Highest-materiality recent filing
Erie Indemnity CFO Julie M. Pelkowski to retire at end of 2026
Julie M. Pelkowski, EVP and CFO, will retire at end of 2026 after more than 25 years with the company.
Erie Indemnity Q1 net income $150.5M ($2.88 EPS); dividend raised to $1.4625
Net income $150.5M ($2.88 diluted EPS) vs $138.4M ($2.65) in Q1 2025, up 8.7%.
Full year 2025 net income $559.3M ($10.69 diluted EPS) vs $600.3M ($11.48) in 2024, down 6.8%.
Erie Indemnity CEO Tim NeCastro to retire Dec 31, 2026; board begins search
Tim NeCastro steps down as President & CEO effective Dec 31, 2026 after 30 years with company, 10 as CEO.
Erie Indemnity raises quarterly dividend 7.1%, keeps management fee at 25%
Quarterly dividend increased to $1.4625 per Class A share and $219.375 per Class B share.
Erie Indemnity Q3 net income $182.9M ($3.50 diluted) up 14.4% YoY
Net income $182.9M vs $159.8M; diluted EPS $3.50 vs $3.06; nine-month net income $496.0M.
Erie Indemnity Q2 net income $174.7M, EPS $3.34; quarterly dividend raised to $1.365
Q2 net income $174.7M ($3.34 diluted EPS) up from $163.9M ($3.13) YoY; H1 $313.1M ($5.99) vs $288.5M ($5.52).
Erie Indemnity resumes full ops after cyber incident; no data breach found
Resumed full business operations; all key systems restored after information security incident first reported June 11, 2025.
Erie Indemnity Company discloses information security event on June 7, 2025
Discovered unusual network activity on June 7, 2025; determined to be an information security event.
Erie Indemnity Q1 net income rises 11% to $138.4M, EPS $2.65 vs $2.38
Net income $138.4M ($2.65 diluted EPS) vs $124.6M ($2.38) YoY; operating income up 9.1% to $151.4M.
FY 2024 net income $600.3M ($11.48/diluted), up from $446.1M ($8.53/diluted) YoY; operating income before taxes up 30.0%.
Erie Indemnity holds management fee at 25%, raises quarterly dividend 7.1%
Board maintained management fee rate at 25% for 2025, unchanged from 2024.
Erie Indemnity Q3 net income $159.8M ($3.06 EPS), up 22% YoY; operating income +21%
Net income $159.8M ($3.06 diluted EPS) vs $131.0M ($2.51) in Q3 2023, up 22%.
Erie Indemnity Q2 net income $163.9M ($3.13 diluted EPS); management fee revenue up 20.1%
Net income $163.9M ($3.13 diluted EPS) vs $117.9M ($2.25) in Q2 2023, up 39% YoY.
Erie Indemnity Q1 net income $124.6M, EPS $2.38; dividend raised to $1.275
Net income $124.6M ($2.38 diluted EPS) vs $86.2M ($1.65) in Q1 2023, up 44%.
Erie Indemnity FY 2023 EPS $8.53 vs $5.71; Q4 EPS $2.12; dividend raised to $1.275/quarter
Full year net income $446.1M ($8.53 diluted EPS) vs $298.6M ($5.71) in 2022; Q4 net income $110.9M ($2.12) vs $65.5M ($1.25).
Erie Indemnity raises quarterly dividend 7.1% to $1.275 per share; keeps management fee at 25%
Quarterly dividend on Class A increased from $1.19 to $1.275 (7.1% hike); Class B dividend rises to $191.25.
Erie Indemnity Q3 net income $131M ($2.51 EPS) up 55%; dividend raised to $1.19
Net income $131.0M ($2.51 diluted EPS) in Q3 2023, up 55% from $84.3M ($1.61) in Q3 2022.
Erie Indemnity Q2 net income $117.9M, EPS $2.25 up 47% YoY, dividend increased to $1.19
Diluted EPS $2.25 vs $1.53 in Q2 2022; net income rose 47% to $117.9M.
