of Erie Indemnity's own 2025 policy issuance and renewal expenses, agent compensation was about 71 percent, information technology about 10 percent and underwriting and policy processing about 8 percent, with customer service and administrative support making up the rest.

What the Exchange actually sells

Personal lines were 71 percent of the Exchange's 2025 direct and affiliated assumed written premiums and commercial lines 29 percent. The main personal products are private passenger motor and homeowners; the main commercial products are commercial multi-peril, commercial motor and workers compensation. Premiums tend to run higher in the second and third quarters than the first and fourth, because of renewal and sales patterns. Independent agencies are the sole distribution channel, and the filing describes those agents as acting not only as salespeople but as underwriting and service providers.

The company reports one segment, management operations, and says it has no direct competition in providing these services to the Exchange, because it is appointed by the subscribers rather than selected in a market.

Where the risk sits

Erie Indemnity's results follow the Exchange's premiums. The filing sets out the chain plainly: if the Exchange's ability to grow or sustain its financial condition were impaired, by lower financial strength ratings, disruption to the independent agency relationships, large catastrophe losses or products that stop meeting demand, it would find it harder to keep existing business and win new business, premiums would fall, and the management fee would fall with them. There is also a concentration of credit risk in the unsecured receivables owed by the Exchange for the fee and for reimbursements.

On 5 September 2025 AM Best downgraded the Exchange and each of its property and casualty insurance subsidiaries from A+ to A, and according to the filing revised the direction of its rating from negative to stable. According to the filing, A is the third highest financial strength rating AM Best assigns.

From Erie Indemnity's annual report on Form 10-K for the year ended 31 December 2025. The filing

Compare with another name What $10,000 in Erie Indemnity became

Latest results

Latest quarterQ3 FY2026ended 30 September 2026 · 10-Q filed 29 October 2026
Revenue
$1.1 billion
+0.3% on the year · -1.8% on the quarter
Q4 FY2024Q3 FY2026
Net income
$182 million
-0.5% on the year · +0.9% on the quarter
Q4 FY2024Q3 FY2026
Diluted EPS
$3.48
-0.6% on the year · +0.9% on the quarter
Q4 FY2024Q3 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

Last full yearFY2025ended 31 December 2025 · 10-K filed 23 February 2026
Revenue
$4.1 billion
+7.2% on the year
FY2018FY2025
Net income
$559 million
-6.8% on the year
FY2018FY2025
Diluted EPS
$10.69
-6.9% on the year
FY2018FY2025

this yearthe year beforeHover a bar for its figure.

The years before, in wordsErie Indemnity (ERIE) reported revenue of $4.1 billion for fiscal 2025, the year ended 31 December 2025, up 7.2% on the year before. Net income was $559 million and diluted earnings per share $10.69. Revenue was $3.8 billion in fiscal 2024, $3.3 billion in fiscal 2023, $2.8 billion in fiscal 2022 and $2.6 billion in fiscal 2021. Net income in the same years was $600 million, $446 million, $299 million and $298 million. Over the twelve months to 30 September 2026, Erie Indemnity reported revenue of $4.1 billion and net income of $576 million. Revenue grew 9.9% a year, compounded, over the five years to fiscal 2025. Erie Indemnity declared $5.85 a share in dividends over the last four quarters and had 46 million shares outstanding at the latest filed count. At the close of 6 November 2026 the market cap of Erie Indemnity was $12.6 billion, 24.8 times its earnings over the last twelve months.

