Date: July 16, 2010
To: ERIE Employees and Agents
From: Terry Cavanaugh
President & CEO
Re: ERIE Named In 2010 Ward’s 50 Top Performing Insurance Companies
I’m pleased to announce that ERIE has been named to the 2010 Ward’s 50 top performing insurance companies. Ward Group is a leading provider of benchmarking and best practices services for the insurance industry. This is the third consecutive year that ERIE has been named to the Ward’s 50.
Each year, The Ward Group analyzes the financial performance of more than 3,000 U.S.-based property-casualty insurances and identifies the top performers. According to the Ward Group, the 50 best companies excel at balancing financial safety, consistency and performance over a five-year period.
The recognition is significant third-party acknowledgement of ERIE’s consistent focus on managing costs and efficient day to day operations. The Ward’s 50 designation identifies ERIE as a financially strong company with the ability to grow while maintaining strong capital positions and underwriting results. To achieve this growth, we will continue to enhance the way we manage our relationship with our strong agency producers.
Thank you for your contributions to this achievement and keep up the good work. By remaining committed to our Above All in SERVICE philosophy we achieve preeminence in execution and operating results.
Terrence W. Cavanaugh / President & CEO / 814.870.2270