Latest Erie Insurance Headlines
All the headlines from our Erie Insurance Topic Page, ordered by recency.
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,...
Oh, deer … it’s that season
Oct 9 2006 // According to claims information from Erie Insurance, one in every 100 drivers nationally is likely to have a collision with a deer. The Insurance Institute for Highway Safety estimates that deer-vehicle crashes rack up...
Oh, deer . . . it’s that season
Oct 9 2006 // According to claims information from Erie Insurance, one in every 100 drivers nationally is likely to have a collision with a deer. The Insurance Institute for Highway Safety estimates that deer-vehicle crashes rack up...
Citigroup’s Stempora Joins Erie Insurance to Head IT
Jul 26 2006 // Erie Insurance Group recently announced the appointment of Jeffrey D. Stempora as senior vice president, division officer and chief information officer, effective August 21, 2006. In his new position Stempora will be...
Erie Indemnity Selected for NASDAQ Global Select Market
Jul 6 2006 // Erie Indemnity Company (NASDAQ:ERIE) of Erie, Pa., is now included in the new NASDAQ Global Select Market. Prior to the change, the company had been listed on the NASDAQ National Market. The NASDAQ Global Select Market...
Erie Insurance Provides Emergency Claims Contact Info to Ind. Policyholders
Apr 19 2006 // Erie Insurance Group has announced that is is providing contact information to its policyholders who have suffered damages as a result of the recent hail storms in Indiana. In its writtend statement, Erie Insurance...
Erie Indemnity Alters Personal Lines Technology Strategy
Apr 18 2006 // Erie Indemnity Company said it is halting development of its ERIEConnection, a personal lines policy administration and Web-based agency interface system. The company said it will instead now focus on more incremental,...
N.H.’s Senator Gregg, 17 Erie Insurance Employees Among Powerball Winners
Oct 21 2005 // Winners of this week’s Powerball lottery include a millionaire U.S. senator from New Hampshire and 17 employees of Erie Insurance Group in Erie, Pa. Neither U.S. Senator Judd Gregg (R-N.H.) nor the Erie Insurance...
Erie Company Extends Execs’ Contracts
Sep 15 2005 // Erie Indemnity Company directors have extended with modifcations the the employment contracts for the company’s seven principal executive officers. The modifications include a reduction in the severance benefits for...
