{"id":20084,"date":"2025-10-30T20:34:14","date_gmt":"2025-10-30T20:34:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-pa\/20084\/"},"modified":"2025-10-30T20:34:14","modified_gmt":"2025-10-30T20:34:14","slug":"erie-indemnity-reports-third-quarter-2025-results","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-pa\/20084\/","title":{"rendered":"Erie Indemnity Reports Third Quarter 2025 Results"},"content":{"rendered":"

Net Income per Diluted Share was $3.50 for the Quarter and $9.48 for the Nine Months of 2025 <\/p>\n

ERIE, Pa., Oct. 30, 2025 \/PRNewswire\/ — Erie Indemnity Company (NASDAQ: ERIE<\/a>) today announced financial results for the quarter and nine months ending September\u00a030, 2025.\u00a0 Net income was $182.9 million, or $3.50 per diluted share, in the third quarter of 2025, compared to $159.8 million, or $3.06 per diluted share, in the third quarter of 2024.\u00a0 Net income was $496.0 million, or $9.48 per diluted share, in the first nine months of 2025, compared to $448.3 million, or $8.57 per diluted share, in the first nine months of 2024.<\/p>\n

3Q and Nine Months 2025 <\/p>\n

(in thousands) <\/p>\n

3Q’25 <\/p>\n

3Q’24 <\/p>\n

2025 <\/p>\n

2024 <\/p>\n

Operating income <\/p>\n

$\u00a0\u00a0\u00a0\u00a0\u00a0 208,921 <\/p>\n

$\u00a0\u00a0\u00a0\u00a0\u00a0 180,125 <\/p>\n

$\u00a0\u00a0\u00a0\u00a0\u00a0 559,470 <\/p>\n

$\u00a0\u00a0\u00a0\u00a0\u00a0 509,145 <\/p>\n

Investment income <\/p>\n

21,554 <\/p>\n

19,549 <\/p>\n

60,690 <\/p>\n

48,455 <\/p>\n

Other income <\/p>\n

2,286 <\/p>\n

1,168 <\/p>\n

8,094 <\/p>\n

7,871 <\/p>\n

Income before income taxes <\/p>\n

232,761 <\/p>\n

200,842 <\/p>\n

628,254 <\/p>\n

565,471 <\/p>\n

Income tax expense <\/p>\n

49,908 <\/p>\n

41,012 <\/p>\n

132,299 <\/p>\n

117,186 <\/p>\n

Net income <\/p>\n

$\u00a0\u00a0\u00a0\u00a0\u00a0 182,853 <\/p>\n

$\u00a0\u00a0\u00a0\u00a0\u00a0 159,830 <\/p>\n

$\u00a0\u00a0\u00a0\u00a0\u00a0 495,955 <\/p>\n

$\u00a0\u00a0\u00a0\u00a0\u00a0 448,285 <\/p>\n


<\/p>\n



\n

\n

\n

\n
<\/p>\n

3Q 2025 Highlights <\/p>\n

Operating income before taxes increased $28.8 million, or 16.0 percent, in the third quarter of 2025 compared to the third quarter of 2024.<\/p>\n

Management fee revenue – policy issuance and renewal services increased $56.1 million, or 7.3 percent, in the third quarter of 2025 compared to the third quarter of 2024.
\n Management fee revenue – administrative services increased $1.7 million, or 9.8 percent, in the third quarter of 2025 compared to the third quarter of 2024.
\n Cost of operations – policy issuance and renewal services <\/p>\n

Commissions increased $41.0 million in the third quarter of 2025, compared to the third quarter of 2024, primarily driven by the growth in direct and affiliated assumed written premium and, to a lesser extent, an increase in agent incentive compensation.
\n Non-commission expense decreased $11.9 million in the third quarter of 2025 compared to the third quarter of 2024. Underwriting and policy processing expense increased $1.6 million primarily due to increased postage costs, partially offset by a decrease in underwriting report costs. Sales and advertising expense decreased $4.4 million primarily due to decreased agent-related costs and costs from community development initiatives. Administrative and other costs decreased $11.5 million primarily due to decreases in personnel costs and professional fees. Personnel costs were impacted by decreased incentive compensation compared to 2024. Decreased incentive plan costs were primarily driven by lower performance metrics compared to the third quarter of 2024 and a decrease in company stock price during the third quarter of 2025 compared to an increase during the third quarter of 2024. <\/p>\n

