Company facts
- Industry
- Insurance Agents, Brokers & Service
- Headquarters
- Erie, Pennsylvania
- Most recent report
- 8-K, filed Nov 3, 2026
- Incorporated
- Pennsylvania
- Filings on record
- 1,003+ filings
- On EDGAR
- CIK 922621
- Fiscal year ends
- December
- Filer status
- Large accelerated filer
Financials 8 of 22
News 8 of 46
Prospectuses and Registrations 3
Ownership 8 of 920
- 4 Insider reported a trade Nov 2, 2026
- 4 Insider reported a trade Nov 2, 2026
- 4 Insider reported a trade Nov 2, 2026
- 4 Insider reported a trade Nov 2, 2026
- 4 Insider reported a trade Nov 2, 2026
- 4 Insider reported a trade Nov 2, 2026
- 4 Insider reported a trade Nov 2, 2026
- 4 Insider reported a trade Nov 2, 2026
Other 8 of 12
What to read: Sep 2026 10-Q
SECSift found 3 of 10 sections worth reading, with 0 positive, 11 notable, and 3 negative flags.
Legal Proceedings (Item 1)
Single-customer concentration, large AOCI swing, off-balance-sheet exposures.Notable- $100M bank revolver expiring Nov 2029 has $99.2M available, with $108.6M collateral pledged; covenants complied with.
- $77M total pension contributions in 2026 ($47M required + $30M discretionary in Aug) improved funded status to $87.6M asset from $24.1M.
- No shares repurchased under $150M program in nine months; only $17.8M authorization remains.
- Off-balance-sheet exposures: agent loan program guarantees up to $24.5M, plus community guarantees $6M and lending commitments $15.4M.
Unregistered Sales and Repurchases (Item 2)
MD&A with detailed revenue, expense, and cash flow data; key metrics show mixed trends.Notable- New business premiums up 10.2% in Q3 2026, driven by private passenger auto; new policies up 11.1%.
- Commissions rose 5.2% in Q3 2026 due to higher agent incentive compensation from improved underwriting.
- Exchange is sole customer; its policy retention ratio slipped to 87.2% at Sep 2026 from 88.4% at Dec 2025.
- Net unrealized losses on AFS securities swung to $38.8M at Sep 2026 from +$1.3M at Dec 2025.
Legal Proceedings (Item 1)
Active fiduciary-duty lawsuit with a recent amended complaint and pending dismissal motion.Notable- Third Circuit ruled Oct 14, 2025, that the district court abused its discretion in granting a preliminary injunction.
- Supreme Court denied certiorari on March 23, 2026; Indemnity voluntarily dismissed the federal action on April 27, 2026.
- Preliminary objections to dismiss the amended complaint filed Aug 10, 2026; argument set for Nov 19, 2026.
What changed: Sep 2026 vs. Jun 2026
About 4% of ERIE's Sep 2026 10-Q is new information. 13 paragraphs were added, 115 changed, and 12 removed. Below are the most important lines SECSift identified.
New
- Added Exhibit 10.1: Fourth Amendment to Agreement of Lease between Erie Insurance Exchange and Erie Indemnity Company for the Erie Insurance Home Office Campus, dated October 1, 2026.
- Added Exhibit 14.1: Revised Code of Conduct.
- Added policy for equity securities without readily determinable fair values using measurement alternative.
Changed
- Direct and affiliated assumed premiums written by the Exchange for the nine months ended Sep 30, 2026 rose to $10.2B from $9.9B in 2025, a 2.9% increase.
- Guarantee decreased to $6.0M from $6.2M; added new lending commitment of $15.4M.
- Management fee revenue for policy issuance and renewal services for the nine months ended Sep 30, 2026 rose to $2.50B from $2.40B in 2025, a 3.8% increase.
- Net income for the nine months ended Sep 30, 2026 rose to $512.8M from $496.0M in the same period of 2025, a 3.4% increase.
- August 2026: 1,774 shares at $246.82, replacing April 2026: 1,290 shares at $233.19.
- Rose to $781.2M at Sep 30, 2026 from $753.2M at Jun 30, 2026.
- Total: 1,774 shares at $246.82, down from 3,198 shares at $230.48.
- The company recognized $4.0M of recoveries under its cybersecurity insurance policy as of Sep 30, 2026, previously only pursuing recovery.
- Evaluation period lengthened to nine months ended September 30, 2026 from six months ended June 30, 2026.
- Quarter ended September 30, 2026, from June 30, 2026.
- September 2026: no purchases, replacing May 2026: no purchases.
Everything here comes from Erie Indemnity Co's own filings on SEC EDGAR. The filing list is rechecked every hour. SECSift analysis was completed on Oct 29, 2026, from the 10-Q for Sep 2026.