Later bought by James Ross and Edward Yerger in 1892, the business has survived world wars, yellow fever epidemics and recessions. Historical documents kept by the company claim that Yerger sent his whole family out of town during one particular epidemic and ate charcoal as an antidote just so he could keep the office open.
Yerger’s sacrifices paid off, and today four generations of the Yerger family can chalk up successful careers at Ross & Yerger – Edward Yerger, Wirt Yerger Sr. Wirt Yerger Jr. and his sons, Frank and Wirt III.
The company has seen a lot of history in its day form the dawn of Big Steel to the days of the space race to the YouTube generation. As the full-line insurance agency approaches its 150th anniversary, it’s obvious that the same early dedication of James Ross and Edward Yerger continues to set the company apart even today.
In 2002, the producers and managers of the firm purchased the agency from the Yerger family, making it 100 percent employee-owned. Company officials say that in most years, 401(k) match contributions are made in the form of company stock that more than 65 percent of the agency ownership is within the Ross & Yerger Insurance Inc. ESOP plan.
As an independent insurance agency, Ross & Yerger is able to offer large and small clients a full range of risk-management and employee benefit plans and services from many major insurance carriers. The company’s record for retaining commercial clients is based not solely on providing coverage at a competitive premium, but on delivering a superior level of service, including evaluating the client’s program and identifying needs.
Representing many of the leading insurance carriers, Ross & Yerger provides in-depth knowledge of the available markets. It also bring objectivity and insight to the insurance and risk management process.
The company’s biggest challenge, officials say, revolves around the current economic conditions and the preceding credit crunch.
Agents play a vital role in the process – working with clients to protect their businesses and lives – and Ross & Yerger has pledged to carry the same confidence and strive for the same mutual respect that other professionals like CPAs and attorneys have with their clients.
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