Ratios

From the filings

ROE22.6%
ROCEn/a
Operating margin17.9%
Net margin14.0%
FCF margin13.4%
Interest covern/a
Debt to equityn/a
Cash conversion1.20x
Share count, last 12 months0.0%
Sales CAGR, 3 years12.7%
Profit CAGR, 3 years23.3%
EPS, TTM$11.02

At the close of 6 November 2026

Price$273.04
Market cap$12.6 billion
Stock P/E24.8x
Price to book4.9x
EV / EBITDAn/a
Dividend yield2.1%
Market cap / sales3.1x
52-week high$299.78
52-week low$207.24
Price, 1 year-3.0%
Price CAGR, 3 years-1.1%
Price CAGR, 5 years4.0%

29 ready-made ratios, from FCF yield to net debt to EBITDA, wait on the Formulas page, each with what it tells you. Browse and add them →

Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest price, the last regular-hours trade on IEX. Erie Indemnity Co. has filed no borrowings figure since its balance sheet of 31 December 2022, more than a year before its latest quarter, so its borrowings and the ratios on them are shown as not available. Nothing here is a valuation or a view.
ERIEgreeksoup.ai
Daily prices to 6 November 2026, adjusted for splits; from 28 September 2026 each day's price is the last regular-hours trade on IEX.
Read moreData provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. Day by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

Quarterly results

Q4 FY2021 *Q1 FY2022Q2 FY2022Q3 FY2022Q4 FY2022 *Q1 FY2023Q2 FY2023Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026Q3 FY2026
Revenue6366727267417017528408598188819901,0009249891,0601,0679511,0121,0901,070
Operating income61.884.310410681.4111134148127139190180167151199209158167204207
Operating margin10%13%14%14%12%15%16%17%16%16%19%18%18%15%19%20%17%16%19%19%
Interest expense1.11.00.90.10.00.00.00.00.0n/an/an/an/an/an/an/an/an/an/an/a
Pre-tax income69.886.810110682.010914916414015720720119217522123382.3190228233
Tax rate21%21%21%21%20%21%21%20%21%21%21%20%21%21%21%21%23%21%21%22%
Net income55.068.680.184.365.586.211813111112516416015213817518363.4150180182
Net margin9%10%11%11%9%11%14%15%14%14%17%16%16%14%16%17%7%15%17%17%
Diluted EPS$1.05$1.31$1.53$1.61$1.25$1.65$2.25$2.51$2.12$2.38$3.13$3.06$2.91$2.65$3.34$3.50$1.21$2.88$3.45$3.48
Operating cash flow13923.682.713212848.013252.814887.213119919311817821917291.9215213
Capital expenditure11115.512.622.916.319.125.927.120.522.428.027.746.629.720.335.030.837.441.528.0
Free cash flow28.18.170.210911228.910625.712864.710317114788.415718414154.5173185
Dividends paid48.251.751.751.751.755.455.455.455.459.459.459.459.463.663.663.663.668.168.168.1
Shares outstandingn/an/an/an/an/an/an/an/an/an/an/an/a46m46m46m46m46m46m46m46m
Filing10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss)

FY2008FY2009FY2010FY2011FY2012 †FY2013 †FY2014 †FY2015 †FY2016 †FY2017 †FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Revenue2,6514,2554,8904,8245,5121,2971,4071,5061,5971,6922,3822,4772,5362,6342,8403,2693,7954,0674,123
Operating income-839524999358899209223233294290344357338318376520676717736
Operating margin-31.6%12.3%20.4%7.4%16.3%16.1%15.8%15.4%18.4%17.2%14.5%14.4%13.3%12.1%13.2%15.9%17.8%17.6%17.9%
Interest expensen/an/an/an/an/an/an/an/a0.11.22.50.90.74.12.00.00.0n/an/a
Pre-tax incomen/a524999358899247251266320316371397369376376562757711734
Income tax-22378.033990.028084.083.891.611011983.179.975.278.577.9116157151157
Effective tax raten/a14.9%33.9%25.1%31.1%34.1%33.3%34.4%34.3%37.6%22.4%20.1%20.4%20.9%20.7%20.6%20.7%21.3%21.5%
Net income69.0108162169160163168175210197288317293298299446600559576
Net margin2.6%2.5%3.3%3.5%2.9%12.5%11.9%11.6%13.2%11.6%12.1%12.8%11.6%11.3%10.5%13.6%15.8%13.8%14.0%
Diluted EPSn/an/an/an/an/an/an/an/an/a$3.76$5.51$6.06$5.61$5.69$5.71$8.53$11.48$10.69$11.02
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Revenue by product or service FY2016 to FY2025