Erie Indemnity Q1 net income up 26% to $86.2M; dividend raised to $1.19
Net income $86.2M ($1.65 diluted EPS) vs $68.6M ($1.31) in Q1 2022.
Erie Indemnity Reports Q4 and Full Year 2022 Results; Declares $1.19 Dividend
Net income per diluted share was $1.25 in Q4 2022, up from $1.05 in Q4 2021.
Erie Indemnity CFO Gregory Gutting to retire on April 30, 2023
Gregory J. Gutting, EVP & CFO, retires effective April 30, 2023; search for replacement begins immediately.
Erie Indemnity Q3 net income $84.3M ($1.61 diluted EPS) down 6.6% YoY; operating income up 12%
Net income $84.3M vs $90.2M in Q3 2021; diluted EPS $1.61 vs $1.72.
Erie Indemnity Q2 net income $80.1M ($1.53 EPS); dividend raised to $1.11/share
Net income $80.1M ($1.53 diluted EPS) vs $79.0M ($1.51) in Q2 2021; operating income before taxes up 22.3% to $104M.
Erie Indemnity Q1 net income $68.6M ($1.31 diluted EPS) vs $73.6M ($1.41) YoY; dividend raised
Net income $68.6M, down 6.8% YoY; diluted EPS $1.31 vs $1.41.
Erie Indemnity: FY net income $297.9M ($5.69/diluted), Q4 $55M ($1.05); $1.11 dividend
FY 2021 net income $297.9M ($5.69 diluted EPS) vs $293.3M ($5.61) in 2020, up 1.6%.
Erie Indemnity buys $97.5M property from Exchange, raises dividend 7.2% to $1.11/share
Agrees to buy real estate (office buildings, parking, land) from Erie Insurance Exchange for $97.5M cash; closing expected Dec 31, 2021.
Erie Indemnity faces class action alleging breach of fiduciary duty over management fees
Complaint filed August 24, 2021 in Allegheny County, PA by policyholders Troy Stephenson, Christina Stephenson, Susan Rubel, and Steven Barnett.
Erie Indemnity Q2 EPS $1.51, revenue up 3.5%; declares $1.035 dividend (+7.3%)
Net income $79.0M ($1.51 diluted EPS) vs $82.0M ($1.57) in Q2 2020.
Julie M. Pelkowski will retire as Executive Vice President and Chief Financial Officer at the end of 2026.
On October 24, 2023, Lorianne Feltz informed the Company of her intention to retire as Executive Vice President of Claims & Customer Service on May 30, 2024.
Her appointment will become effective May 1, 2023, following the retirement of Chief Financial Officer Gregory J. Gutting.
Sean Dugan has been appointed as Executive Vice President, Human Resources & Corporate Services.
Julie M. Pelkowski has been appointed Executive Vice President and Chief Financial Officer of the Company
On November 16, 2022, Gregory J. Gutting notified Erie Indemnity Company (the “Company”) that he will retire as Executive Vice President and Chief Financial Officer of the Company on April 30, 2023.
On March 15, 2022, Erie Indemnity Company (the “Company”) announced that Parthasarathy (“Partha”) Srinivasa, 50, has been appointed Executive Vice President and Chief Information Officer of the Company.
On February 28, 2022, Erie Indemnity Company (“the Company”) announced that Jorie L. Novacek, 49, has been appointed Senior Vice President and Controller, effective March 3, 2022.
As previously disclosed in a Current Report on Form 8-K filed June 16, 2021, Robert C. Ingram, III retired as Executive Vice President and Chief Information Officer of Erie Indemnity Company (the “Company”) at the end of 2021.
On December 9, 2021, the Company issued a press release (the “Press Release”) announcing that Brian W. Bolash, 56, has been appointed an Executive Vice President of the Company.
On July 27, 2021, Dionne Wallace Oakley, Erie Indemnity Company’s (the “Company’s”) Executive Vice President of Human Resources and Strategy, announced that she will resign from the Company effective August 20, 2021.
Max materiality 0.85 · Median 0.65 · Most common event earnings