Their net loss was $680 per second, $40,791 per minute, $58,739,726 per day.
Keep that in mind if you reference the prior IJ articles about CEO compensation, severance and bonuses… Shareholders need to demand more accountability.
I have experienced several problems with Erie Insurance. According to FBIC they are rated at #24 out of 100 as worst company to get insurance. Google “FBIC” and see for yourself. They also list the good insurance companies. If you have a problem with your current insurance company they give state by state laws on what you are allowed to do against your insurance company. Insurance companies are state regulated. Google “FBIC” and find out what your rights are and what you can do.
That is 3 straight quarters losing over $5 Billion. From their financial report, it looks like their insurance biz is doing just fine, posting a 90 combined. They made $1.4B writing P&C insurance, and an additional $2.6 on the L&H side.
Thanks Greg for promoting our website on here…we like the press. We beat Geico, and now we are focusing on others. What do i know? I am just a caveman…
If you don’t like what people say, then don’t read it. Obviously, you do care because you did read the comment. Furthermore, I’m getting my job accomplished by getting people like you to read the comments. So, I will continue on. Thanks for reading my comment. By the way, do you know what the “FBIC” is? If not, look it up and see what they’re about. Also, don’t be afraid to identify yourself (full name)— I did. Again, until you read about the FBIC and understand what bad faith insurance companies do to people, shut the ? up. What interesting comment have you posted besides what you don’t want to hear from others? I’d love to look at it. By the way, I will continue on—Sorry “Ok that’s enough”.
Apparently not everyone shares the same sentiment about Erie. Feel free to Google the JD Powers Survey where Erie was voted #1 for customer satisfaction for auto in U.S.
Not sure what any of this (yes, including my post) has to do with AIG or the story. . .
I’ve worked very hard in life not to be reduced to other people’s level, or to call them one-track idiots, but you are pushing it very close to the edge.
You’re comment accomplished NOTHING, at least not with me, other than to prove you don’t have any real power to effect change so you are reduced to post everywhere to settle a personal battle.
My full name is irrelevant at this point – that will be made clear another day. Until that time, just keep saying what you’re saying – when one hears the same drum beat over and over, eventually the sound is no longer heard.
Oh and to tell some one to “shut up” is just simply proof of lack of training. At least be creative in how you try to silence YOUR critics.
Ok that’s enough. Don’t be afraid to post your real name. You must not have insurance with Erie or any of it’s affiliates. Please let me know and don’t lie. If you do, you better hope you don’t have a claim. And by the way, after what they have tried to pull on me—– It’s never enough. So, I’ll see ya on the internet as long as you keep reading. I’m glad people are actually reading the comments whether that like them or not. If you don’t like it, switch your insurance to Erie, have a claim then email me back. Too, I don’t care whether you like it or not— We live in the USA. I’m sure Erie doesn’t like the bad publicity. After you look at the “FBIC” which has nothing to do with me and see what they say about Erie then make your comment and also attach what the FBIC says about Erie. I’m loving freedom of speech on the internet. I will continue on, because I know you won’t forget the name Erie and I bet your insurance is with someone else.
The beauty of the internet is getting the word out. Obviously, it works. I’ve got your attention. Now, Jeffrey A. Ludrof just up and quit Erie without having a replacement overnight. Why would a CEO do that to Erie? Do you even know what the “FBIC” is? They’re an unbiased group that speaks the truth. I’m just one example of what they are talking about. And you ask what does this have to do with the AIG story? I got you as a reader. Now do you understand”
Actually, I was with Erie and did have a claim – no problems. I moved my coverage for a whole other reason.
My bet is with Ludrof gone you will see some changes. I never cared for him as a person (yes, I knew him). He came from the claims background and saw it as a challenge to figure out how to torture the policy. It wasn’t that way when Milne was in charge.
A lot of it comes down to the agent. Erie has a bad habbit of appointing agents that know one thing – life insurance (except in NY where they don’t sell it). Agents don’t know enough to question the claims adjuster.
Don’t misunderstand my comments as disagreement, it’s just getting real old. Send letters, call your congressman, anything, just comment about the story – not your personal problems.
Even free speech can get you sued if you propagate it enough (but you should be ok as long as you stay within the realm of truth). It’s called a SLAPP suit. They don’t have to win, just cost you a lot of money.
Actually, your duel is becoming quite entertaining. I don’t know who or what the FBIC is but I do know about B.O.H.I.C.A.; be prepared, it’s coming our way!
