Erie Indemnity Reports Second Quarter 2016 Results
PR Newswire - Thu Jul 28, 3:05PM CDT
Erie Indemnity Company (NASDAQ: ERIE) today announced financial results for the quarter ending June 30, 2016. Net income was $61.3 million, or $1.17 per diluted share, in the second quarter of 2016, compared to $56.2 million, or $1.07 per diluted share, in the second quarter of 2015. Net income was $107.2 million, or $2.04 per diluted share, in the first six months of 2016, compared to $95.0 million, or $1.81 per diluted share, in the first six months of 2015. Revenue growth in both the second quarter and first six months of 2016 outpaced the growth in expenses.
ERIE: 98.60 (+0.91)
NeCastro takes on CEO role at Erie Insurance
PR Newswire - Thu Jul 28, 3:02PM CDT
Erie Insurance President & Chief Executive Officer Terrence W. Cavanaugh announced today that he will step down as CEO effective Monday, Aug. 1. Timothy G. NeCastro, who was previously selected as President & CEO-designate, will succeed him as Chief Executive Officer. Cavanaugh, who previously announced his intention to retire this year, will continue as President until Dec. 31, 2016.
ERIE: 98.60 (+0.91)
Erie Indemnity Company names Chief Financial Officer
PR Newswire - Wed Jul 27, 9:30AM CDT
Erie Indemnity Company (NASDAQ: ERIE) has appointed Gregory Gutting executive vice president and chief financial officer. Gutting has served as interim CFO since October 2015. In addition, Julie Pelkowski, who has been serving as interim controller since Gutting's appointment in October, was officially named senior vice president and controller. Both begin their permanent roles on Aug. 1, 2016.
ERIE: 98.60 (+0.91)
Insurance Brokers Q2 Earnings Preview: EHTH, ERIE, AJG, MMC
Zacks Equity Research - Zacks Investment Research - Wed Jul 27, 8:36AM CDT
Let's see what's in store for four insurance brokers (EHTH), (ERIE), (AJG), (MMC) that are reporting on Jul 28.
AJG: 49.55 (+0.36), ERIE: 98.60 (+0.91), EHTH: 9.34 (-0.21), MMC: 65.94 (+0.19)
Erie Insurance again ranked highest in Mid-Atlantic on J.D. Power's 2016 U.S. Auto Insurance Study
PR Newswire - Mon Jun 20, 12:00PM CDT
For the second year in a row, Erie Insurance has received the highest customer satisfaction ranking for the Mid-Atlantic region on J.D. Power's 2016 U.S. Auto Insurance StudySM. The Mid-Atlantic region includes Delaware, the District of Columbia, Maryland, New Jersey, Pennsylvania, Virginia, and West Virginia. Erie Insurance ranked highest in the Mid-Atlantic in 2012 as well.
ERIE: 98.60 (+0.91)
Erie Insurance Names Timothy G. NeCastro President and CEO-Designate
PR Newswire - Wed Jun 01, 8:01AM CDT
The Board of Directors of Erie Indemnity Company (NASDAQ: ERIE), the managing company for Erie Insurance, has named Timothy G. NeCastro its president and CEO-designate effective today. He will succeed current President & CEO Terrence W. Cavanaugh, who joined Erie Insurance in 2008 and previously announced his retirement for later this year.
ERIE: 98.60 (+0.91)
Erie Insurance Earns Top Ranking in J.D. Power Insurance Shopping Study
PR Newswire - Thu May 05, 12:00PM CDT
For the fourth year in a row, Erie Insurance received the highest ranking in Customer Satisfaction with the Auto Insurance Purchase Experience in the J.D. Power Insurance Shopping Study. Erie Insurance tied in 2016, receiving a score of 853 out of 1,000.
ERIE: 98.60 (+0.91)
Erie Indemnity posts 1Q profit
Automated Insights - Thu Apr 28, 5:48PM CDT
ERIE, Pa. (AP) _ Erie Indemnity Co. (ERIE) on Thursday reported first-quarter net income of $45.9 million.
ERIE: 98.60 (+0.91)
Erie Indemnity Reports First Quarter 2016 Results
PR Newswire - Thu Apr 28, 3:28PM CDT
Erie Indemnity Company (NASDAQ: ERIE) today announced financial results for the quarter ending March 31, 2016. Net income was $45.9 million, or $0.87 per diluted share, in the first quarter of 2016, compared to $38.8 million, or $0.74 per diluted share, in the first quarter of 2015. The growth in the first quarter of 2016 was driven by increased net revenue from operations.
ERIE: 98.60 (+0.91)
Fix It or Risk It? Erie Insurance survey finds 60 percent of homeowners financially unprepared for both routine and unexpected home maintenance costs
PR Newswire - Tue Apr 26, 7:05AM CDT
Experts including those at HouseLogic say homeowners ideally should set aside one to three percent of the purchase price of their homes each year for ongoing maintenance--or whatever they can afford to set aside per month. That amounts to $2,000-$6,000 a year for a $200,000 home. However, a new survey from Erie Insurance conducted online by Harris Poll, shows 60 percent of Americans who own a house don't have a home maintenance fund, leaving a majority at risk for major financial problems in the event of needed repairs.
ERIE: 98.60 (+0.91)
Erie Indemnity to host first quarter 2016 conference call and webcast
PR Newswire - Wed Apr 13, 1:00PM CDT
Erie Indemnity Company (NASDAQ: ERIE) will host an audio webcast with the financial community to discuss financial results for the first quarter 2016 on Friday, April 29, at 10 a.m. Eastern Time. Erie Indemnity will issue a press release reporting its results after the close of the market on Thursday, April 28.
ERIE: 98.60 (+0.91)
Erie Insurance analysis reveals drivers are "double distracted" -- snapping scenic pics and posting to social media -- all #whiledriving
PR Newswire - Tue Mar 22, 7:03AM CDT
People aren't just multi-tasking at work and home; a new analysis shows they're also doing double duty while driving. Erie Insurance analyzed social media data to coincide with Distracted Driving Awareness Month and gain insight into what drivers are doing behind the wheel.
ERIE: 98.60 (+0.91)
Erie Indemnity to host fourth quarter 2015 conference call and webcast
PR Newswire - Wed Feb 10, 1:00PM CST
Erie Indemnity Company (NASDAQ: ERIE) will host an audio webcast with the financial community to discuss financial results for the fourth quarter 2015 on Friday, February 26, at 10 a.m. Eastern Time. Erie Indemnity will issue a press release reporting its results after the close of the market on Thursday, February 25.
ERIE: 98.60 (+0.91)
Zacks Industry Outlook Highlights: Aspen Insurance Holdings, Hallmark Financial Services, American International Group, Genworth Financial and Erie Indemnity
Zacks Equity Research - Zacks Investment Research - Tue Jan 05, 8:30AM CST
Zacks Industry Outlook Highlights: Aspen Insurance Holdings, Hallmark Financial Services, American International Group, Genworth Financial and Erie Indemnity
AHL: 45.52 (-0.44), HALL: 10.48 (-0.13), ERIE: 98.60 (+0.91), AIG: 54.21 (-0.23), GNW: 2.80 (-0.06)
U.S. Insurance Stock Outlook - January 2016
Kalyan Nandy - Zacks Investment Research - Mon Jan 04, 11:55AM CST
U.S. Insurance Stock Outlook - January 2016
AHL: 45.52 (-0.44), HALL: 10.48 (-0.13), WTM: 821.00 (-0.32), AIG: 54.21 (-0.23), ERIE: 98.60 (+0.91), GNW: 2.80 (-0.06)