Erie, Pennsylvania-based Erie Indemnity Company (ERIE) serves as the managing attorney-in-fact for the subscribers of the ...
The loss ratio increased to 58.7% from 56.6%, with the wildfire adding around four points and the underlying loss ratio ...
Erie Indemnity Company (NASDAQ:ERIE) is one of the 13 High-Quality S&P 500 Financial Stocks According to Hedge Funds. William ...
Surety bonds are instruments that create a legal obligation for one party to pay another. An indemnity bond is a specific type of surety bond that’s often used in situations where someone is borrowing ...
In Friday's 5-4 decision in S&B Engineers & Constructors, Ltd. v. Scallon Controls, Inc., the Supreme Court of Texas addressed an ...
The Texas Supreme Court just handed insurers a new playbook for recovering settlement dollars from subcontractors through ...
Accident Year 2025 Underwriting Profitability Improves Across Every Quarter; Current Accident Year Combined Ratio Excluding ...
Indemnity clauses are included in contracts to provide a means by which the contracting parties can shift the responsibility of risk. “Indemnity clauses can expand, limit or even eliminate the ...
In the field of insurance, the principle of indemnity is to restore the insured to the same financial condition as before a loss. With workers' comp, indemnity describes payments made to an injured or ...
“Let’s leave that to the lawyers.” It’s a familiar refrain that I hear often as contract negotiations drag on between parties. After the primary deal points in a contract have been agreed upon, many ...
The charitable foundation established in 2025 produced a one-time impact on GAAP net income and diluted earnings per share, ...