Erie, Pa. (June 10, 2015) – FORTUNE magazine has ranked Erie Insurance number 436 on the 2015 FORTUNE 500 list. The list ranks the largest American companies based on total revenue.
“After 90 years of business, our purpose remains giving customers the financial protection and superior service they deserve,” said President and CEO Terry Cavanaugh. “Our inclusion on the FORTUNE 500 shows that great service remains a powerful motivator for our people and a valued offering to consumers.”
Erie Insurance made its initial debut on the FORTUNE 500 list in 2003.
About Erie Insurance
According to A.M. Best Company, Erie Insurance Group, based in Erie, Pennsylvania, is the 11th largest homeowners insurer and 12th largest automobile insurer in the United States based on direct premiums written and the 16th largest property/casualty insurer in the United States based on total lines net premium written. The Group, rated A+ (Superior) by A.M. Best Company, has more than 5 million policies in force and operates in 12 states and the District of Columbia. Erie Insurance Group is a FORTUNE 500 and Barron’s 500 company. ERIE has also been recognized by Forbes as one of America's 50 Most Trustworthy Financial Companies and is on the list of Ward's 50 Group of top performing insurance companies, which analyzes the financial performance of 3,000 property and casualty companies and recognizes the top performers for achieving outstanding results in safety, consistency and financial performance over a five-year period (2009-2013).