(Erie, Pa.) Dec. 17, 2012 - In the wake of the devastation of Hurricane Sandy, Erie Insurance is donating $100,000 to the American Red Cross to assist victims of the storm. The donation will be divided among Red Cross chapters in ERIE's footprint most impacted by the storm including chapters in Maryland, New York, and Pennsylvania.
"There is always a great need that follows catastrophes of this magnitude and the Red Cross is the go-to resource for shelter, food, and other assistance," said ERIE President and CEO Terry Cavanaugh. "We hope our contribution will help in the ongoing effort to rebuild lives and restore communities."
The donation will be divided as follows:
Since 2000, Erie Insurance has partnered with the American Red Cross through the Erie Insurance Serving Together Volunteer Network to volunteer in times of need and assist in disaster preparedness education. In addition to the corporate donation, the company will match donations from ERIE employees dollar for dollar up to $5,000.
According to A.M. Best Company, Erie Insurance Group, based in Erie, Pennsylvania, is the 15th largest homeowners insurer and 12th largest automobile 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 nearly 4.5 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. ERIE is one of only 50 U.S. companies so named. Erie Insurance is also recognized on the list of Ward's 50 Group of top performing insurance companies, which analyzes the financial performance of 3,000 property and casualty companies and recognizes the top performers for achieving outstanding results in safety, consistency and financial performance over a five-year period (2007-2011).
News releases and more information about Erie Insurance Group are available at www.erieinsurance.com.
Leah Knapp, Erie Insurance