Erie Indemnity Company ( ERIE) Q3 2011 Earnings Call November 4, 2011 10:00 am ET Executives Karen Kraus Phillips – Vice President and Director, Investor Relations Terrence W. Cavanaugh – President and Chief Executive Officer Marcia A. Dall – Executive Vice President and Chief Financial Officer Analysts Bill Broomall – Macquarie Research Equities Ron Bobman – Capital Returns PresentationOperator
Hello and welcome to the Erie Indemnity Company Third Quarter 2011 Earnings Conference. I’d like to introduce to your host for today’s conference call Karen Kraus, Vice President and Director of Investor Relations. Karen Kraus Phillips Thank you, Sean and good morning we appreciate all of you joining us. On today’s call, management will discuss our third 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 are issued yesterday afternoon and its have been posted to our website erieinsurance.com. As a reminder, Indemnity’s third quarter 2011 results do not include the results of the property and casualty insurance operations or life operations that result to the Exchange. However the direct written premium produced by the Exchange’s property and casualty operations is a primary driver of Indemnity’s financial results and therefore pertinence to our discussion.