Latest Erie Insurance Headlines
All the headlines from our Erie Insurance Topic Page, ordered by recency.
Insurer Analyzes Top 10 Driving Distractions Involved in Fatal Car Crashes
Apr 4 2013 // Of the more than 65,000 people in the U.S. killed in car crashes over the past two years, one in 10 were in crashes where at least one of the drivers was distracted, according to an analysis by Erie Insurance. The Erie,...
Erie Indemnity Posts $160M Profit for Full-Year 2012
Feb 28 2013 // Erie Indemnity Company, the managing company for Erie Insurance, posted 2012 fourth-quarter earnings of $30 million, up 15 percent from earnings of $26 million in the fourth quarter of 2011. Operating income was $29...
Erie Insurance Names IT Senior Vice President in Pennsylvania
Feb 28 2013 // Erie Insurance appointed Keith Kennedy as senior vice president for strategic and integrated services with the company’s Information Technology division. Kennedy’s responsibilities include overseeing the IT...
Md. Consumers Receive $2M in Restitution From Erie Insurance Companies
Oct 5 2012 // Regulators said Maryland consumers received nearly $2 million in refunded premium and interest payments — after an investigation by the Maryland Insurance Administration discovered that two Erie insurance companies...
States Ranked Highest, Lowest for Teen Driver Deaths
Oct 1 2012 // Wyoming, Montana, Mississippi, West Virginia, Arkansas and Alabama have the highest death rates when teens are driving, while the District of Columbia, New York, Rhode Island, Massachusetts and New Jersey have the lowest...
Erie Insurance in Pennsylvania Announces 3 Officer Promotions
Aug 24 2012 // Erie, Pennsylvania-based Erie Insurance announced three officer appointments. Richard Burt has been promoted to executive vice president of product. In this role, Burt will oversee Erie’s three business lines –...
GE Executive Joins Erie Insurance as New Chief Investment Officer
Jun 5 2012 // Erie, Penn.-based Erie Insurance Group appointed Brad Postema as senior vice president and chief investment officer.Brad PostemaIn his new role, Postema will be responsible for the investment strategies of Erie Insurance...
Erie Insurance in Pennsylvania Announces New Appointments, Promotions
Mar 21 2012 // Erie Insurance Group, the 20th largest P/C insurer in the country based on total lines net premium written, announced several officer appointments and promotions. Andrew Erman has been appointed as vice president and chief...
Erie Indemnity Posts $47M Q3 Profit, Down 13% From Last Year
Nov 8 2011 // Erie Indemnity, the managing company for Erie Insurance Group’s reciprocal insurance company, reported $47 million third-quarter profit. Profit is down 13 percent compared to one year ago. The third-quarter 2010 net...
Ratings Roundup: Erie Group, Waco Fire & Casualty, Maya Assurance
Nov 9 2010 // A.M. Best Co. has commented that the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Erie Insurance Group and its members are unchanged following the...
Olympic Complex to Be Named for Former Erie Insurance Executive
Oct 22 2009 // A retired Erie insurance executive who donated $10 million toward the University of Pittsburgh’s basketball arena is also helping fund an Olympic Sports Complex on campus. John Petersen his a 1951 Pitt graduate and...
Illinois Deer-Vehicle Collisions Increase 25% in Two Year Period
Sep 26 2008 // Each year, deer-vehicle crashes cause more than 200 deaths and tens of thousands of injuries, while racking up $1.1 billion in property damages. Based upon Erie Insurance’s decade of deer-vehicle collision data, we...
Erie Insurance Expands Auto Coverage for Pets in Virginia
Aug 5 2008 // For decades, Erie Insurance auto policies have paid for first aid to others’ animals at the time of an accident. Now, all Erie Insurance personal auto policies in Virginia include injury coverage for their own pets,...
Erie Insurance Group Welcomes First Outside CEO
Jul 21 2008 // Erie Insurance Group is welcoming the first chief executive officer to come from outside the company in its 83-year history. Terrence Cavanaugh takes over as president and CEO of Erie Insurance on July 29. He will be the...
Erie Insurance Appoints Chubb’s Cavanaugh as President, CEO
Jul 17 2008 // Erie Insurance Group has selected Terrence W. Cavanaugh as president and chief executive officer, effective July 29, at which time he will also be elected to the company’s board of directors. Cavanaugh joins Erie...
Erie Insurance Says It Handled Former Judge’s Claim Correctly
Jan 8 2008 // Erie Insurance Group says an internal investigation shows the company properly handled a claim by former Pennsylvania Superior Court Judge Michael Joyce. Joyce has been indicted on charges he bilked Erie Insurance and...
S&P Details Actions Taken on ‘Public Information’ Ratings
Dec 10 2007 // Standard & Poor’s Ratings Services has announced various rating actions on insurance companies with public information (pi) ratings. S&P explained that “ratings with a ‘pi’ subscript are...
Business Moves
Oct 8 2007 // The Hanover, Professionals Direct The Hanover Insurance Group, Inc. reports it has completed the previously announced acquisition of Professionals Direct, Inc. for $23.2 million. Professionals Direct’s companies...
Erie Insurance Announces Plans to Enter Minnesota Market in ’09
Sep 25 2007 // Penn.-based Erie Insurance recently announced that the company plans to write business in Minnesota beginning in the fourth quarter of 2009. . “We are looking forward to entering Minnesota because of the substantial...
Pa. Judge Faces Fraud Indictment Relating to Car Accident Claim
Aug 17 2007 // A Pennsylvania Superior Court judge collected insurance money after claiming a car accident made him unable to exercise or play golf, but then played golf, went inline skating and received his pilot’s license,...
