Erie Insurance Group 2632601 223862197 2008-07-06T05:38:19Z 24.93.192.250 {{Infobox_Company | company_name = Erie Insurance Group | company_logo = [[Image:EIGlogo.gif|Erie Insurance logo]] | company_type = Public ({{NASDAQ|ERIE}}) | foundation = [[1925]] | location = [[Erie, Pennsylvania]] {{flagicon|USA}} | key_people = John J. Brinling, Jr., [[Chief Executive Officer|CEO]] | num_employees = 4,400 | industry = Insurance | products = Property, Casualty and Life Insurance | revenue = {{profit}} [[US Dollar|$]]1,124,950,000 ([[2005]]) | homepage = [http://www.erieinsurance.com/ www.erieinsurance.com] }} '''Erie Insurance Group''', ({{NASDAQ|ERIE}}) is a multi-line [[insurance]] company, offering [[auto insurance|auto]], [[homeowners insurance|home]], commercial and [[life insurance]] through a network of independent insurance agents. ERIE’s geographic presence extends to 11 states and the [[District of Columbia]], including [[Illinois]], [[Indiana]], [[Maryland]], [[New York]], [[North Carolina]], [[Ohio]], [[Pennsylvania]], [[Tennessee]], [[Virginia]], [[West Virginia]] and [[Wisconsin]]. ==History== The Pennsylvania Insurance Department issued a license to the Erie Insurance Exchange as an [[auto insurance|automobile insurer]] in 1925 and operations began on April 20, 1925. Erie Insurance Exchange was formed as a reciprocal and Erie Indemnity Company was formed as its managing company. The annual premium charge per auto was $34. The founding purpose of the company was the same as it is today: "To provide our policyholders with as near perfect protection, as near perfect service as is humanly possible and to do so at the lowest possible cost." In 1940 the company added a new line—[[fire insurance]]— allowing independent agents to more fully depend on ERIE to fulfill the insurance needs of their customers. In September, 1967 the Erie Family Life Insurance Company was founded adding [[life insurance]] to the protection offered by ERIE Agents. ==CEOs== {| class="wikitable" |- !CEO !! Years Served |- | H.O. Hirt || 1925 – 1976 |- | F.W. Hirt || 1976 – 1990 |- | Thomas B. Hagen || 1990 – 1993 |- | John M. Petersen || 1993 – 1996 |- | Stephen A. Milne || 1996 – 2002 |- | Jeffrey A. Ludrof || 2002 – 2007 |- | John J. Brinling, Jr., Interim CEO || Present |} ==Executive Office== {| class="wikitable" |- !Executives !! Title |- | Michael Krahe || Executive Vice President - Human Development and Leadership |- | Philip Garcia || Executive Vice President - Chief Financial Officer |- | Thomas Morgan || Executive Vice President - Insurance Operations |- | James J. Tanous || Executive Vice President, Secretary and General Counsel |- | |} == By the Numbers== * ERIE has grown to include 4,400 employees and is represented by more than 7,000 professional independent ERIE agents from more than 1,750 agencies * The company has approximately 4.2 million policies in force Industry Rankings: * 23rd largest property casualty insurer in the United States based on total lines net premiums written * 15th largest property/casualty insurer in the United States * Second largest auto insurer in Pennsylvania * 425th largest U.S. corporate group, in terms of revenue, as ranked by Fortune magazine * 120th largest life insurance company based upon admitted assets Financial Stability: * Erie Insurance Group rated Superior by A.M. Best Company * Erie Family Life Insurance Company rated Excellent by A.M. Best [[Category:Insurance companies of the United States]] [[Category:Companies established in 1925]] [[Category:Erie, Pennsylvania]] {{insurance-company-stub}}