Outside Erie

Several companies with important Erie ties are getting battered on Wall Street today as the stock market reacts to news of severe financial troubles at American International Group, Lehman Brothers, and Merrill Lynch.
General Electric Co. — a staple in Erie stock portfolios — is down more than 5 percent midday.
National City Corp. is down nearly […]

The fact that Erie Indemnity Co. went outside of the family in hiring its new chief executive officer is a big deal.
When I covered the company, it was very clear from every corner that it was a “promote from within” culture.
The arrival of Terrence W. Cavanaugh and the departures of longtime execs such […]

Erie Insurance Group is not a company that is built on rapid change.
The company — like the industry it works in — is at its best when the waters are calm.
That’s why many of us who care about Erie’s economy will be watching Erie Insurance Group closely during the coming months to see how it […]