Erie Indemnity (ERIE) Risk Factor Changes
Erie Indemnity Risk Factor Changes
Latest 10-K compared with the year before. 16 changes found.
•Investment credit risk - the risk that the value of certain investments may decrease due to the deterioration in financial condition of, or the liquidity available to, one or more issuers of those securities or, in t…
At December 31, 2025, our investment portfolio consisted of approximately 85% fixed maturity securities, with the remaining 15% invested in equity securities and other investments.
Our activities are subject to extensive regulation under federal and state laws on matters as diverse as internal control over financial reporting and disclosure controls, securities regulation, data privacy and prote…
meet the needs of our core business operations and address multiple business interruption events, there is no assurance that core business operations could be performed upon the occurrence of such an event.
We have established business continuity and disaster recovery plans to provide for the continuation of core business operations in the event that normal business operations could not be performed due to catastrophic o…
Our success is largely dependent upon our ability to attract and retain talented executives and other key management.
Commissions to independent agents are our largest expense.
The Exchange's insurance operations are exposed to claims arising out of catastrophes.
Financial strength ratings are an important factor in establishing the competitive position of insurance companies such as the Exchange.
premium.
The direct written premium of the Exchange is impacted by the premium rates charged for policies.
The management fee rate is set at least annually by our Board of Directors and may not exceed 25% of the direct and affiliated assumed premiums written by the Exchange.
We are dependent upon management fees we retain, which represent our principal source of revenue.
due to the deterioration of the loans or other assets that underlie the securities, which, in each case, also includes the risk of permanent loss.
The Exchange's insurance operations are exposed to claims arising out of catastrophes.
attract profitable business in the highly competitive property and casualty insurance market and potentially result in reduced sales of its products and lower premium revenue.