XML 47 R37.htm IDEA: XBRL DOCUMENT v3.25.2
Segment Information - Schedule of Segment Reporting Information, by Segment (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2024
Mar. 31, 2024
Jun. 30, 2025
Jun. 30, 2024
Segment Reporting Information [Line Items]            
Total operating revenue $ 1,060,097   $ 990,438   $ 2,049,496 $ 1,871,139
Total operating expenses 860,924   800,230   1,698,947 1,542,119
Operating income 199,173   190,208   350,549 329,020
Total investment income 19,600   13,827   39,136 28,906
Other income 1,974   3,292   5,808 6,703
Income tax expense 46,062   43,424   82,391 76,174
Net income 174,685 $ 138,417 163,903 $ 124,552 $ 313,102 $ 288,455
Erie Insurance Exchange            
Segment Reporting Information [Line Items]            
Depreciation and amortization expense reimbursed from the Exchange and its insurance subsidiaries (as a percent)         29.00% 28.00%
Management Operations            
Segment Reporting Information [Line Items]            
Total operating revenue 1,060,097   990,438   $ 2,049,496 $ 1,871,139
Commissions 463,442   419,951   900,302 795,711
Underwriting and policy processing 51,907   50,733   103,167 98,901
Information technology 57,669   50,599   122,454 104,089
Sales and advertising 19,781   16,954   37,156 34,161
Customer service 11,390   10,346   23,077 20,426
Administrative and other 44,091   45,619   89,874 91,236
Total operating expenses 860,924   800,230   1,698,947 1,542,119
Operating income 199,173   190,208   350,549 329,020
Total investment income 19,600   13,827   39,136 28,906
Other income 1,974   3,292   5,808 6,703
Income tax expense 46,062   43,424   82,391 76,174
Net income 174,685   163,903   313,102 288,455
Depreciation and amortization expense 16,100   13,800   31,900 27,100
Management fee revenue | Management Operations            
Segment Reporting Information [Line Items]            
Total operating revenue 842,149   777,937   1,614,843 1,460,557
Administrative services reimbursement revenue            
Segment Reporting Information [Line Items]            
Total operating revenue 212,644   206,028   422,917 397,595
Total operating expenses 212,644   206,028   422,917 397,595
Administrative services reimbursement revenue | Management Operations            
Segment Reporting Information [Line Items]            
Total operating revenue 212,644   206,028   422,917 397,595
Total operating expenses 212,644   206,028   422,917 397,595
Service agreement revenue            
Segment Reporting Information [Line Items]            
Total operating revenue 5,304   6,473   11,736 12,987
Service agreement revenue | Management Operations            
Segment Reporting Information [Line Items]            
Total operating revenue 5,304   6,473   11,736 12,987
Management fee revenue - policy issuance and renewal services            
Segment Reporting Information [Line Items]            
Total operating revenue 823,853   760,886   1,578,902 1,426,572
Total operating expenses 648,280   594,202   1,276,030 1,144,524
Management fee revenue - policy issuance and renewal services | Management Operations            
Segment Reporting Information [Line Items]            
Total operating expenses $ 648,280   $ 594,202   $ 1,276,030 $ 1,144,524