Greg – Your hatred of the Erie Insurance Group is astounding. Most people ignore what they detest. The more you post about Erie, the more you are showing you don’t have a clue what you are talking about. For starters, Ludrof was forced out. If you followed the true history of the company, you’d know that. As to why Erie is hard to buy insurance from…they are a preferred auto/home insurance carrier. They want the best of the best. They consistently win high grades from every rating service in existence. Agreeing with Mr. Okay, there was a rough ride when Ludrof was at the helm. Even now, things are rapidly improving. Why this is improving is because Tom Hagen returned as Chairman of the Board…and among the most successful run in company history is when he ran the company before. I’ve been in the independent agency system for nearly 25 years, combining current with prior positions, I have represented at least 20 different insurance carriers. I can state there are a lot of good companies out there, and I can also state that Erie is one of the very best.
I figured you had some sort of relations with Erie. I appreciate your honosty. Now, I’m not afraid of a slap suit. The word I’m putting out is I want people to look at the “FBIC”. Have you heard of the term “Let’s dry them out”. I’m not saying anything that is not true. I did beat Erie in court already and of course, they appealed. I’m going all the way with this because they are wrong. I even got Jeff in a lie to the Tn. insurance commission and have the proof. I wished I knew of the FBIC before buying insurance. I’m simply putting on the internet what the “FBIC” is stating. They’ve gather the information, not me. There is no law against that. I’ve always have said the FBIC says they’re a bad faith insurance company and they say buy at your own greatest risk when you buy from them. So, pull that webb sight up and see for yourself. After you look at that webb sight, tell me where they have Erie rated and what number. They have them listed at number 24 in the hall of shame as of yesterday.
Well now that I’ve gotten all you people to hear about the “FBIC” I’ll go to another webb sight and do my thing. My ultimate goal is to let the little people know about the “FBIC”. The comment about it being ran by attorney’s is funny. Keep in mind if you complain to the insurance commission, they tell you to call your state legislatures and guess what most of them were before—–attorney’s. I can quote what the “FBIC” says all I want. The only good thing I’ve seen Erie do lately is hire Terrence Cavanaugh. The “FBIC” had the company that he came from as the best company to get insurance. Hopefully, he’ll bring the strategy to Erie.
Always glad to put what the “FBIC” is saying out there. Anyone who wants to know how the “FBIC” rates your carrier, just google it. By the way, have any of you upset people fought with the “FBIC” and won. I doubt it. If so, give me the case number, I would love to read it.
Per the FBIC: Insurance attorneys know that Insurers most frequently attempt to deny claims for any reason they can. Furthermore, when an Insurer acknowledges that a claim or lawsuit is covered by the insurance policy, it most often attempts to underpay a claim.
Site should have a direct link to various public adjuster firms since so many of the big bad insurance companies seem to be in biz just to rip people off.
You’ve got it wrong. The “FBIC” gives the 50 best good faith companies, too. Erie is just on the bad faith insurance list according to the “FBIC”. Anyone who wants to form an opinion just pull the web sight up. It’s not mine. I just know Jeffrey Ludrof, the former CEO, lied to the insurance commission on paper and I can prove it. You can’t argue that one. Just ask all the Katrina victims what they think of the insurance companies that covered them in Louisiana. I’m sure they were oh so kind to them. I know one adjuster that quit the insurance company he worked for because he couldn’t take what the company he worked for was doing to the victims. So, until you’ve been there done that–get out from behind your insurance desk and try and help people. Again, google “FBIC” and see where your carrier is rated with them. You might be surprised.
I help plenty of people from behind my desk! I help lots of people when I am not working!
Greg I am sorry you got burned by Erie. Here in PA I would have gone straight to the Insurance Dept. if Erie tried to burn me on a claim. The PA Insurance Department stands behind the insured and the law. You do not want to be answering to the PA Ins. Dept., that is for sure.
If you believe the FBIC about most companies being in the business to scam people, you are mistaken.
Listen there is one Insurance Company I hate to bits – it is Allsnake. They make me wanna throw up = their stupid ads, now those are complete lies, good hands, good grief. Allsnake never got a chance to rip me off — I knew too much about them not paying claims, lousy employment practices, etc etc.
I hope you can get things squared away with yourself and Erie, I really do. Good luck.
You seem like a pretty fair person. And Your right, allsnake is listed as much worse on the “FBIC” list. But don’t think that the FBIC is all about slamming insurance companies. They speak highly of several. Chubb is one of the best according to the FBIC. I appreciate your comment because you seem to have a fair opinion. I’m glad Erie has treated you well. Good for you. I’m at least glad that Erie hired the COO from Chubb. Maybe things will get better. Again, I appreciate your comment and good luck with your policy.
Their net loss was $680 per second, $40,791 per minute, $58,739,726 per day.
Keep that in mind if you reference the prior IJ articles about CEO compensation, severance and bonuses… Shareholders need to demand more accountability.
I have experienced several problems with Erie Insurance. According to FBIC they are rated at #24 out of 100 as worst company to get insurance. Google “FBIC” and see for yourself. They also list the good insurance companies. If you have a problem with your current insurance company they give state by state laws on what you are allowed to do against your insurance company. Insurance companies are state regulated. Google “FBIC” and find out what your rights are and what you can do.
