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New Erie Indemnity chairman elected; Thomas Hagen steps down
For the first time since 2006, someone other than Thomas B. Hagen will serve as chairman of Erie Indemnity Co., the management firm of Erie Insurance.
Jonathan Hirt Hagen, son of Thomas B. Hagen and the late Susan Hirt Hagen, has been elected by the board to serve as its new chairman.
The company's board of directors elected the 63-year-old Philadelphia man during an April 19 meeting and named Thomas Hagen, who is 90, to serve as chairman emeritus.
The elder Hagen, who led Erie Insurance as CEO from 1990 to 1993, was elected to replace former chairman F.W. Hirt, following his death.
Jonathan Hagen is not new to the leadership ranks at Erie's largest employer and the only Erie-based Fortune 500 company.
Erie Indemnity (ERIE) Q1 2026 Earnings Transcript
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Erie Indemnity Company (NASDAQ:ERIE) reported that improvement in underwriting profitability, especially reduced catastrophe and non-catastrophe losses, led to significant gains in its key performance metrics. Board leadership transitioned to Jonathan Hurtaggen, with Tom Hagen continuing in an advisory and committee leadership role, while technology modernization, digital quoting platforms, and expanded AI deployment remain top operational priorities. Management maintains a disciplined approach to capital allocation, having paid $68 million in dividends and reported stable surplus levels, while product rollouts in both personal and commercial lines are accelerating, with continued expansion of Erie Secure Auto and Business Auto 2.0 planned throughout the year.
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