ERIE, Pa., July 16, 2014 /PRNewswire/ -- For seven
years in a row, Ward Group has named Erie Insurance to its Ward's
50 list of top performing property and casualty companies. Erie
Family Life Insurance was also named to this year's Life/Health
list, marking the second time the company has earned a spot on the
list. The Ward Group analyzes the financial performance of 3,000
property-casualty and life/health insurers before naming the top
performers in safety, consistency and financial performance over a
five-year period.
"We succeed thanks to our ability to maintain a solid balance
sheet and provide exceptional, award-winning customer service,"
said Terry Cavanaugh, president and
chief executive officer of Erie Insurance. "When you combine that
with our differentiating products and a relationship with our
independent insurance agents that is as strong as ever, you can see
why we're able to effectively and consistently deliver on our
customer promise of security and protection."
Ward Group is a consulting firm specializing in the insurance
industry and leading provider of industry benchmarking and best
practices services. This is the 17th time ERIE has been on the P&C list, published
annually since 1991.
According to A.M. Best Company, Erie Insurance Group, based in
Erie, Pennsylvania, is the 14th
largest homeowners insurer and 12th largest automobile insurer in
the United States based on direct
premiums written and the 18th 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 nearly 4.8 million policies in force and operates
in 11 states and the District of
Columbia. Erie Insurance Group is a FORTUNE 500 and Barron's
500 company. Erie Insurance is proud to have received the J.D.
Power award for "Highest in Customer Satisfaction with the Auto
Insurance Purchase Experience" two years in a row. 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).
News releases and more information about Erie Insurance Group
are available at www.erieinsurance.com.
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SOURCE Erie Insurance