Erie Indemnity was named to the S&P 500, then lost half its value. The Pa. company says its 7 million customers have nothing to fear.
From Wall Street in 2024, Erie Indemnity Co. looked so solid, with rising revenues and profits, that it was named to the S&P 500 index of big, profitable, growing U.S. companies.
The largest U.S. stock investors, like the Vanguard 500 Index fund, res… [7329 chars]
Source: The Philadelphia Inquirer | Published: 2026-04-18T09:01:00Z
Credit: The Philadelphia Inquirer
