Auto-Owners Moves Up In Fortune 500 Listing
LANSING, Mich., June 3, 2014 /PRNewswire/ -- Auto-Owners Insurance Company, a multi-line property/casualty and life insurer, is listed at No. 428 on the annual Fortune 500 list of America's largest corporations, up 15 spots from a year ago. The new ranking makes Auto-Owners the 17th largest Michigan-based business on the Fortune 500 list.
This is the 12th straight year Auto-Owners has appeared in the Fortune 500 list. The company had $6.062 billion in revenue for 2013.
"Making the Fortune 500 list again is a significant honor for Auto-Owners and our associates," said Auto-Owners Insurance Company Chairman and CEO Jeff Harrold. "Being ranked among the top 500 companies in America is an important distinction in which we take pride. Thanks to our outstanding staff and the work of 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 10 groups to be rated A++ by A.M. Best, a nationally recognized rating agency for insurance companies.
Auto-Owners employs more than 4,200 associates and writes more than 5.1 million property/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