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Article: Erie Insurance Company Assigned 'AApi' Rating by Standard & Poor's
- Article from:
- PR Newswire
- Article date:
- August 4, 1998
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NEW YORK, Aug. 4 /PRNewswire/ -- Standard & Poor's today assigned its double-'Api' insurer financial strength rating to Erie Insurance Co.
The company is licensed in 10 states. Erie Insurance's major line of business is private passenger auto liability, and it is a member of Erie Insurance Group, a large insurance group. The company commenced operations in 1973.
The company meets Standard & Poor's rating criteria for pool members, and therefore it is assigned the double-'Api' rating of qualifying members of the Erie Insurance Exchange Pool.
Ratings denoted with a 'pi' subscript are insurer financial strength ratings based on an ...