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ERIE - Erie Indemnity Co News Story

$203.83 0.3  0.1%

Last Trade - 14/05/21

Sector
Financials
Size
Large Cap
Market Cap £7.56bn
Enterprise Value £7.52bn
Revenue £1.81bn
Position in Universe 903rd / 6846

BRIEF-Erie Insurance provides additional $200 mln relief to auto insurance customers

Tue 21st April, 2020 2:09pm
April 21 (Reuters) - Erie Indemnity Co  ERIE.O :
    * ERIE INSURANCE ANNOUNCES $200 MILLION IN IMMEDIATE RELIEF
FOR
CUSTOMERS
    * ERIE INDEMNITY:  ERIE INSURANCE TO PROVIDE $200 MILLION IN
DIVIDENDS  TO PERSONAL AND COMMERCIAL AUTO INSURANCE CUSTOMERS
IN 12 U.S. STATES AND DISTRICT OF COLUMBIA
    * ERIE INDEMNITY:  RELIEF REPRESENTS 30% OF RELATED AUTO
INSURANCE
PREMIUMS OVER 2-MONTH PERIOD, OR 5% OF ANNUAL PREMIUM
    * ERIE INDEMNITY:  RELIEF IS IN ADDITION TO $200 MILLION
RATE
REDUCTIONS ANNOUNCED EARLIER IN APRIL
    * ERIE INDEMNITY:  CITES SIGNIFICANT DECLINE IN MILES DRIVEN
BECAUSE OF COVID-19 STAY-AT-HOME DIRECTIVES AS REASON FOR FOR
RELIEF
    * ERIE INDEMNITY:  CITES SIGNIFICANT DECLINE IN MILES DRIVEN
BECAUSE OF COVID-19 STAY-AT-HOME DIRECTIVES AS REASON FOR RELIEF

Source text for Eikon:  ID:nPn1h5l11a 
Further company coverage:  ERIE.O
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