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Erie Indemnity Company Reports Election Of Directors









ERIE, Pa., April 17, 2012 /PRNewswire/ -- The shareholders of Erie Indemnity Company (NASDAQ: ERIE) at their annual meeting on April 17, 2012, reelected all 13 incumbent Directors to the Company's Board of Directors for a one-year term. The persons elected to the Board (and their tenure on the Board) are:

  • J. Ralph Borneman Jr., President and Chief Executive Officer and Chairman of the Board of Body-Borneman Insurance & Financial Services, LLC. (Director since 1992)
  • Terrence W. Cavanaugh, President and Chief Executive Officer of Erie Indemnity Company and related companies (Director since 2008)
  • Jonathan Hirt Hagen, Vice Chairman, Custom Group Industries (Director since 2005)
  • Susan Hirt Hagen, Co-trustee of H.O. Hirt Trusts (Director since 1980)
  • Thomas B. Hagen, Chairman of the Board of Erie Indemnity Company; Chairman/Owner of Custom Group Industries; and general partner of the Hagen Family Limited Partnership (Director since 2007; previous Board service 1979-1998)
  • C. Scott Hartz, Chief Executive Officer, Hartz Group; and former CEO of PwC Consulting (Director since 2003)
  • Dr. Claude C. Lilly III, Dean, College of Business & Behavioral Science, Clemson University (Director since 2000)
  • Lucian L. Morrison, Independent trustee and consultant in trust, estate, probate and qualified plan matters  (Director since 2006)
  • Thomas W. Palmer, Member and Managing Partner of the law firm of Marshall & Melhorn, LLC (Director since 2006)
  • Martin P. Sheffield, Owner, Sheffield Consulting, LLC, insurance consultants (Director since 2010)
  • Richard L. Stover, Managing Principal, Birchmere Capital, L.P., private equity fund (Director since 2010)
  • Elizabeth Hirt Vorsheck, Co-trustee of H.O. Hirt Trusts (Director since 2007)
  • Dr. Robert C. Wilburn, Distinguished Service Professor and Director, Heinz College, Carnegie Mellon University, Washington, D.C. (Director since 1999)

According to A.M. Best Company, Erie Insurance Group, based in Erie, Pennsylvania, is the 12th largest automobile and 14th largest homeowners insurer in the United States based on direct premiums written and the 20th largest property/casualty insurer in the United States based on total lines net premium written. The Group, rated A+ (Superior) by A.M. Best Company, has over 4.3 million policies in force and operates in 11 states and the District of Columbia. Erie Insurance Group is a FORTUNE 500 company. Erie Insurance is proud to be named a J.D. Power and Associates' 2012 Customer Service Champion and is one of only 50 U.S. companies so named. Erie Insurance has also been recognized on the list of Ward's 50 Group of top performing insurance companies. The Ward's 50 award analyzes the financial performance of 3,000 property and casualty companies and nearly 800 life and health insurance companies and recognizes the top performers for achieving outstanding financial results in safety and consistency over a five-year period (2006-2010).

News releases and more information about Erie Insurance Group are available at www.erieinsurance.com.

(Logo: https://photos.prnewswire.com/prn/20041112/ERIELOGO )

SOURCE Erie Indemnity Company

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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