Income from investments before taxes totaled $21.6 million in the third quarter of 2025 compared to $19.5 million in the third quarter of 2024.\u00a0 Net investment income was $21.0 million in the third quarter of 2025 compared to $17.3 million in the third quarter of 2024.\u00a0 Net realized and unrealized gains were $1.3 million in the third quarter of 2025 compared to $2.9 million in the third quarter of 2024.\u00a0 <\/p>\n

\u2003\u2003\u2003\u2003\u2003\u2003\u2003\u2003\u2003\u2003\u2003\u2003\u2003Nine Months 2025 Highlights\u2003\u2003\u2003\u2003\u2003\u2003\u2003\u2003\u2003\u2003\u2003\u2003\u2003\u2003 <\/p>\n

Operating income before taxes increased $50.3 million, or 9.9 percent, in the first nine months of 2025 compared to the first nine months of 2024.<\/p>\n

Management fee revenue – policy issuance and renewal services increased $208.4 million, or 9.5 percent, in the first nine months of 2025 compared to the first nine months of 2024.
\n Management fee revenue – administrative services increased $3.6 million, or 7.1 percent, in the first nine months of 2025 compared to the first nine months of 2024.
\n Cost of operations – policy issuance and renewal services <\/p>\n

Commissions increased $145.6 million in the first nine months of 2025 compared to the first nine months of 2024, primarily driven by the growth in direct and affiliated assumed written premium and, to a lesser extent, an increase in agent incentive compensation.
\n Non-commission expense increased $15.0 million in the first nine months of 2025 compared to the first nine months of 2024. Underwriting and policy processing expense increased $5.9 million primarily due to increased postage and personnel costs. Information technology costs increased $19.8 million primarily due to an increase in personnel costs and hardware and software costs. Customer service costs increased $3.5 million primarily due to increased personnel costs and credit card processing fees. Administrative and other costs decreased $12.9 million primarily due to decreased personnel costs. Personnel costs were impacted by decreased incentive compensation and increased healthcare costs compared to 2024. Decreased incentive plan costs were primarily driven by lower performance metrics compared to the first nine months of 2024 and a decrease in company stock price during the first nine months of 2025 compared to an increase during the first nine months of 2024. <\/p>\n

Income from investments before taxes totaled $60.7 million in the first nine months of 2025 compared to $48.5 million in the first nine months of 2024.\u00a0 Net investment income was $61.0 million in the first nine months of 2025 compared to $49.2 million in the first nine months of 2024. \u00a0Net investment income included $1.3 million of limited partnership earnings in the first nine months of 2025 compared to $0.1 million in the first nine months of 2024.\u00a0 Net realized and unrealized gains were $2.3 million in the first nine months of 2025 compared to $3.0 million in the first nine months of 2024.\u00a0 Net impairment losses recognized in earnings were $2.6 million in the first nine months of 2025 compared to $3.8 million in the first nine months of 2024.<\/p>\n

Webcast Information <\/p>\n

Indemnity has scheduled a pre-recorded audio broadcast on the Web for\u00a010:00 AM ET\u00a0on October\u00a031, 2025.\u00a0 Investors may access the pre-recorded audio broadcast by logging on to www.erieinsurance.com<\/a>.\u00a0<\/p>\n

Erie Insurance Group <\/p>\n

Erie Insurance Group, based in\u00a0Erie, Pennsylvania, is the 11th\u00a0largest homeowners insurer, 12th largest automobile insurer and 10th largest commercial lines insurer in\u00a0the United States\u00a0based on direct premiums written, according to AM Best Company.\u00a0 Founded in 1925, Erie Insurance is a Fortune 500 company and the 16th largest property\/casualty insurer in the United States based on net premiums written.\u00a0 Rated A (Excellent) by\u00a0AM Best, ERIE has more than 7 million policies in force and operates in 12 states and the\u00a0District of Columbia.\u00a0<\/p>\n

News releases and more information are available on ERIE’s website at\u00a0www.erieinsurance.com<\/a>.\u00a0<\/p>\n

