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The following ratings changes were generated on Friday, June 13.
(ERIE - Get Report)
has been downgraded to hold. The company provides sales, underwriting and policy issuance services to the policyholders of Erie Insurance Exchange. Erie's debt-to-equity ratio is very low, implying successful management of debt levels. Return on equity has improved slightly when compared with the same quarter one year prior. This can be construed as a modest strength in the organization.