Erie Insurance Group was founded in 1925 as an automobile insurance company. Annual policies in 1925 were $34. The company has continued to grow and is now licensed in 12 states. Erie Insurance Group is a multi-policy company offering home, life, automobile and commercial property insurance. The company sells through their 2,000 agencies and more than 10,000 licensed agents.
As of 2013, Erie Insurance Group had 4.9 million policies and had $6.2 billion in revenue in 2013. The company went public on the NASDAQ in 1995 and is still traded under the ticker symbol: ERIE. The company made its first debut on the Fortune 500 List in 2003 and has remained there ever since.