“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: <\/p>\n

Statements contained herein that are not historical fact are forward-looking statements and, as such, are subject to risks and uncertainties that could cause actual events and results to differ, perhaps materially, from those discussed herein.\u00a0 Forward-looking statements relate to future trends, events or results and include, without limitation, statements and assumptions on which such statements are based that are related to our plans, strategies, objectives, expectations, intentions, and adequacy of resources.\u00a0 Examples of forward-looking statements are discussions relating to premium and investment income, expenses, operating results, and compliance with contractual and regulatory requirements.\u00a0 Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict.\u00a0 Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements.\u00a0 Among the risks and uncertainties, in addition to those set forth in our filings with the Securities and Exchange Commission, that could cause actual results and future events to differ from those set forth or contemplated in the forward-looking statements include the following:<\/p>\n

dependence upon our relationship with the Erie Insurance Exchange (“Exchange”) and the management fee under the agreement with the subscribers at the Exchange;
\n dependence upon our relationship with the Exchange and the growth of the Exchange, including:<\/p>\n

general business and economic conditions;
\n factors impacting the timing of premium rates charged for policies;
\n factors affecting insurance industry competition, including technological innovations;
\n dependence upon the independent agency system; and
\n ability to maintain our brand, including our reputation for customer service;<\/p>\n

dependence upon our relationship with the Exchange and the financial condition of the Exchange, including:<\/p>\n

the Exchange’s ability to maintain acceptable financial strength ratings;
\n factors affecting the quality and liquidity of the Exchange’s investment portfolio;
\n changes in government regulation of the insurance industry;
\n litigation and regulatory actions;
\n emergence of significant unexpected events, including pandemics, economic or social inflation, and changes in tariff policies;
\n emerging claims and coverage issues in the industry; and
\n severe weather conditions or other catastrophic losses, including terrorism;<\/p>\n

costs of providing policy issuance and renewal services to the subscribers at the Exchange under the subscriber’s agreement;
\n ability to attract and retain talented management and employees;
\n ability to ensure system availability and effectively manage technology initiatives;
\n difficulties with technology, data or network security breaches, including cyber attacks;
\n ability to maintain uninterrupted business operations;
\n compliance with complex and evolving laws and regulations and outcome of pending and potential litigation;
\n factors affecting the quality and liquidity of our investment portfolio; and
\n ability to meet liquidity needs and access capital. <\/p>\n

A forward-looking statement speaks only as of the date on which it is made and reflects our analysis only as of that date.\u00a0 We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, changes in assumptions or otherwise.<\/p>\n

