Erie Indemnity's CEO Discusses Q2 2012 Results - Earnings Call Transcript

Erie Indemnity Company (ERIE)

Q2 2012 Results Earnings Call

August 03, 2012 10:00 AM ET

Executives

Karen Kraus Phillips – Vice President, IR

Terry Cavanaugh – President and CEO

Marcia Dall – Executive Vice President and CFO

Chip Dufala – Executive Vice President, Services

John Kearns – Executive Vice President, Sales and Marketing

Jim Tanous – Executive Vice President, Secretary and General Counsel

Analysts

Adam Klauber – William Blair

Presentation

Operator

Good morning. And welcome to the Erie Indemnity Company Second Quarter 2012 Earnings Conference Call. I would like to introduce your host for today's call, Karen Kraus Phillips, Vice President of Investor Relations.

Karen Kraus Phillips

Thank you, Marie, and welcome everyone. We appreciate all of you joining us today. On today's call, management will discuss our second quarter 2012 results and other matters related to the company's second quarter operation.

Joining me today 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; and Jim Tanous, Executive Vice President, Secretary and General Counsel.

Our earnings release and financial supplements were issued yesterday afternoon, and are currently available on our website erieinsurance.com. We will hear brief remarks from Terry and Marcia, and then open the call for Q&A.

Before we begin, let me remind everyone that today's discussion may contain forward-looking statements. 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. For information on important factors that may cause such differences, please see the Safe Harbor statements in our latest 10-Q filing with the SEC dated August 2, 2012, and in the related press release.

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