East News
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Wall Street Weighs Heavily on Erie Indemnity Co.
East News • November 6, 2008
Problems on Wall Street meant slipping profits at Erie Indemnity Co, as its third quarter net income fell to $4.2 million -- down 92 percent from the $53.5 million earned in the same period last ...
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| Subject | Posted By | Posted On |
|---|---|---|
| Erie | Erie Policyholder | Nov 7, 2008, 9:46 am |
| RE: RE: .. Erie Insurance | Dan | Nov 7, 2008, 7:03 am |
| RE: .. Erie Insurance | Ken B. | Nov 6, 2008, 8:48 pm |
| Rah Rah | Jeff the Cynic | Nov 6, 2008, 4:47 pm |
| RE: Erie drops clients with any claims | Dan | Nov 6, 2008, 3:33 pm |
| Erie drops clients with any claims | Joe | Nov 6, 2008, 3:25 pm |
| RE: ..Erie's Investment Losses- | Dan | Nov 6, 2008, 2:24 pm |
| ..-" Do you ever get that Eerie feeling ?",,,,, | alan | Nov 6, 2008, 1:15 pm |
| Back to article | ||
Subject: ..-" Do you ever get that Eerie feeling ?",,,,,
We now ALL know that. They will B.S. you into oblivion to sell you securities which aren't "secure", not to mention the smoke & mirrors games they play so well.
Banks & insurance companies have been hurt & some have disappeared.
But part of Erie's problem is the way they do business.
I speak from experience in seeing how they rate..-make that PRICE their auto.
Who do they think they are Esurance, or Unitrin
(yeah, look where they are now)
Erie throws aroung 250/500/100 , Full Tort & Stacked, like a drunk in free bar!
Get back to Underwriting for a profit, & Beware Wall Street
For all who don't know it yet, we have NOT yet seen the end of the financial carnage
Sadly, more of it to follow