Erie Indemnity Company <\/p>\n

Consolidated Statements of Operations <\/p>\n

(dollars in thousands, except per share data) <\/p>\n



\n
<\/p>\n

Three months ended September 30, <\/p>\n


<\/p>\n

Nine months ended September 30, <\/p>\n



\n
<\/p>\n

2025 <\/p>\n


<\/p>\n

2024 <\/p>\n


<\/p>\n

2025 <\/p>\n


<\/p>\n

2024 <\/p>\n



\n
<\/p>\n

(Unaudited) <\/p>\n


<\/p>\n

(Unaudited) <\/p>\n

Operating revenue <\/p>\n



\n

\n

\n

\n

\n

\n

\n
<\/p>\n

Management fee revenue – policy issuance and renewal services <\/p>\n


<\/p>\n

$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 825,275 <\/p>\n


<\/p>\n

$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 769,162 <\/p>\n


<\/p>\n

$\u00a0\u00a0\u00a0 2,404,177 <\/p>\n


<\/p>\n

$\u00a0\u00a0\u00a0 2,195,734 <\/p>\n

Management fee revenue – administrative services <\/p>\n


<\/p>\n

18,831 <\/p>\n


<\/p>\n

17,154 <\/p>\n


<\/p>\n

54,772 <\/p>\n


<\/p>\n

51,139 <\/p>\n

Administrative services reimbursement revenue <\/p>\n


<\/p>\n

215,694 <\/p>\n


<\/p>\n

206,754 <\/p>\n


<\/p>\n

638,611 <\/p>\n


<\/p>\n

604,349 <\/p>\n

Service agreement revenue <\/p>\n


<\/p>\n

6,939 <\/p>\n


<\/p>\n

6,816 <\/p>\n


<\/p>\n

18,675 <\/p>\n


<\/p>\n

19,803 <\/p>\n

Total operating revenue <\/p>\n


<\/p>\n

1,066,739 <\/p>\n


<\/p>\n

999,886 <\/p>\n


<\/p>\n

3,116,235 <\/p>\n


<\/p>\n

2,871,025 <\/p>\n



\n

\n

\n

\n

\n

\n

\n

\n
<\/p>\n

Operating expenses <\/p>\n



\n

\n

\n

\n

\n

\n

\n
<\/p>\n

Cost of operations – policy issuance and renewal services <\/p>\n


<\/p>\n

642,124 <\/p>\n


<\/p>\n

613,007 <\/p>\n


<\/p>\n

1,918,154 <\/p>\n


<\/p>\n

1,757,531 <\/p>\n

Cost of operations – administrative services <\/p>\n


<\/p>\n

215,694 <\/p>\n


<\/p>\n

206,754 <\/p>\n


<\/p>\n

638,611 <\/p>\n


<\/p>\n

604,349 <\/p>\n

Total operating expenses <\/p>\n


<\/p>\n

857,818 <\/p>\n


<\/p>\n

819,761 <\/p>\n


<\/p>\n

2,556,765 <\/p>\n


<\/p>\n

2,361,880 <\/p>\n

Operating income <\/p>\n


<\/p>\n

208,921 <\/p>\n


<\/p>\n

180,125 <\/p>\n


<\/p>\n

559,470 <\/p>\n


<\/p>\n

509,145 <\/p>\n



\n

\n

\n

\n

\n

\n

\n

\n
<\/p>\n

Investment income <\/p>\n



\n

\n

\n

\n

\n

\n

\n
<\/p>\n

Net investment income <\/p>\n


<\/p>\n

21,033 <\/p>\n


<\/p>\n

17,322 <\/p>\n


<\/p>\n

61,011 <\/p>\n


<\/p>\n

49,235 <\/p>\n

Net realized and unrealized investment gains <\/p>\n


<\/p>\n

1,331 <\/p>\n


<\/p>\n

2,925 <\/p>\n


<\/p>\n

2,312 <\/p>\n


<\/p>\n

2,983 <\/p>\n

Net impairment losses recognized in earnings <\/p>\n


<\/p>\n

(810) <\/p>\n


<\/p>\n

(698) <\/p>\n


<\/p>\n

(2,633) <\/p>\n


<\/p>\n

(3,763) <\/p>\n

Total investment income <\/p>\n


<\/p>\n

21,554 <\/p>\n


<\/p>\n

19,549 <\/p>\n


<\/p>\n

60,690 <\/p>\n


<\/p>\n

48,455 <\/p>\n



\n

\n

\n

\n

\n

\n

\n

\n
<\/p>\n

Other income <\/p>\n


<\/p>\n

2,286 <\/p>\n


<\/p>\n

1,168 <\/p>\n


<\/p>\n

8,094 <\/p>\n


<\/p>\n

7,871 <\/p>\n

Income before income taxes <\/p>\n


<\/p>\n

232,761 <\/p>\n


<\/p>\n

200,842 <\/p>\n


<\/p>\n

628,254 <\/p>\n


<\/p>\n

565,471 <\/p>\n

Income tax expense <\/p>\n


<\/p>\n

49,908 <\/p>\n


<\/p>\n

41,012 <\/p>\n


<\/p>\n

132,299 <\/p>\n


<\/p>\n

117,186 <\/p>\n

Net income <\/p>\n


<\/p>\n

$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 182,853 <\/p>\n


<\/p>\n

$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 159,830 <\/p>\n


<\/p>\n

