Erie Insurance News

Federal Court Won’t Intervene in Erie Insurance Tiff With Maryland Regulator

A federal appeals court has declined to intervene in state regulatory proceedings in Maryland involving allegations of redlining by Erie Insurance, despite Erie’s complaints that the regulator has already shown bias against it and is likely to do so again. …

Erie Strategic Ventures Backs Wagmo, Roots Automation, Trust & Will

Erie Strategic Ventures, the venture capital arm of Erie Insurance, has announced investments in three new portfolio companies: Wagmo, Roots Automation and Trust & Will. The three investments support startups operating in tech-enabled pet wellness and insurance, AI-powered insurance operations …

Erie Insurance Takes Its Case Against Maryland Regulator to Appeals Court

Erie Insurance Co. is taking its tiff with the Maryland insurance commissioner over the handling of discriminatory practices findings to federal appeals court. The insurer maintains that the Maryland Insurance Administration has not afforded it adequate opportunity to respond to …

Judge Tosses Erie Lawsuit Over Maryland’s Handling of Redlining Allegations

A federal judge has dismissed an Erie Insurance complaint over how the Maryland insurance regulator has been handling allegations that the insurer unfairly discriminated against communities served by Black insurance agents in the Baltimore area. On June 12, Judge Julie …

Judge Gives Erie Insurance, Maryland Regulator 60 Days to Resolve Rift Over Bias, Document Disclosure

A judge has given Erie Insurance and the Maryland insurance regulator 60 days to settle their differences related to allegations that the insurer unfairly discriminated against Black insurance agents in the Baltimore area and that the regulator acted arbitrarily and …

Court Dismisses 32 COVID-19 Business Insurance Cases Against Erie Insurance

A federal judge has dismissed 32 lawsuits over COVID-19 business interruption insurance claims against Erie Insurance, concluding the claimants failed to “plausibly plead” that they are entitled to coverage under their Erie policies. The ruling by U.S. District Judge Mark …

Court Dismisses 32 COVID-19 Business Insurance Cases Against Erie Insurance

A federal judge has dismissed 32 lawsuits over COVID-19 business interruption insurance claims against Erie Insurance, concluding the claimants failed to “plausibly plead” that they are entitled to coverage under their Erie policies. The ruling by U.S. District Judge Mark …

Auto-Owners, Erie, Cincinnati, Hartford, Hanover Tops in Agents’ Satisfaction: J.D. Power

Despite near constant disruption from the twin forces of digital transformation and economic uncertainty, independent insurance agents have never been more satisfied with their carrier partners. According to the J.D. Power 2022 U.S. Independent Agent Satisfaction Study, overall agent satisfaction …

Erie Insurance Launches Venture Capital Fund

Pennsylvania-based Erie Insurance has launched Erie Strategic Ventures to invest in innovations in risk avoidance, claims, underwriting, digital sales, agency productivity, and products and services for home, families and small businesses. Erie said the venture fund is stage and geography …

People Moves: Erie Insurance Names Srinivasa as Executive Vice President and CIO

Erie Insurance announced that Parthasarathy “Partha” Srinivasa has been named the company’s next executive vice president and chief information officer (CIO), effective April 4.Srinivasa comes to Erie from Verisk Analytics, one of the world’s largest data analytics firms with customers …