Learn to walk the walk!
OK Greg, we get it. You hate Erie. Every post from you is about Erie.
Get over it, move on, it’s getting old.
Don’t know what they did to you, and we frankly don’t care.
That is 3 straight quarters losing over $5 Billion. From their financial report, it looks like their insurance biz is doing just fine, posting a 90 combined. They made $1.4B writing P&C insurance, and an additional $2.6 on the L&H side.
Too bad they didn’t stick to insurance.
Thanks Greg for promoting our website on here…we like the press. We beat Geico, and now we are focusing on others. What do i know? I am just a caveman…
Subject line says it all.
If you don’t like what people say, then don’t read it. Obviously, you do care because you did read the comment. Furthermore, I’m getting my job accomplished by getting people like you to read the comments. So, I will continue on. Thanks for reading my comment. By the way, do you know what the “FBIC” is? If not, look it up and see what they’re about. Also, don’t be afraid to identify yourself (full name)— I did. Again, until you read about the FBIC and understand what bad faith insurance companies do to people, shut the ? up. What interesting comment have you posted besides what you don’t want to hear from others? I’d love to look at it. By the way, I will continue on—Sorry “Ok that’s enough”.
Apparently not everyone shares the same sentiment about Erie. Feel free to Google the JD Powers Survey where Erie was voted #1 for customer satisfaction for auto in U.S.
Not sure what any of this (yes, including my post) has to do with AIG or the story. . .
Greg,
I’ve worked very hard in life not to be reduced to other people’s level, or to call them one-track idiots, but you are pushing it very close to the edge.
You’re comment accomplished NOTHING, at least not with me, other than to prove you don’t have any real power to effect change so you are reduced to post everywhere to settle a personal battle.
My full name is irrelevant at this point – that will be made clear another day. Until that time, just keep saying what you’re saying – when one hears the same drum beat over and over, eventually the sound is no longer heard.
Oh and to tell some one to “shut up” is just simply proof of lack of training. At least be creative in how you try to silence YOUR critics.
Ok that’s enough. Don’t be afraid to post your real name. You must not have insurance with Erie or any of it’s affiliates. Please let me know and don’t lie. If you do, you better hope you don’t have a claim. And by the way, after what they have tried to pull on me—– It’s never enough. So, I’ll see ya on the internet as long as you keep reading. I’m glad people are actually reading the comments whether that like them or not. If you don’t like it, switch your insurance to Erie, have a claim then email me back. Too, I don’t care whether you like it or not— We live in the USA. I’m sure Erie doesn’t like the bad publicity. After you look at the “FBIC” which has nothing to do with me and see what they say about Erie then make your comment and also attach what the FBIC says about Erie. I’m loving freedom of speech on the internet. I will continue on, because I know you won’t forget the name Erie and I bet your insurance is with someone else.
Which Plaintiff Attorney Group set up this site?
Hey Pat,
The beauty of the internet is getting the word out. Obviously, it works. I’ve got your attention. Now, Jeffrey A. Ludrof just up and quit Erie without having a replacement overnight. Why would a CEO do that to Erie? Do you even know what the “FBIC” is? They’re an unbiased group that speaks the truth. I’m just one example of what they are talking about. And you ask what does this have to do with the AIG story? I got you as a reader. Now do you understand”
Greg,
Actually, I was with Erie and did have a claim – no problems. I moved my coverage for a whole other reason.
My bet is with Ludrof gone you will see some changes. I never cared for him as a person (yes, I knew him). He came from the claims background and saw it as a challenge to figure out how to torture the policy. It wasn’t that way when Milne was in charge.
A lot of it comes down to the agent. Erie has a bad habbit of appointing agents that know one thing – life insurance (except in NY where they don’t sell it). Agents don’t know enough to question the claims adjuster.
Don’t misunderstand my comments as disagreement, it’s just getting real old. Send letters, call your congressman, anything, just comment about the story – not your personal problems.
Even free speech can get you sued if you propagate it enough (but you should be ok as long as you stay within the realm of truth). It’s called a SLAPP suit. They don’t have to win, just cost you a lot of money.
Greg & O.K.,
Actually, your duel is becoming quite entertaining. I don’t know who or what the FBIC is but I do know about B.O.H.I.C.A.; be prepared, it’s coming our way!
Why do I suddenly feel like I am in a sandbox?