$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 495,955 <\/p>\n


<\/p>\n

$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 448,285 <\/p>\n



\n

\n

\n

\n

\n

\n

\n

\n
<\/p>\n

Net income per share <\/p>\n



\n

\n

\n

\n

\n

\n

\n
<\/p>\n

Class\u00a0A common stock \u2013 basic <\/p>\n


<\/p>\n

$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 3.93 <\/p>\n


<\/p>\n

$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 3.43 <\/p>\n


<\/p>\n

$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 10.65 <\/p>\n


<\/p>\n

$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 9.63 <\/p>\n

Class\u00a0A common stock \u2013 diluted <\/p>\n


<\/p>\n

$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 3.50 <\/p>\n


<\/p>\n

$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 3.06 <\/p>\n


<\/p>\n

$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 9.48 <\/p>\n


<\/p>\n

$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 8.57 <\/p>\n

Class\u00a0B common stock \u2013 basic and diluted <\/p>\n


<\/p>\n

$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 589 <\/p>\n


<\/p>\n

$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 515 <\/p>\n


<\/p>\n

$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,597 <\/p>\n


<\/p>\n

$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,444 <\/p>\n



\n

\n

\n

\n

\n

\n

\n

\n
<\/p>\n

Weighted average shares outstanding \u2013 Basic <\/p>\n



\n

\n

\n

\n

\n

\n

\n
<\/p>\n

Class\u00a0A common stock <\/p>\n


<\/p>\n

46,189,068 <\/p>\n


<\/p>\n

46,189,059 <\/p>\n


<\/p>\n

46,189,012 <\/p>\n


<\/p>\n

46,189,038 <\/p>\n

Class\u00a0B common stock <\/p>\n


<\/p>\n

2,542 <\/p>\n


<\/p>\n

2,542 <\/p>\n


<\/p>\n

2,542 <\/p>\n


<\/p>\n

2,542 <\/p>\n



\n

\n

\n

\n

\n

\n

\n

\n
<\/p>\n

Weighted average shares outstanding \u2013 Diluted <\/p>\n



\n

\n

\n

\n

\n

\n

\n
<\/p>\n

Class\u00a0A common stock <\/p>\n


<\/p>\n

52,305,599 <\/p>\n


<\/p>\n

52,306,514 <\/p>\n


<\/p>\n

52,304,797 <\/p>\n


<\/p>\n

52,301,001 <\/p>\n

Class\u00a0B common stock <\/p>\n


<\/p>\n

2,542 <\/p>\n


<\/p>\n

2,542 <\/p>\n


<\/p>\n

2,542 <\/p>\n


<\/p>\n

2,542 <\/p>\n



\n

\n

\n

\n

\n

\n

\n

\n
<\/p>\n

Dividends declared per share <\/p>\n



\n

\n

\n

\n

\n

\n

\n
<\/p>\n

Class\u00a0A common stock <\/p>\n


<\/p>\n

$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1.365 <\/p>\n


<\/p>\n

$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1.275 <\/p>\n


<\/p>\n

$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 4.095 <\/p>\n


<\/p>\n

$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 3.825 <\/p>\n

Class\u00a0B common stock <\/p>\n


<\/p>\n

$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 204.75 <\/p>\n


<\/p>\n

$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 191.25 <\/p>\n


<\/p>\n

$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 614.25 <\/p>\n


<\/p>\n

$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 573.75 <\/p>\n

Erie Indemnity Company <\/p>\n

Consolidated Statements of Financial Position <\/p>\n

(in thousands) <\/p>\n

\u00a0 <\/p>\n



\n
<\/p>\n

September 30,
2025 <\/p>\n


<\/p>\n

December 31,
2024 <\/p>\n



\n
<\/p>\n

(Unaudited) <\/p>\n



\n
<\/p>\n

Assets <\/p>\n



\n

\n

\n
<\/p>\n

Current assets: <\/p>\n



\n

\n

\n
<\/p>\n

Cash and cash equivalents (includes restricted cash of $28,000 and $23,559, respectively) <\/p>\n


