Erie Insurance said June 17 it continues to recover from a cybersecurity incident that led to a network outage first detected on June 7, impacting systems across its operations. The incident disrupted internal systems and online platforms, prompting immediate protective measures and a full-scale response involving cybersecurity experts and law enforcement. The company initially discovered […]
Erie Insurance Establishes $100 Million Charitable Foundation
Erie Insurance announced the creation of the Erie Insurance Foundation, a private charitable foundation that will create long-term sustainability for charitable contributions and grantmaking. To launch the initiative and seed the foundation’s endowment, Erie Indemnity Company, the management company for Erie Insurance, is donating $100 million. Consolidating many of the company’s charitable giving funds and […]
Erie Insurance Survey Says 14% of Americans Have Fallen Asleep While Driving
Sleep deprived drivers are turning America’s roadways into danger zones with potentially costly consequences. A new survey sponsored by Erie Insurance found that 14% of Americans have admitted to falling asleep at the wheel, a recipe for solo crashes and multi-vehicle collisions. This alarming statistic is magnified by ERIE data that indicates a steady increase […]
Heather McMahon Joins Collision Repair Education Foundation Board of Trustees
The Collision Repair Education Foundation (CREF) announced Heather McMahon, Vice President of Material Damage, Corporate Claims for Erie Insurance, joined its Board of Trustees. “The Foundation is delighted to have Heather join our Board of Trustees,” says CREF Executive Director Brandon Eckenrode. “Her industry experience and her passion for promoting education will certainly be a […]
Pennsylvania Collision Repair Facility Owner Charged with Submitting $426,000 in Inflated Insurance Claims
The Bucks County District Attorney office has charged the owner of the Chalfont Collision Center, located in Chalfont, Pa., who is alleged to have submitted nearly 300 false insurance claims over several years to four insurance companies, pocketing more than $426,000 in payouts. John Paul Reis, 56, of Newtown Township, turned himself in yesterday on […]
Erie Insurance Launches Venture Capital Fund
Erie Insurance today announced the establishment of Erie Strategic Ventures, a venture capital fund to support visionary entrepreneurs. The fund is part of the company’s commitment to supporting entrepreneurship and delivering innovative products, services and experiences to its customers and network of independent agents. Erie is the 13th largest private passenger auto insurer in the […]
Collision Repair Education Foundation Thanks Insurance Industry for Support of Critical Resources to Schools Impacted by COVID-19
The Collision Repair Education Foundation (CREF) publicly thanked the insurance industry for rallying behind it during a time when raising funds is extremely difficult. Six extremely generous insurance organizations have stepped in to offer their support, donating funds that can help CREF make good on its mission of connecting the next generation of collision repairers […]
Erie and AAA Groups Announce Auto Insurance Customer Discounts
More auto insurers announced customer discount and rebate programs as traffic volume and claims declined dramatically due to stay-at-home orders. Erie Insurance announced it will provide $200 million in dividends directly to personal and commercial auto insurance customers in the 12 states and the District of Columbia where the company does business. This immediate relief […]
Erie Insurance Names New Executive Leadership
On Friday, Erie Insurance announced that Lorianne Feltz, will serve as executive vice president of Services. In this role Feltz is responsible for leading Erie Insurance’s Corporate Claims, Field Claims and Customer Service divisions. Feltz has developed deep connections with employees, agents and customers in expansive roles during her 27 years with ERIE. Past positions […]
Erie Insurance Names NeCastro President and CEO-Designate
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. He will succeed current President & CEO Terrence W. Cavanaugh, who joined Erie Insurance in 2008 and previously announced his retirement for later this year. “We followed a thorough and deliberate […]