Erie Insurance News

Erie Indemnity Posts $160M Profit for Full-Year 2012

Erie Indemnity Company, the managing company for Erie Insurance, posted 2012 fourth-quarter earnings of $30 million, up 15 percent from earnings of $26 million in the fourth quarter of 2011. Operating income was $29 million in the fourth quarter, up …

Erie Insurance Names IT Senior Vice President in Pennsylvania

Erie Insurance appointed Keith Kennedy as senior vice president for strategic and integrated services with the company’s Information Technology division. Kennedy’s responsibilities include overseeing the IT project portfolio, enterprise architecture, information security, and quality and performance testing. Kennedy has been …

Penn. Man Faces Jail Term for Setting House Fire for Insurance

A western Pennsylvania man faces up to 16 years in prison when he’s sentenced in April for setting his house on fire for the insurance money. Forty-four-year-old John Albert Picardi, of Kittanning, acknowledged putting a sheet over a basement heater …

Erie Insurance in Pennsylvania Announces 3 Officer Promotions

Erie, Pennsylvania-based Erie Insurance announced three officer appointments. Richard Burt has been promoted to executive vice president of product. In this role, Burt will oversee Erie’s three business lines – personal, commercial and life insurance. He joined the company in …

GE Executive Joins Erie Insurance as New Chief Investment Officer

Erie, Penn.-based Erie Insurance Group appointed Brad Postema as senior vice president and chief investment officer.In his new role, Postema will be responsible for the investment strategies of Erie Insurance Exchange, its underwriting subsidiaries and Erie Indemnity Company.