Greg – Your hatred of the Erie Insurance Group is astounding. Most people ignore what they detest. The more you post about Erie, the more you are showing you don’t have a clue what you are talking about. For starters, Ludrof was forced out. If you followed the true history of the company, you’d know that. As to why Erie is hard to buy insurance from…they are a preferred auto/home insurance carrier. They want the best of the best. They consistently win high grades from every rating service in existence. Agreeing with Mr. Okay, there was a rough ride when Ludrof was at the helm. Even now, things are rapidly improving. Why this is improving is because Tom Hagen returned as Chairman of the Board…and among the most successful run in company history is when he ran the company before. I’ve been in the independent agency system for nearly 25 years, combining current with prior positions, I have represented at least 20 different insurance carriers. I can state there are a lot of good companies out there, and I can also state that Erie is one of the very best.
Pat,
I figured you had some sort of relations with Erie. I appreciate your honosty. Now, I’m not afraid of a slap suit. The word I’m putting out is I want people to look at the “FBIC”. Have you heard of the term “Let’s dry them out”. I’m not saying anything that is not true. I did beat Erie in court already and of course, they appealed. I’m going all the way with this because they are wrong. I even got Jeff in a lie to the Tn. insurance commission and have the proof. I wished I knew of the FBIC before buying insurance. I’m simply putting on the internet what the “FBIC” is stating. They’ve gather the information, not me. There is no law against that. I’ve always have said the FBIC says they’re a bad faith insurance company and they say buy at your own greatest risk when you buy from them. So, pull that webb sight up and see for yourself. After you look at that webb sight, tell me where they have Erie rated and what number. They have them listed at number 24 in the hall of shame as of yesterday.
Since when is ANY group that promotes their agenda “unbiased”?
I checked the website.
Yeah…this is good. Lawyers rating insurance companies.
Thanks, Greg! That’s the best laugh I’ve had all day.
You missed the point.
Then look it up!
Well now that I’ve gotten all you people to hear about the “FBIC” I’ll go to another webb sight and do my thing. My ultimate goal is to let the little people know about the “FBIC”. The comment about it being ran by attorney’s is funny. Keep in mind if you complain to the insurance commission, they tell you to call your state legislatures and guess what most of them were before—–attorney’s. I can quote what the “FBIC” says all I want. The only good thing I’ve seen Erie do lately is hire Terrence Cavanaugh. The “FBIC” had the company that he came from as the best company to get insurance. Hopefully, he’ll bring the strategy to Erie.
Yo Hank….
Your very welcome caveman,
Always glad to put what the “FBIC” is saying out there. Anyone who wants to know how the “FBIC” rates your carrier, just google it. By the way, have any of you upset people fought with the “FBIC” and won. I doubt it. If so, give me the case number, I would love to read it.
Yours truly
Per the FBIC: Insurance attorneys know that Insurers most frequently attempt to deny claims for any reason they can. Furthermore, when an Insurer acknowledges that a claim or lawsuit is covered by the insurance policy, it most often attempts to underpay a claim.
Site should have a direct link to various public adjuster firms since so many of the big bad insurance companies seem to be in biz just to rip people off.
You’ve got it wrong. The “FBIC” gives the 50 best good faith companies, too. Erie is just on the bad faith insurance list according to the “FBIC”. Anyone who wants to form an opinion just pull the web sight up. It’s not mine. I just know Jeffrey Ludrof, the former CEO, lied to the insurance commission on paper and I can prove it. You can’t argue that one. Just ask all the Katrina victims what they think of the insurance companies that covered them in Louisiana. I’m sure they were oh so kind to them. I know one adjuster that quit the insurance company he worked for because he couldn’t take what the company he worked for was doing to the victims. So, until you’ve been there done that–get out from behind your insurance desk and try and help people. Again, google “FBIC” and see where your carrier is rated with them. You might be surprised.
WEB SITE GREG! WEB SITE!
I help plenty of people from behind my desk! I help lots of people when I am not working!
Greg I am sorry you got burned by Erie. Here in PA I would have gone straight to the Insurance Dept. if Erie tried to burn me on a claim. The PA Insurance Department stands behind the insured and the law. You do not want to be answering to the PA Ins. Dept., that is for sure.
If you believe the FBIC about most companies being in the business to scam people, you are mistaken.
Listen there is one Insurance Company I hate to bits – it is Allsnake. They make me wanna throw up = their stupid ads, now those are complete lies, good hands, good grief. Allsnake never got a chance to rip me off — I knew too much about them not paying claims, lousy employment practices, etc etc.
I hope you can get things squared away with yourself and Erie, I really do. Good luck.
No not Web site. “FBIC” It’s funny that you get so mad about the truth.
You seem like a pretty fair person. And Your right, allsnake is listed as much worse on the “FBIC” list. But don’t think that the FBIC is all about slamming insurance companies. They speak highly of several. Chubb is one of the best according to the FBIC. I appreciate your comment because you seem to have a fair opinion. I’m glad Erie has treated you well. Good for you. I’m at least glad that Erie hired the COO from Chubb. Maybe things will get better. Again, I appreciate your comment and good luck with your policy.