Valued at a market cap of $16.5 billion, Erie Indemnity Company (ERIE) is a U.S.-based insurance services company headquartered in Erie, Pennsylvania. It serves as the managing attorney-in-fact for the Erie Insurance Exchange, which is a reciprocal insurance exchange offering auto, home, business, and life insurance.
Shares of ERIE have underperformed the broader market, plunging 19.8% over the past 52 weeks and 12.5% this year. In contrast, the S&P 500 Index ($SPX) has gained 19.3% over the past year and is up 8.4% in 2025.
