Auto-Owners Moves Up in FORTUNE 500 List for 2010

LANSING, Mich., April 19 /PRNewswire/ -- Auto-Owners Insurance Company, a multi-line property-casualty and life insurer, moved up 58 spots to No. 418 on the annual FORTUNE 500 list of America's largest corporations. The new ranking makes Auto-Owners the 16th largest Michigan-based company on the FORTUNE 500 list.

With $5.017 billion in revenue for 2009, Auto-Owners remained the second largest property-casualty mutual insurance company in the nation. This is the eighth straight year Auto-Owners has appeared in the FORTUNE 500 list.

"Ascending the ranks as a FORTUNE 500 company is a tribute to the people of Auto-Owners, their commitment to excellence and providing our policyholders with the best customer service in the industry," said Auto-Owners Insurance Company Chairman & CEO Ron Simon. "The strength and value of our company comes from our associates living up to our core values; from our independent agents and our relationships with them; and from our focus on a safe, sound, secure investment policy."

Auto-Owners Insurance Company has earned some of the industry's highest rankings for its exceptional financial strength and stability. Auto-Owners Insurance Group is one of only 10 groups of insurance companies to be rated A++ by A.M. Best, a nationally recognized rating agency for insurance companies.

Auto-Owners employs more than 3,600 associates and writes more than 4.9 million policies annually, in 26 states, exclusively through local Independent Agents. Auto-Owners was founded in 1916 and is headquartered in Lansing, Michigan.

~ SERVING OUR POLICYHOLDERS AND AGENTS FOR MORE THAN 90 YEARS ~

WWW.AUTO-OWNERS.COM

SOURCE Auto-Owners Insurance Company

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED