A.M. Best Co. Awards A++ Superior Rating to Auto-Owners Insurance Company

LANSING, Mich.</span>, May 26 /PRNewswire/ -- Lansing based Auto-Owners Insurance Company celebrates another A++ Superior rating by nationally recognized credit rating agency A.M. Best this past week.  Auto-Owners has earned A.M. Best's highest rating every year since 1972.

"The A.M. Best A++ Superior rating allows our customers to feel safe, secure and confident in our services, financial strength, and conservative financial management," said Ronald Simon, Auto-Owners' CEO. "This award demonstrates that even in uncertain economic times, our customers can be assured that their insurance company is on firm financial ground."

Additionally, the Auto-Owners Life Insurance Company was rated A+ (Superior) by A.M. Best, an honor it has earned every year since 1976.

Auto-Owners Insurance Group is one of only seventeen insurance groups in the U.S. to receive the highest rating possible, A++ Superior, by A.M. Best. In addition, Auto-Owners has been ranked on Forbes' Fortune 500 (#418 in 2010) list for eight consecutive years.

Auto-Owners has seen unprecedented growth in the past 10 years, expanding its service area to 26 states, increasing the number of policies to over 4.5 million and more than doubling its combined assets to $13.5 billion.  Auto-Owners currently employs over 3,700people nationwide.  Currently, Auto-Owners Insurance Company is the 17th largest P&C company based on premium in the U.S. The rating by A.M. Best Co. of Auto-Owners as A++ and stable is one indicator of future prominence and growth for the company.

SOURCE Auto-Owners Insurance Company