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CER, however, is strictly about the consideration of environmental implications and protection within corporate strategy. The understanding of CER cannot be separated from CSR—both are interconnected and based on environmental protection. There are three major areas related to these two concepts—economic, environmental and social.
The Pennsylvania Insurance Department is a cabinet-level agency in Pennsylvania, United States. It was founded in 1873 and has several main functions, including: [2] To audit insurance companies' finances; Issue licenses to insurance industry individuals and companies; Regulate insurance policies and rates
Erie Insurance Group, based in Erie, Pennsylvania, is a property and casualty insurance company offering auto, home, business and life insurance through a network of independent insurance agents. As of 2021 [update] , Erie Insurance Group is ranked 347th on the 2021 Fortune 500 list of largest American corporations, based on total revenue for ...
Many companies believe that the implementation of environmental certification programmes can lead to an improved company image and generate competitive advantage. [3] This is usually achieved through the use of ecolabels which can be used on the company's products, allowing the product to stand out as being produced in an environmentally sound way.
In 2011 the company announced it would buy the financially troubled West Penn Allegheny Health System (WPAHS) for about $500 million, expanding from insurance into owning hospitals. [7] This began a period of conflict between Highmark and UPMC , which had expanded from hospitals into insurance, and caused difficulties for patients to access ...
The company expanded into all lines of property-casualty insurance, and now does business in eleven states (Pennsylvania, New Jersey, Delaware, Maryland, Virginia, North Carolina, South Carolina, Tennessee, and Alabama). [3]