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025Share
of the parts, latest year
Management fee revenue - policy issuance and renewal services1,5671,6631,7201,8101,8421,9132,0882,4422,8943,13277.0%
Administrative services reimbursement revenuen/a0.058058260963866873780683720.6%
Management fee revenue - administrative servicesn/a0.053.657.259.558.358.363.768.474.11.8%
Service agreement revenue29.229.128.727.625.824.025.726.126.424.80.6%
Management fee revenue - policy issuance and renewal servicesAdministrative services reimbursement revenue FY2018 to FY2025Management fee revenue - administrative services FY2018 to FY2025Service agreement revenue
1,692FY20172,477FY20192,634FY20213,269FY20234,067FY2025

$ million; hover a block for its figure and share; a part named with years is one the company split its revenue into only then

From the company's 10-Ks, in its own words (latest 10-K).
Read moreEach year's figures come from the most recent 10-K that includes that year. A year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Cash flow

Follow the cashA discounted cash flow: five years of free cash flow, added up in today's moneyNot for Erie Indemnity: an insurer's operating cash flow includes premiums it holds to pay claims later, so it is not cash the owners can take out. Book value and return on equity, in the ratios above, are the usual measures for it.

FY2008FY2009FY2010FY2011FY2012 †FY2013 †FY2014 †FY2015 †FY2016 †FY2017 †FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Operating cash flow720889721360577n/an/a217254197264365343403366381611687692
Capital expenditure9.014.033.011.033.010.819.512.625.228.956.310255.514967.292.6125116138
Free cash flow711875688349544n/an/a205229168207262287254299289486571554
Free cash flow margin26.8%20.6%14.1%7.2%9.9%n/an/a13.6%14.4%9.9%8.7%10.6%11.3%9.6%10.5%8.8%12.8%14.0%13.4%
Cash from investing-425-890-405n/an/an/an/a0.6-137-74.7-81.4-125-243-185-107-158-227-439-630
Cash from financing-141-42.0-120n/an/an/an/a-127-111-95.8-131-170-275-195-301-222-230-200-268
Depreciation and amortisationn/an/an/an/an/a15.015.715.915.114.813.416.821.237.245.947.456.569.5n/a
Buybacks1023.057.015570.031.719.70.00.0n/an/an/an/an/an/an/an/an/an/a
Dividends paid92.093.098.010222983.6119127136146156168273193207222238254268
Diluted shares, weightedn/an/an/an/an/an/an/an/an/a52m52m52m52m52m52m52m52m52m52m
Shares outstanding at period endn/an/an/an/an/an/an/an/an/an/an/an/an/an/an/an/an/an/a46m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet

