Erie Insurance announced that President and CEO Tim NeCastro will retire effective December 31, 2026, concluding a 30-year tenure that included a decade leading the company. The board has initiated a search for his successor to maintain operational stability through the leadership transition.

Under NeCastro’s leadership since 2016, Erie Insurance expanded premiums from under $10 billion to nearly $13 billion and grew policies in force to over 7 million. He oversaw market entry into Kentucky in 2014 and guided the company through its 100th anniversary in 2025 while sustaining strong financial performance.

The board of directors will conduct a deliberate CEO search, leveraging the extended timeline to secure a leader aligned with Erie’s service-first values. NeCastro will remain CEO through year-end and then serve as president of the Erie Insurance Foundation to support community and charitable initiatives.