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Erie Second-Quarter Net Income Rises While Policies in Force Decline
Insurance President and Chief Executive Officer Tim NeCastro said recently. He said AI can save money, improve quality and reduce risk but stressed that it wasn't adopted to ...
Source: BestWire   Date: July 31, 2026
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Erie Executive: Insurance Industry Is Steadfast, Reliable as a Career Path
Following is an edited transcript of the interview. View the video version of this interview here. Q: Mentorship is a key topic of discussion here at the convention. It's also a ...
Source: BestWire   Date: June 18, 2026
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Erie CEO: AI Not Intended to Replace Company Employees
Executive Officer Tim NeCastro. AI can save money, improve quality and reduce risk, he said on an earnings video, but "to be clear, this is not about replacing people." In claims, ...
Source: BestWire   Date: April 24, 2026
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Erie Indemnity's Fourth-Quarter Net Income Drops by Half After Starting Charitable Foundation
Executive Officer Tim NeCastro will retire on Dec. 31, after 30 years with the company, including 10 years as CEO (BestWire, Feb. 20, 2026). Operating entities of Erie Insurance ...
Source: BestWire   Date: February 24, 2026
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Erie Insurance President-CEO Announces Retirement; Search Underway for Successor
Erie Insurance President and Chief Executive Officer Tim NeCastro will retire on Dec. 31, after 30 years with the company, including 10 years as CEO. The board of directors will ...
Source: BestWire   Date: February 20, 2026
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AM Best Downgrades Credit Ratings of Erie Insurance Group's Members; Affirms Credit Ratings of Erie Family Life Insurance Company
Erie Insurance Group (Erie). The outlook of these Credit Ratings (ratings) has been revised to stable from negative. Additionally, AM Best has affirmed the FSR of A (Excellent) and ...
Source: BestWire   Date: September 5, 2025
AM Best Downgrades Credit Ratings of Erie Insurance Group’s Members; Affirms Credit Ratings of Erie Family Life Insurance Company
Erie Insurance Group (Erie). The outlook of these Credit Ratings (ratings) has been revised to stable from negative. Additionally, AM Best has affirmed the FSR of A (Excellent) and ...
Source: Press Releases   Date: September 5, 2025
Best's Credit Rating Notification - Erie Insurance Exchange
AM Best has made the following rating update: Company: Erie Insurance Exchange AMB #: 000348 Current Best's Credit Ratings: Best's Financial Strength Rating (FSR): A FSR Action: ...
Source: Rating Actions   Date: September 5, 2025
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Second Insurer, Philadelphia Cos., Reports Network Outage; Erie Conducts Cyber Investigation
Philadelphia Insurance said in a statement. Policyholders could initiate claims via phone. The message was posted days after Erie Insurance notified policyholders of a network ...
Source: BestWire   Date: June 11, 2025
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Erie Partially Reopens Policyholder Access as Network Outage Continues
Erie noticed the outage on June 8. At that time customers couldn't file first notice of loss, access online accounts or connect with customer service (BestWire, June 9, 2025). Most ...
Source: BestWire   Date: June 10, 2025
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Network Outage Affects All Erie Insurance Systems
The notice remained active on June 9. The company did not immediately respond to a request for comment. Erie Indemnity Co.'s net income increased in the quarter to $138.4 million ...
Source: BestWire   Date: June 9, 2025
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Aon: Late April Storms With 4-Inch Hail Inflict More Large Industry Losses
Aon said in a catastrophe report. Assessments were ongoing in hail-battered areas of Williamson County, Texas, and could go higher from the April 17-20 and April 21-23 severe ...
Source: BestWire   Date: April 28, 2025
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Erie Insurance CEO: March Storm Losses Top Hurricane Helene's; Net Income Still Rises
Hurricane Helene, Erie Indemnity Co. President and Chief Executive Officer Tim NeCastro said during a first-quarter earnings webcast. The entire industry is feeling the effects of ...
Source: BestWire   Date: April 25, 2025
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Erie Indemnity 4Q Net Income Rises to $152 Million, Boosted by Higher Operating Income
Shares of Erie Indemnity Co. (NASDAQ: ERIE) traded on the afternoon of Feb. 28 at $428.07, up 5.70% from the previous close. (By Renée Kiriluk-Hill, senior associate editor, ...
Source: BestWire   Date: February 28, 2025
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Erie Indemnity Third-Quarter Net Income Rises to $159.8 Million
Erie Insurance Exchange policyholders. Thanks to the clear language of its pollution exclusion clauses, Erie Insurance Exchange does not have to defend or indemnify a gas station ...
Source: BestWire   Date: November 1, 2024
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AM Best Revises Outlooks to Negative for Erie Insurance Group’s Members; Affirms Credit Ratings of Erie Family Life Insurance Company
Erie Insurance Group (Erie). Additionally, AM Best has affirmed the FSR of A (Excellent) and the Long-Term ICR of "a" (Excellent) of Erie Family Life Insurance Company (EFL). The ...
Source: Press Releases   Date: August 8, 2024
Best's Credit Rating Notification - Erie Insurance Exchange
AM Best has made the following rating update: Company: Erie Insurance Exchange AMB #: 000348 Current Best's Credit Ratings: Best's Financial Strength Rating (FSR): A+ FSR Action: ...
Source: Rating Actions   Date: August 8, 2024
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AM Best Revises Outlooks to Negative for Erie Insurance Group's Members; Affirms Credit Ratings of Erie Family Life Insurance Company
Erie Insurance Group (Erie). Additionally, AM Best has affirmed the FSR of A (Excellent) and the Long-Term ICR of "a" (Excellent) of Erie Family Life Insurance Company (EFL). The ...
Source: BestWire   Date: August 8, 2024
Appeals Court Says Erie Correctly Applied Pollution Exclusion to Leaking Gas Tank Claim
Kentucky 22nd Circuit Court. The case began in October 2019, when the Kentucky Division of Waste received complaints about petroleum odors around the Lane Allen Food Mart, a ...
Source: BestWire   Date: July 23, 2024
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Insurers Suing Norfolk Southern to Recoup Derailment Losses
East Palestine, Ohio, according to documents filed at the U.S. District Court for the Northern District of Ohio. The civil suit, filed by Erie Insurance Co., Erie Insurance ...
Source: BestWire   Date: June 28, 2024
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