FY2008FY2009FY2010FY2011FY2012 †FY2013 †FY2014 †FY2015 †FY2016 †FY2017 †FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Funded by
Shareholders' equity4,7595,7259127816427347037708178579741,1331,1881,3421,4481,6631,9872,2832,553
Non-controlling interestn/an/a5,4225,5126,1496,8167,280n/an/an/an/an/an/an/an/an/an/an/an/a
Short-term borrowingsn/an/an/an/an/an/an/an/an/an/an/an/an/a0.0n/an/an/an/an/a
Debtn/an/an/an/an/an/an/an/a24.874.799.797.895.993.80.0n/an/an/an/a
Operating lease liabilitiesn/an/an/an/an/an/an/an/an/an/a0.0n/an/an/an/an/an/an/an/a
Other liabilitiesn/a7,5628,0108,0558,6509,126n/a6387077347057858338067918099011,0721,110
Total liabilities and equityn/a13,28714,34414,34815,44116,6761,3191,4071,5491,6661,7782,0162,1172,2422,2392,4722,8893,3553,662
Owned
Intangible assetsn/an/an/an/an/a40.642.646.8n/an/an/an/an/an/an/an/an/an/an/a
Investmentsn/an/an/an/an/an/a5906007137597497319289468959611,0361,3201,369
Securities held for sale or to maturityn/an/a7,5437,8408,1598,688n/an/an/an/an/an/an/an/an/an/an/an/an/a
Cash and equivalents27723443018511.649.091.7183189216266337161184142144298346363
Receivablesn/an/an/an/an/an/an/an/an/an/an/a469495479525625707736781
Other assetsn/a13,0536,3716,3237,2707,8985955786476917634805336336787418479541,149
Total assetsn/a13,28714,34414,34815,44116,6761,3191,4071,5491,6661,7782,0162,1172,2422,2392,4722,8893,3553,662
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded10.4%9.9%12.7%2.0%
Profit growth, compounded12.3%13.8%23.3%-11.1%
Return on equity, average25.5%24.9%27.2%24.5%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Questions

What was Erie Indemnity's revenue in fiscal 2025?

Erie Indemnity (ERIE) reported revenue of $4.1 billion for fiscal 2025, the year ended 31 December 2025, up 7.2% on the year before.

How much did Erie Indemnity earn in fiscal 2025?

Net income was $559 million for fiscal 2025, and diluted earnings per share $10.69.

What is Erie Indemnity's P/E ratio?

At the close of 6 November 2026, Erie Indemnity traded at 24.8 times its earnings over the twelve months to 30 September 2026.

What is Erie Indemnity's market cap?

The market cap of Erie Indemnity was $12.6 billion at the close of 6 November 2026.

Does Erie Indemnity pay a dividend?

Yes. Erie Indemnity declared $5.85 a share in dividends over the four quarters to 30 September 2026.

