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Barchart
Kritika Sarmah

How Is Erie Indemnity’s Stock Performance Compared to Other Insurance Stocks?

Erie Indemnity Erie Insurance KIE WTW

Erie, Pennsylvania-based Erie Indemnity Company (ERIE) serves as the attorney-in-fact for the subscribers at the Erie Insurance Exchange, which is a reciprocal insurer that writes property and casualty insurance. With a market cap of $14.7 billion, the company provides issuance and renewal services, sales-related services, and underwriting services.

Companies valued at $10 billion or more are generally classified as “large-cap” stocks, and Erie Indemnity Company fits this description perfectly. 

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