traded as nasdaq erie industry insurance founded 1925 headquarters erie pennsylvania united states key people timothy g. necastro products property casualty and life insurance revenue 6 271 000 000 1 2013 from 2012 operating income 162 000 000 1 2013 from 2012 net income 163 000 000 1 2013 from 2012 total assets 16 676 000 000 1 at 2013 12 31 from 2012 total equity 734 000 000 1 at 2013 12 31 from 2012 number of employees more than 4 500 website www.erieinsurance.com erie insurance is an american multi line insurance company offering auto home commercial and life insurance through a network of independent insurance agents . as of 2014 update erie insurance group is ranked among the 500 largest u.s. companies in terms of revenue by fortune magazine . 2 its geographic presence extends to 12 u.s. states and the district of columbia including illinois indiana kentucky maryland new york north carolina ohio pennsylvania tennessee virginia west virginia and wisconsin . it also owns the naming rights to the erie insurance arena in downtown erie pennsylvania . 3 contents 1 history 2 sales and marketing 3 ceos 4 references history edit the pennsylvania insurance department issued a license to the erie insurance exchange as an automobile insurer in 1925 and operations began on april 20 1925 . erie insurance exchange was formed as a reciprocal and erie indemnity company was formed as its managing company . the annual premium charge per auto was 34 . 4 important dates in company history 5 year event 1925 erie insurance opens for business 1928 the company opens its first office outside erie pa . in pittsburgh 1953 the company opens its first branch outside of pennsylvania in silver spring md. 1967 the erie family life insurance company is founded 1995 erie insurance is listed on nasdaq as erie 2003 the company is listed on the fortune 500 list citation needed sales and marketing edit erie insurance sells its products exclusively through a network of more than 2 000 independent agencies with more than 10 000 licensed agents . 6 in a february 2013 interview with the erie times news ceo terry cavanaugh reaffirmed the company s commitment to this distribution channel while acknowledging the importance of also enabling customers to pay bills and file claims online . 7 in may 2012 it was announced that erie insurance had purchased the naming rights to tullio arena in downtown erie pa . the arena was subsequently renamed erie insurance arena . 3 ceos edit ceo years served h.o. hirt 1925 1976 f.w. hirt 1976 1990 thomas b. hagen 1990 1993 john m. petersen 1993 1996 stephen a. milne 1996 2002 jeffrey a. ludrof 2002 2007 john j. brinling jr. interim 2007 2008 terrence w. cavanaugh 2008 2016 timothy g. necastro 2016 present references edit a b c d e erie indemnity company erie company financials . nasdaq . retrieved 2013 12 31 . fortune 500 erie insurance group . fortune magazine . retrieved 2014 10 03 . a b tullio arena to become erie insurance arena . erie times news . retrieved 2013 03 14 . one thin dime . erie insurance . retrieved 2013 03 14 . erie insurance historic timeline pdf . erie insurance . retrieved 2013 03 14 . erie insurance agents . erie insurance . retrieved 2013 03 14 . erie insurance positions for growth . erie times news . retrieved 2013 03 14 . coordinates 42 07 49 n 80 05 01 w 42.130373 n 80.083604 w 42.130373 ; 80.083604 retrieved from https en.wikipedia.org w index.php title erie insurance group & oldid 737399068 categories insurance companies of the united statescompanies established in 1925companies based in erie pennsylvanialife insurance companiescompanies listed on nasdaqhidden categories articles containing potentially dated statements from 2014all articles containing potentially dated statementsall articles with unsourced statementsarticles with unsourced statements from june 2016coordinates not on wikidata navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 2 september 2016 at 14 33 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view