Peers: Insurance

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TTM
Debt to equityDiv. yield
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Equitable Holdings, Inc. EQH$14.1 billion10.11n/a16.3%8.6%n/a2.2%
Erie Indemnity Co. ERIE$12.6 billion24.7822.6%17.9%2.0%n/a2.1%
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Hagerty, Inc. HGTY$6.2 billionn/a23.4%4.5%-0.9%0.96n/a
Accelerant Holdings ARX$4.3 billionn/a-180.6%-110.8%n/a0.17n/a
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TTM
Debt to equityDiv. yield
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UnitedHealth Group Inc. UNH$353.2 billion22.5115.3%5.3%3.3%0.712.3%
Chubb Ltd. CB$139.6 billion12.7715.3%22.3%5.7%0.251.1%
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Cigna Group CI$77.4 billion12.9613.8%3.4%6.8%0.722.1%
Manulife Financial Corporation MFC *$72.5 billion19.6611.1%n/an/a0.153.3%
Arthur J. Gallagher & Co. AJG$72.2 billion43.067.1%13.1%25.6%0.541.0%
Aon plc AON$71.0 billion18.3438.9%26.3%3.8%2.610.9%
Allstate Corp. ALL$63.4 billion5.7735.9%21.1%5.1%0.231.7%
Metlife Inc. MET$62.0 billion12.8023.1%8.2%14.8%0.642.4%
Aflac Inc. AFL$61.5 billion18.2412.0%25.9%-6.2%0.281.9%
Humana Inc. HUM$52.1 billion42.176.6%1.5%22.0%0.660.8%
Prudential Financial Inc. PRU$40.9 billion10.8613.1%7.8%6.5%0.674.7%
American International Group, Inc. AIG$40.3 billion12.668.5%14.5%1.2%0.222.4%
Sun Life Financial Inc. SLF *$39.6 billion16.2414.5%n/a8.0%0.333.7%
Hartford Insurance Group, Inc. HIG$35.8 billion8.1124.4%18.2%6.2%0.231.8%
Arch Capital Group Ltd. ACGL$34.9 billion8.7819.0%25.9%-3.9%0.194.7%
Centene Corp. CNC$34.5 billion23.886.6%0.5%9.7%0.70n/a
Everest Group, Ltd. EG$30.6 billion8.6913.3%13.9%-8.7%n/a1.9%
Willis Towers Watson plc WTW$30.3 billion20.0720.1%22.0%4.8%0.841.2%
Cincinnati Financial Corp. CINF$28.5 billion10.8816.5%24.8%9.9%0.052.0%
W. R. Berkley Corp. WRB$27.9 billion15.9119.4%n/a1.5%n/a2.5%
Markel Group Inc. MKL$23.7 billion13.779.7%15.7%2.5%0.24n/a
Principal Financial Group Inc. PFG$23.6 billion12.3516.7%14.7%5.2%0.372.9%
Brown & Brown, Inc. BRO$23.6 billion22.829.7%n/a26.1%0.620.9%
Loews Corp. L$22.2 billion15.208.1%10.8%2.8%0.460.2%
Reinsurance Group of America Inc. RGA$17.0 billion10.1214.7%8.0%22.5%0.461.4%
Assurant, Inc. AIZ$15.1 billion14.4517.9%9.8%9.4%n/a1.1%
Corebridge Financial, Inc. CRBG$15.0 billion7.3132.7%16.6%13.3%0.832.9%
Globe Life Inc. GL$14.5 billion10.5317.9%23.3%5.6%0.450.8%
Renaissancere Holdings Ltd. RNR$14.2 billion9.7813.8%30.1%-20.9%0.210.5%
Equitable Holdings, Inc. EQH$14.1 billion10.11n/a16.3%8.6%n/a2.2%
CNA Financial Corp. CNA$12.8 billion12.4710.1%8.5%2.1%0.248.2%
American Financial Group Inc. AFG$12.8 billion12.6121.6%15.2%3.3%0.394.5%
Erie Indemnity Co. ERIE$12.6 billion24.7822.6%17.9%2.0%n/a2.1%
Unum Group UNM$11.9 billion54.432.3%2.4%-4.2%0.352.5%
Fidelity National Financial, Inc. FNF$11.7 billion11.2114.2%17.0%6.4%0.594.7%
Molina Healthcare, Inc. MOH$10.8 billionn/a-1.2%0.4%-0.9%0.91n/a
Oscar Health, Inc. OSCR$9.5 billion12.6638.5%5.4%54.8%0.19n/a
Old Republic International Corp. ORI$9.5 billion8.9218.8%13.8%12.5%n/a9.2%
Voya Financial, Inc. VOYA$8.9 billion15.9216.4%8.9%-0.3%0.551.9%
Primerica, Inc. PRI$8.9 billion11.4828.2%29.4%8.3%0.211.6%
Jackson Financial Inc. JXN$8.7 billion10.7310.4%56.7%34.1%0.332.7%
Kinsale Capital Group, Inc. KNSL$8.6 billion16.7227.4%33.7%8.3%0.120.2%
Hanover Insurance Group, Inc. THG$8.3 billion11.6121.8%15.2%5.0%0.25n/a
Axis Capital Holdings Ltd. AXS$7.6 billion8.0616.1%17.5%9.8%0.211.7%
Lincoln National Corp. LNC$7.6 billion2.4835.2%20.0%10.3%0.684.5%
First American Financial Corp. FAF$6.8 billion9.4413.6%11.9%14.1%n/a3.3%
Enact Holdings, Inc. ACT$6.3 billion9.6713.1%68.5%2.5%0.141.9%
RLI Corp. RLI$6.3 billion15.9323.3%25.8%4.6%0.183.9%
Hagerty, Inc. HGTY$6.2 billionn/a23.4%4.5%-0.9%0.96n/a
Selective Insurance Group Inc. SIGI$5.9 billion11.9514.8%11.9%4.0%0.261.7%
Mgic Investment Corp. MTG$5.8 billion8.8914.3%73.2%-2.2%n/a2.2%
