Erie-based Erie Insurance has once again been named one of the nation’s top performing insurance companies.
For the sixth year in a row, Erie County’s third largest employer has been named to the Ward Group’s list of the top 50 performing property and casualty companies.
The Ward Group analyzes the financial performance over more than 3,000 companies before naming top performers in safety, consistency and financial performance over a five-year period.
This year marks the 16th time Erie Insurance has made the Ward’s list since it was first published in 1991.
Terry Cavanaugh, the company’s chief executive, said the company’s inclusion in the list affirms its financial stability.
“Our customers believe in and have benefitted from Erie’s value proposition — superior coverage and service at a competitive price,” he said. “It’s why more than 90 percent of our customers stay with us year after year.”