Erie Indemnity Company (
Q4 2011 Earnings Call
February 28, 2012 10:00 a.m. ET
Karen Kraus Phillips – VP and Director, IR
Terrence W. Cavanaugh – President and CEO
Marcia A. Dall – EVP and CFO
George Chip Dufala – EVP, Services
John F. Kearns – EVP, Sales and Marketing
James J. Tanous – EVP, Secretary and General Counsel
Michael S. Zavasky – EVP, Insurance Operations
Adam Klauber – William Blair & Company, L.L.C.
Hello and welcome to the Erie Indemnity Company Fourth Quarter 2011 Earnings Conference. I’d like to introduce your host for today’s conference call, Karen Kraus Phillips, Vice President of Investor Relations.
Karen Kraus Phillips
Thank you, Duane and good morning, we appreciate all of you joining us. On today’s call management will discuss our fourth quarter 2011 results and other matters. Joining me are Terry Cavanaugh, President and CEO; Marcia Dall, Executive Vice President and Chief Financial Officer; Chip Dufala, Executive Vice President, Services; John Kearns, Executive Vice President, Sales and Marketing; Jim Tanous, Executive Vice President, Secretary and General Counsel; and Mike Zavasky, Executive Vice President, Insurance Operations.
Our earnings release and financial supplements were issued yesterday afternoon and these have been posted on our website erieinsurance.com. As a reminder, Indemnity’s fourth quarter 2011 results do not include the results of the property and casualty insurance operations or life operations that were sold to the Exchange.
On today’s call, management will share important information about current and future company initiatives, as a result forward-looking statements may be incorporated into their comments. These forward-looking statements reflect the company’s current views about future events and are based on assumptions subject to known and unknown risks and uncertainties. These risks and uncertainties may cause results to differ materially from those anticipated as described in those statements.