Major Rating Factors:
Weak profitability index (2.1 on a scale of 0 to 10) with operating losses during 2022, 2023, 2024 and the first three months of 2025. Average return on equity over the last five years has been poor at -10.2%. Good long-term capitalization index (5.9) based on good current risk adjusted capital (severe loss scenarios), although results have slipped from the excellent range during the last year. Good liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Good overall results on stability tests (5.7) despite. Stability strengths include good operational trends, good risk adjusted capital for prior years and excellent risk diversification. History of adequate reserve strength (6.9) as reserves have been consistently at an acceptable level.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (46.9%), work comp (28.7%), homeowners (21.5%), comm multi (2.2%), other (0.8%)
Licensed in:
DC, DE, GA, IL, IN, KY, MD, MN, MO, NC, NY, PA, SC, TN, VA, VT, WI, WV
Principal Investments:
Investment grade bonds (96.7%), other (3.3%)
Corporate Info
Group Affiliation
Erie Indemnity Co
Investment Rating
Company Address
100 Erie Insurance Place
Erie, PA 16530
Erie, PA 16530
Phone Number
(814) 870-2000
NAIC Number
16233
Website
Largest Affiliates