Compare · ERIE vs PGR
ERIE vs PGR
Side-by-side comparison of Erie Indemnity Company (ERIE) and Progressive Corporation (PGR): market cap, price performance, sector, and recent activity on the wire.
Summary
- Both companies sit in the Finance sector. ERIE focuses on Specialty Insurers, while PGR focuses on Property-Casualty Insurers.
- PGR is the larger of the two at $124.38B, about 10.7x ERIE ($11.66B).
- Over the past year, ERIE is down 28.8% and PGR is down 12.7% - PGR leads by 16.1 points.
- ERIE has been more active in the news (38 items in the past 4 weeks vs 25 for PGR).
- PGR has more recent analyst coverage (25 ratings vs 0 for ERIE).
Erie Indemnity Company
Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. The company provides sales, underwriting, policy issuance, and renewal services for the policyholders on behalf of the Erie Insurance Exchange. Its sales related services include agent compensation, and sales and advertising support services; and underwriting services comprise underwriting and policy processing; and other services consist of customer services and administrative support services, as well as information technology services. Erie Indemnity Company was incorporated in 1925 and is based in Erie, Pennsylvania.
Progressive Corporation
The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, general liability, and other specialty property-casualty insurance products and related services in the United States. It operates in three segments: Personal Lines, Commercial Lines, and Property. The Personal Lines segment writes insurance for personal autos and recreational vehicles (RV). This segment's products include personal auto insurance; and special lines products, including insurance for motorcycles, ATVs, RVs, watercrafts, snowmobiles, and related products. The Commercial Lines segment provides auto-related primary liability and physical damage insurance, and business-related general liability and property insurance for autos, vans, pick-up trucks, and dump trucks used by small businesses; tractors, trailers, and straight trucks primarily used by regional general freight and expeditor-type businesses, and long-haul operators; dump trucks, log trucks, and garbage trucks used by dirt, sand and gravel, logging, and coal-type businesses; and tow trucks and wreckers used in towing services and gas/service station businesses; as well as non-fleet and airport taxis, and black-car services. The Property segment writes residential property insurance for homes, condos, manufactured homes, and renters, as well as offers personal umbrella insurance, and primary and excess flood insurance. The company also offers policy issuance and claims adjusting services; and acts as an agent to place business owner's policies, general and professional liability, and workers' compensation insurance. In addition, it provides reinsurance services. The company sells its products through independent insurance agencies, as well as directly on Internet through mobile devices, and over the phone. The Progressive Corporation was founded in 1937 and is headquartered in Mayfield, Ohio.
Latest ERIE
- EVP Smith Douglas Edward acquired $624 worth of shares (3 units at $242.04), increasing direct ownership by 0.05% to 5,172 units (SEC Form 4)
- Executive Vice President Shine Sarah acquired $2,675 worth of shares (11 units at $242.04), increasing direct ownership by 2% to 569 units (SEC Form 4)
- EVP & CFO Pelkowski Julie Marie acquired $821 worth of shares (3 units at $242.04), increasing direct ownership by 0.51% to 675 units (SEC Form 4)
- Senior Vice President, Life Dabreo Anthony acquired $2,168 worth of shares (9 units at $242.04), increasing direct ownership by 0.98% to 921 units (SEC Form 4)
- Executive Vice President Cook Cody acquired $2,848 worth of shares (12 units at $242.04), increasing direct ownership by 1% to 1,159 units (SEC Form 4)
- SEC Form 4 filed by Director Vorsheck Elizabeth A
- SEC Form 4 filed by Director Palmer Thomas W
- SEC Form 4 filed by Director Hudson Brian Arden Sr.
- SEC Form 4 filed by Director Hartz Charles Scott
- SEC Form 4 filed by Director Hagen Thomas B
Latest PGR
- Progressive Corporation filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits
- SEC Form 10-Q filed by Progressive Corporation
- VP and Chief Financial Officer Quigg Andrew J sold $769,780 worth of Common (3,499 units at $220.00) as part of a pre-agreed trading plan, decreasing direct ownership by 8% to 42,595 units (SEC Form 4)
- Claims President Murphy John Jo sold $1,727,975 worth of Common (8,124 units at $212.70) as part of a pre-agreed trading plan, decreasing direct ownership by 16% to 41,291 units (SEC Form 4)
- President and CEO Griffith Susan Patricia sold $7,942,166 worth of Common (37,338 units at $212.71) as part of a pre-agreed trading plan, decreasing direct ownership by 7% to 522,776 units (SEC Form 4)
- Chief Investment Officer Bauer Jonathan S. sold $476,896 worth of Common (2,242 units at $212.71) as part of a pre-agreed trading plan, decreasing direct ownership by 8% to 26,250 units (SEC Form 4)
- Commercial Lines President Bailo Karen sold $1,797,825 worth of Common (8,452 units at $212.71) as part of a pre-agreed trading plan, decreasing direct ownership by 21% to 32,348 units (SEC Form 4)
- Chief Strategy Officer Witalec Daniel J was granted 2,422 units of Common and covered exercise/tax liability with 706 units of Common, increasing direct ownership by 70% to 4,166 units (SEC Form 4)
- Vice Pres, Secretary and CLO Stringer David M was granted 530 units of Common and covered exercise/tax liability with 235 units of Common, increasing direct ownership by 6% to 5,034 units (SEC Form 4)
- VP and Chief Financial Officer Quigg Andrew J was granted 12,525 units of Common and covered exercise/tax liability with 5,526 units of Common, increasing direct ownership by 18% to 46,094 units (SEC Form 4)