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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: RE: ..Erie's Investment Losses-

Posted On: November 6, 2008, 2:24 pm CST
Posted By: Dan
Comment:
Sounds like Alan is not an Erie Agent but would like to be. If he were, he would know that Eire prices their products to make money on the insurance side, and they do consistantly. I am not surprised they lost so much in their portfolio given what transpired in the stock market and it begs the question, how did they compare with the industry as a whole? On a percentage basis I doubt seriously they took a bigger hit than many other carriers. They have a new CEO, first one in the company's history hired from the outside, and I believe he will take them to new heights, even in this market.
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
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