Erie Indemnity Reports Third Quarter 2024 Results
1. Net income of $159.8 million, up from $131 million in Q3 2023. 2. Operating income before taxes increased by 21.3% year-over-year in Q3 2024. 3. Management fee revenue grew by 18.5% compared to Q3 2023. 4. Investment income before taxes rose to $19.5 million from $12.3 million in Q3 2023. 5. Erie is the 12th largest homeowners insurer in the U.S.