Investor Relations News
Erie Indemnity to host second quarter 2016 conference call and webcast (View Webcast)
Erie, Pa. - June 28, 2016 - Erie Indemnity Company (NASDAQ: ERIE) will host an audio webcast with the financial community to discuss financial results for the second quarter 2016 on Friday, July 29th, at 10 a.m. Eastern Time. Erie Indemnity will issue a press release reporting its results after the close of the market on Thursday, July 28th.
Erie Insurance Names Timothy G. NeCastro President and CEO-Designate
Erie, Pa. - June 1, 2016 - The Board of Directors of Erie Indemnity Company (NASDAQ: ERIE), the managing company for Erie Insurance, has named Timothy G. NeCastro its president and CEO-designate effective today. He will succeed current President & CEO Terrence W. Cavanaugh, who joined Erie Insurance in 2008 and previously announced his retirement for later this year.
Information about Erie Insurance
Erie Indemnity Company (“Indemnity”) (NASDAQ: ERIE) is a Fortune 500 company providing sales, underwriting and administrative services to Erie Insurance Exchange (the “Exchange”), a reciprocal insurance exchange. Through December 31, 2010, Indemnity operated as a property and casualty insurer through its three wholly-owned insurance subsidiaries. On December 31, 2010, Indemnity sold all of the outstanding capital stock of its three wholly-owned subsidiaries to the Exchange.
Erie Family Life Insurance Company (“EFL”) is an affiliated life insurance company that underwrites and sells nonparticipating individual and group life insurance policies and fixed annuities. On March 31, 2011, Indemnity sold its minority ownership interest in EFL to the Exchange. Since then, EFL has been a wholly-owned subsidiary of the Exchange.
All property and casualty and life insurance operations are now owned by the Exchange, and Indemnity continues to function as the management company. Indemnity, the Exchange, and the subsidiaries and affiliates of the Exchange, operate collectively as the “Erie Insurance Group” (The ERIE®).
With a network of independent Agents in 12 states and the District of Columbia, The ERIE seeks to insure standard and preferred risks, primarily in private passenger auto, homeowners and small commercial lines, including workers' compensation.
Read more about the history, progress and management of Erie Indemnity Company: