Name
Thomas Hagen
Thomas Hagen
Erie, Pennsylvania
Bachelor of Arts/Science, Ohio State University
United States
2
insurance
$4,100,000,000
804
2
#804 Billionaires 2019
#354 Forbes 400 2018
Thomas Hagen is chairman of Erie Indemnity and has been a part of the company for more than 40 years, including three years as CEO from 1990 to 1993.The publicly-traded insurance company was cofounded by his late wife Susan's father, H. O. Hirt, and his friend O. G. Crawford.Susan Hagen, who was Erie's longest serving director, died in June 2015 at age 79.Now the nation's 12th largest auto insurer and 10th largest home insurer, the firm began with a business plan scribbled in a 10-cent notebook in 1925.In 2017, he gifted $1.5 million to Mercyhurst University's history department, which subsequently took his name.
Hagen is a retired U.S. Navy Reserve Captain.Hagen served as Pennsylvania's Secretary of Commerce from 1995 to 1997.
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