Essent Group Ltd. ESNT$5.6 billion8.6712.2%59.2%9.6%n/a2.1%
White Mountains Insurance Group Ltd. WTM$5.4 billion5.9518.1%30.7%44.9%0.170.0%
CNO Financial Group, Inc. CNO$5.1 billion12.6618.0%14.8%2.3%0.581.2%
Radian Group Inc. RDN$4.7 billion8.8112.0%38.3%65.3%0.132.8%
Mercury General Corp. MCY$4.6 billion7.1222.9%12.9%5.4%0.201.5%
Accelerant Holdings ARX$4.3 billionn/a-180.6%-110.8%n/a0.17n/a
Corvel Corp. CRVL$4.2 billion34.9428.2%n/a8.3%n/an/a
Palomar Holdings, Inc. PLMR$4.1 billion19.5122.0%22.8%58.5%0.30n/a
Neptune Insurance Holdings Inc. NP$3.9 billion90.02n/a41.3%n/an/an/a
Hamilton Insurance Group, Ltd. HG$3.6 billion7.0631.2%28.3%14.8%0.05n/a
Assured Guaranty Ltd. AGO$3.2 billion10.406.0%33.8%-4.2%0.322.0%
Genworth Financial Inc. GNW$3.2 billion67.000.6%3.3%-0.6%0.17n/a
Lemonade, Inc. LMND$3.1 billionn/a-30.6%-12.6%69.5%n/an/a
F&G Annuities & Life, Inc. FG$3.1 billion3.1023.8%n/a-0.4%0.514.3%
Slide Insurance Holdings, Inc. SLDE$3.0 billion5.8944.8%50.4%n/a0.02n/a
SiriusPoint Ltd. SPNT$3.0 billion6.4022.5%17.6%18.1%0.30n/a
Baldwin Insurance Group, Inc. BWIN$3.0 billionn/a-9.2%-6.9%18.9%2.67n/a
NMI Holdings, Inc. NMIH$2.9 billion7.6614.5%68.1%6.9%n/an/a
Skyward Specialty Insurance Group, Inc. SKWD$2.7 billion14.0715.0%13.5%35.3%0.33n/a
Porch Group, Inc. PRCH$2.6 billion246.38127.2%7.7%23.4%53.60n/a
Clover Health Investments, Corp. CLOV$2.6 billion483.003.2%0.5%54.5%0.00n/a
Brighthouse Financial, Inc. BHF$2.5 billion4.3713.6%14.0%-9.4%0.63n/a
HCI Group, Inc. HCI$2.3 billion7.5229.3%49.6%20.1%0.030.9%
Horace Mann Educators Corp. HMN$2.2 billion12.4112.5%12.5%4.2%0.422.7%
Goosehead Insurance, Inc. GSHD$2.0 billion40.58n/a23.3%17.7%n/an/a
Kemper Corp. KMPR$2.0 billionn/a-22.6%n/a-4.5%0.433.8%
Trupanion, Inc. TRUP$1.6 billion60.316.7%1.8%11.4%0.26n/a
Alignment Healthcare, Inc. ALHC$1.5 billion56.3810.4%0.9%35.9%1.17n/a
Safety Insurance Group Inc. SAFT$1.5 billion21.828.2%7.0%4.6%0.063.5%
Twfg, Inc. TWFG$1.5 billion47.5117.4%17.3%36.2%0.05n/a
Stewart Information Services Corp. STC$1.4 billion11.777.2%5.2%20.5%0.394.5%
Universal Insurance Holdings, Inc. UVE$1.3 billion5.8336.0%19.0%5.5%0.151.3%
United Fire Group Inc. UFCS$1.2 billion9.1014.6%11.5%11.6%0.161.6%
Ategrity Specialty Insurance Co. Holdings ASIC$1.2 billion12.1715.0%24.4%n/an/a0.0%
Bowhead Specialty Holdings Inc. BOW$1.1 billion19.1513.3%11.7%23.8%0.33n/a
Heritage Insurance Holdings, Inc. HRTG$983 million4.6736.1%34.1%2.3%0.12n/a
Hippo Holdings Inc. HIPO$929 million28.826.8%6.2%20.6%n/an/a
Employers Holdings, Inc. EIG$832 million25.993.5%4.1%-13.0%0.162.8%
Donegal Group Inc. DGICA$701 million10.0210.5%8.9%-3.4%n/a4.0%
Root, Inc. ROOT$659 million9.1324.8%6.7%7.9%0.60n/a
Ethos Technologies Inc. LIFE$558 millionn/a-23.0%-16.1%n/an/an/a
Crawford & Co. CRD-A$554 million21.9414.1%3.9%-3.6%0.81n/a
American Integrity Insurance Group, Inc. AII$528 million5.9923.8%36.2%29.3%0.00n/a
Greenlight Capital RE, Ltd. GLRE$522 million9.458.4%8.8%3.7%0.01n/a
Investors Title Co. ITIC$483 million11.9814.1%17.7%8.7%n/a4.1%
American Coastal Insurance Corp. ACIC$475 million5.7424.5%37.7%-5.3%0.427.5%
Amerisafe Inc. AMSF$363 million9.1017.0%15.0%7.7%n/a8.3%
NI Holdings, Inc. NODK$311 million21.266.1%7.7%-12.9%0.01n/a
Kingstone Companies, Inc. KINS$296 million7.1230.7%21.2%24.5%0.030.8%
Mbia Inc. MBI$235 millionn/an/a-155.2%18.0%n/an/a
Kingsway Corp. KWY$230 millionn/a-79.5%0.7%23.6%5.13n/a
Octave Specialty Group Inc. OSG$226 millionn/a-23.0%-24.3%26.8%0.22n/a
Citizens, Inc. CIA$208 million25.694.0%3.8%4.1%n/an/a
James River Group Holdings, Inc. JRVR$180 million10.145.8%3.8%-1.8%n/a1.0%
Roadzen Inc. RDZN$100 millionn/an/a-21.6%30.5%n/an/a
Ryan Specialty Holdings, Inc. RYANn/an/a23.4%15.6%9.8%8.231.1%
18 companies share its SEC industry code (Insurance Agents, Brokers & Service); the rest are the names nearest in size in its wider industry, Insurance, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

