ALLCHOICE-Insurance-2014-Erie-Insurance-Named-To-50-Most-Trustworthy

Erie Insurance Tops 50 Most Trustworthy – 2014

ALLCHOICE INSURANCE CARRIER PARTNER, ERIE INSURANCE, NAMED ONE OF AMERICA’S 50 MOST TRUSTWORTHY FINANCIAL COMPANIES

 

ALLCHOICE-Insurance-2014-Erie-Insurance-Named-To-50-Most-TrustworthyForbes recently released its 2014 list of America’s “50 Most Trustworthy Financial Companies”!  The list, put together by GMI Ratings, reviews the accounting & corporate governance behaviors of over 8,000 publicly-traded companies in North America.  GMI considers a number of factors when analyzing the companies (including but not limited to):

  1. High Risk Events
  2. Revenue & Expense Recognition Methods
  3. SEC Actions
  4. Bankruptcy Risk

The aforementioned factors are used to make up the AGR (Aggressive Accounting & Governance Risk), which is the final composite score by which companies are ranked.

Thankfully, but no surprising, two of ALLCHOICE Insurance’s top carriers, Erie Insurance & Cincinnati Financial, received the best scores in both the large & mid cap segments (both had AGR’s of 99)

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