Auto-Owners Holds Steady In Fortune 500 Listing

By a News Reporter-Staff News Editor at Insurance Weekly News -- Auto-Owners Insurance Company, a multi-line property and casualty and life insurer, is listed at No. 398 on the annual Fortune 500 list of America's largest corporations, the same position it was ranked a year ago. The ranking makes Auto-Owners the 15th largest Michigan-based business on the Fortune 500 list.

This is the 15th straight year Auto-Owners has appeared in the Fortune 500 list, and it continues at its highest ranking ever. The company had $6.775 billion in revenue for 2016.

"Auto-Owners is honored to receive this prestigious recognition for the 15th straight year," said Auto-Owners Insurance Company Chairman and CEO Jeff Harrold. "Our continued ranking among the top 500 companies in America is a significant achievement for Auto-Owners and our associates. Thanks to our outstanding staff working with our independent agents, we continue to provide excellent customer service while being one of the best providers of insurance products and services in the business."

Auto-Owners has earned some of the industry's highest rankings for its exceptional financial strength and stability. Auto-Owners' property and casualty companies are one of only 12 groups to be rated A++ by A.M. Best, a nationally recognized rating agency for insurance companies.

Auto-Owners employs 4,700 associates and writes more than 5.2 million property and casualty and life policies annually in 26 states, exclusively through local independent agents. Auto-Owners was founded in 1916 and is headquartered in Lansing, Michigan.

SOURCE Auto-Owners Insurance Company

https://rt.prnewswire.com/rt.gif?NewsItemId=DE17343&Transmission_Id=201706141530PR_NEWS_USPR_____DE17343&DateId=20170614

Keywords for this news article include: Insurance Companies, Auto-Owners Insurance Company.

Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2017, NewsRx LLC