The public record on ERIE

Dividends$5.85 a share over the four quarters to 30 September 2026, a 2.14% yield
Filings13 in twelve months: 8 current reports (8-K), about 5 other events; 4 results of operations; 3 officer or director change; 1 shareholder vote
Planned insider salesno Form 144 notice in twelve months
Options tapeput/call 0.11 by open interest at the 6 November 2026 close; the straddle prices a 6.0% move to 20 November 2026
13F holders442 funds reported a position for the quarter to 30 June 2026; largest PNC Financial Services Group, Inc.
Insider trading1 sale and 3 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest2.5 million shares short, 13.79 days to cover at 15 October 2026
Documentsthe 10-K, the 10-Qs and 4 earnings press releases, each linked

Filings

FilingPeriodFiledWhere
10-Q30 September 202629 October 2026EDGAR
10-Q30 June 202630 July 2026EDGAR
10-Q31 March 202623 April 2026EDGAR
10-K31 December 202523 February 2026EDGAR
10-Q30 September 202530 October 2025EDGAR
10-Q30 June 20257 August 2025EDGAR
10-Q31 March 202524 April 2025EDGAR
10-K31 December 202427 February 2025EDGAR
10-Q30 September 202431 October 2024EDGAR
10-Q30 June 202425 July 2024EDGAR

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