secwatch.observer — SEC 8-K summary
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Issuer:     ERIE INDEMNITY CO (ERIE)
CIK:        0000922621
Form:       8-K
Filed at:   2021-10-28T23:59:59+00:00
Accession:  0000922621-21-000047
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Erie Indemnity Q3 net income $90.2M, diluted EPS $1.72; operating income dips 1.2%
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- Net income of $90.2M vs $89.2M YoY; diluted EPS $1.72 vs $1.71 in Q3 2020.
- Operating income fell 1.2% to $95.1M; management fee revenue (policy issuance) up 4.2% to $504.9M.
- Investment income before taxes $20.6M vs $16.4M, driven by limited partnership earnings of $11.5M.
- Commissions increased $14.9M on higher direct/affiliated written premium; non-commission costs up $5.9M.
- Nine-month net income $242.8M ($4.64 diluted EPS) vs $230.5M ($4.41) in prior-year period.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/922621/000092262121000047/0000922621-21-000047-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/922621/000092262121000047/erie-20211028.htm
  HTML page:      https://secwatch.observer/filing/0000922621-21-000047

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer