Major Rating Factors:
Fair liquidity (4.5 on a scale of 0 to 10) as cash resources may not be adequate to cover a spike in claims. Weak profitability index (2.7) with operating losses during 2022, 2023, 2024 and 2025. Strong long-term capitalization index (7.2) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
History of adequate reserve strength (7.0) as reserves have been consistently at an acceptable level. Excellent overall results on stability tests (7.4). Strengths include potentially strong support from affiliation with Erie Indemnity Co, good operational trends and excellent risk diversification.
Stability Factors:
L - Past results on our liquidity tests.
Principal Lines of Business:
Homeowners (47.9%), comm multi (28.5%), personal/comm auto (21.7%), work comp (0.6%), other (1.3%)
Licensed in:
DC, DE, GA, IL, IN, KY, MD, MN, MO, NC, NY, OH, PA, SC, TN, VA, VT, WI, WV
Principal Investments:
Investment grade bonds (85.3%), preferred stock (3.6%), common stock (2.2%), non investment grade bonds (1.5%), other (7.3%)
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
26263
Website
Largest Affiliates