Erie Insurance Group
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RLI appoints Justin Doss as VP, Personal Lines Underwriting
ReinsuranceNe.ws· 2026-01-28 12:30
Core Viewpoint - RLI Corp. has appointed Justin Doss as Vice President of Personal Lines Underwriting, highlighting the company's focus on leadership in its Personal Lines business [1][2]. Group 1: Appointment Details - Justin Doss will lead the underwriting and distribution strategy for RLI's Personal Lines business [2]. - Doss has over 25 years of industry experience, including roles in personal lines underwriting, sales, and agency operations [2]. - He joined RLI in June 2016 and has held various leadership positions, most recently as Vice President of Distribution and Strategic Partnerships [2]. Group 2: Previous Experience - Before joining RLI, Doss served as Senior District Sales Manager at Erie Insurance Group [3]. - He has also held positions at Travelers and Affirmative Insurance earlier in his career [3]. Group 3: Leadership Endorsement - Jen Klobnak, COO of RLI Corp., praised Doss for his contributions to the disciplined and profitable growth of the Personal Lines business [3]. - Klobnak emphasized Doss's industry experience, relationship-building skills, integrity, and collaborative leadership style as key factors for his success in the new role [3].
Erie Indemnity to host third quarter 2025 pre-recorded conference call and webcast
Prnewswire· 2025-10-22 19:00
Core Points - Erie Indemnity Company will host a pre-recorded audio webcast to discuss its third-quarter financial results on October 31, 2025 [1] - A press release with the financial results will be issued after market close on October 30, 2025 [1] Company Overview - Erie Insurance Group is the 11th largest homeowners insurer, 12th largest automobile insurer, and 13th largest commercial lines insurer in the U.S. based on direct premiums written [3] - Founded in 1925, Erie Insurance is a Fortune 500 company and ranks as the 16th largest property/casualty insurer in the U.S. based on total lines net premium written [3] - The company has over 7 million policies in force and operates in 12 states and the District of Columbia [3]
Erie Indemnity Reports First Quarter 2025 Results
Prnewswire· 2025-04-24 20:15
Core Viewpoint - Erie Indemnity Company reported strong financial results for the first quarter of 2025, with net income increasing to $138.4 million, or $2.65 per diluted share, compared to $124.6 million, or $2.38 per diluted share, in the same period of 2024 [1][2]. Financial Performance - Operating income for the first quarter of 2025 was $151.4 million, up from $138.8 million in the first quarter of 2024, representing a growth of 9.1% [2][4]. - Total investment income increased to $19.5 million in the first quarter of 2025 from $15.1 million in the first quarter of 2024 [5][15]. - Other income rose to $3.8 million in the first quarter of 2025, compared to $3.4 million in the first quarter of 2024 [2][15]. Revenue Breakdown - Management fee revenue from policy issuance and renewal services increased by $89.4 million, or 13.4%, in the first quarter of 2025 compared to the first quarter of 2024 [10]. - Administrative services reimbursement revenue grew to $210.3 million in the first quarter of 2025 from $191.6 million in the first quarter of 2024 [13]. Expense Analysis - Total operating expenses rose to $838.0 million in the first quarter of 2025 from $741.9 million in the first quarter of 2024 [13]. - Non-commission expenses increased by $16.3 million, driven by higher personnel costs and increased information technology expenses [10]. Investment Performance - Net investment income was reported at $19.9 million in the first quarter of 2025, up from $15.9 million in the first quarter of 2024 [5][15]. - Net realized and unrealized gains on investments decreased to $0.5 million in the first quarter of 2025 from $1.9 million in the first quarter of 2024 [5][15]. Company Overview - Erie Insurance Group is the 12th largest homeowners insurer and the 13th largest automobile insurer in the United States based on direct premiums written [7]. - The company operates in 12 states and the District of Columbia, with over 7 million policies in force [7].
Erie Indemnity to host first quarter 2025 pre-recorded conference call and webcast
Prnewswire· 2025-04-08 19:00
Company Announcement - Erie Indemnity Company will host a pre-recorded audio webcast to discuss its financial results for the first quarter on April 25th at 10 a.m. Eastern Time [1] - A press release detailing the financial results will be issued after the market closes on April 24th [1] Access Information - Participants can access the pre-recorded audio via phone by registering through a provided link and are encouraged to join the call fifteen minutes early to avoid delays [2] - Individuals can subscribe to receive Erie Indemnity financial news via email by visiting the company's website [2] Company Overview - Erie Insurance Group is the 12th largest homeowners insurer, 13th largest automobile insurer, and 13th largest commercial lines insurer in the U.S. based on direct premiums written [3] - Founded in 1925, Erie Insurance is a Fortune 500 company and ranks as the 17th largest property/casualty insurer in the U.S. based on total lines net premium written [3] - The company holds an A+ (Superior) rating from A.M. Best and has over 7 million policies in force, operating in 12 states and the District of Columbia [3]