E

Erie Indemnity Company
D

ERIE

424.87
USD
5.89
(1.41%)
Market Closed
Volume
5,670
EPS
0
Div Yield
0.93
P/E
42
Market Cap
22,216,605,377
OverviewSignalsIdeasNews
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News

Title: Erie Indemnity Company

Sector: Financial Services
Industry: Insurance Brokers
Erie Indemnity Co mainly performs services on behalf of the Erie Insurance Exchange relating to sales, underwriting, and issuance of policies. Erie Indemnity's results are tied to the performance of the Insurance Exchange, which principally provides automobile and homeowners insurance for individuals, along with multiperil, workers' compensation, and commercial automobile insurance for its commercial clients. Erie Indemnity's management fee is typically 25% of the Exchange's premiums, and this accounts for all of Erie Indemnity's revenue. The company operates exclusively in the United States.