<\/p>\n

$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 568,551 <\/p>\n


<\/p>\n

$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 298,397 <\/p>\n

Available-for-sale securities <\/p>\n


<\/p>\n

59,833 <\/p>\n


<\/p>\n

44,604 <\/p>\n

Available-for-sale securities lent <\/p>\n


<\/p>\n

4,318 <\/p>\n


<\/p>\n

0 <\/p>\n

Receivables from Erie Insurance Exchange and affiliates, net <\/p>\n


<\/p>\n

780,473 <\/p>\n


<\/p>\n

707,060 <\/p>\n

Prepaid expenses and other current assets, net <\/p>\n


<\/p>\n

73,779 <\/p>\n


<\/p>\n

83,902 <\/p>\n

Accrued investment income <\/p>\n


<\/p>\n

10,937 <\/p>\n


<\/p>\n

11,069 <\/p>\n

Total current assets <\/p>\n


<\/p>\n

1,497,891 <\/p>\n


<\/p>\n

1,145,032 <\/p>\n



\n

\n

\n

\n
<\/p>\n

Available-for-sale securities, net <\/p>\n


<\/p>\n

970,160 <\/p>\n


<\/p>\n

991,726 <\/p>\n

Equity securities <\/p>\n


<\/p>\n

54,378 <\/p>\n


<\/p>\n

85,891 <\/p>\n

Available-for-sale and equity securities lent <\/p>\n


<\/p>\n

51,836 <\/p>\n


<\/p>\n

7,285 <\/p>\n

Fixed assets, net <\/p>\n


<\/p>\n

557,607 <\/p>\n


<\/p>\n

513,494 <\/p>\n

Agent loans, net <\/p>\n


<\/p>\n

94,740 <\/p>\n


<\/p>\n

80,597 <\/p>\n

Defined benefit pension plan <\/p>\n


<\/p>\n

51,819 <\/p>\n


<\/p>\n

21,311 <\/p>\n

Other assets, net <\/p>\n


<\/p>\n

45,897 <\/p>\n


<\/p>\n

43,278 <\/p>\n

Total assets <\/p>\n


<\/p>\n

$\u00a0\u00a0\u00a0\u00a0 3,324,328 <\/p>\n


<\/p>\n

$\u00a0\u00a0\u00a0\u00a0 2,888,614 <\/p>\n



\n

\n

\n

\n
<\/p>\n

Liabilities and shareholders’ equity <\/p>\n



\n

\n

\n
<\/p>\n

Current liabilities: <\/p>\n



\n

\n

\n
<\/p>\n

Commissions payable <\/p>\n


<\/p>\n

$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 425,310 <\/p>\n


<\/p>\n

$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 408,309 <\/p>\n

Agent incentive compensation <\/p>\n


<\/p>\n

99,717 <\/p>\n


<\/p>\n

75,458 <\/p>\n

Accounts payable and accrued liabilities <\/p>\n


<\/p>\n

199,995 <\/p>\n


<\/p>\n

190,028 <\/p>\n

Dividends payable <\/p>\n


<\/p>\n

63,569 <\/p>\n


<\/p>\n

63,569 <\/p>\n

Contract liability <\/p>\n


<\/p>\n

47,949 <\/p>\n


<\/p>\n

42,761 <\/p>\n

Deferred executive compensation <\/p>\n


<\/p>\n

6,700 <\/p>\n


<\/p>\n

14,874 <\/p>\n

Securities lending payable <\/p>\n


<\/p>\n

54,325 <\/p>\n


<\/p>\n

7,513 <\/p>\n

Total current liabilities <\/p>\n


<\/p>\n

897,565 <\/p>\n


<\/p>\n

802,512 <\/p>\n



\n

\n

\n

\n
<\/p>\n

Defined benefit pension plan <\/p>\n


<\/p>\n

31,065 <\/p>\n


<\/p>\n

28,070 <\/p>\n

Contract liability <\/p>\n


<\/p>\n

23,361 <\/p>\n


<\/p>\n

21,170 <\/p>\n

Deferred executive compensation <\/p>\n


<\/p>\n

20,798 <\/p>\n


<\/p>\n

19,721 <\/p>\n

Deferred income taxes, net <\/p>\n


<\/p>\n

19,776 <\/p>\n


<\/p>\n

6,418 <\/p>\n

Other long-term liabilities <\/p>\n


<\/p>\n

22,885 <\/p>\n


<\/p>\n

23,465 <\/p>\n

Total liabilities <\/p>\n


<\/p>\n

1,015,450 <\/p>\n


<\/p>\n

901,356 <\/p>\n



\n

\n

\n

\n
<\/p>\n

Shareholders’ equity <\/p>\n


<\/p>\n

2,308,878 <\/p>\n


<\/p>\n

1,987,258 <\/p>\n

Total liabilities and shareholders’ equity <\/p>\n


<\/p>\n

$\u00a0\u00a0\u00a0\u00a0 3,324,328 <\/p>\n


<\/p>\n

$\u00a0\u00a0\u00a0\u00a0 2,888,614 <\/p>\n

SOURCE Erie Indemnity Company<\/p>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"Net Income per Diluted Share was $3.50 for the Quarter and $9.48 for the Nine Months of 2025…\n","protected":false},"author":2,"featured_media":20085,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[136,138,6350,137],"class_list":["post-20084","post","type-post","status-publish","format-standard","has-post-thumbnail","category-erie","tag-erie","tag-erie-headlines","tag-erie-indemnity-company","tag-erie-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts\/20084","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/comments?post=20084"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts\/20084\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/media\/20085"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/media?parent=20084"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/categories?post=20084"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/tags?post=20084"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}