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Erie Indemnity Company
NASD: ERIE
Sector: Financial
Industry: Insurance (Prop. & Casualty)
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BRIEF: For the three months ended 31 March 2008, ERIE Indemnity Company's revenues decreased 11% to $271.1M. Net income decreased 47% to $30M. Revenues reflect lower revenue generated from premium earned, decreased service segment revenues and lower service income. Net income also reflects higher cost of management operations, an increase in the losses & loss adjustment expenses incurred and higher policy acquisition & underwriting expenses.
OFFICERS: Thomas Hagen, Chairman of the Board,
John Brinling, President, Chief Executive Officer,
Philip Garcia, Chief Financial Officer, Executive Vice President,
James Tanous, Executive Vice President, General Counsel, Secretary,
Michael Krahe, Executive Vice President - Human Development and Leadership. TRANSFER AGENT: Company Office.. Company reincorp.PA. Direct inquiries to: Investor Relations.
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