LANSING, Mich., May 6, 2011 /PRNewswire/ -- Auto-Owners Insurance Company, a multi-line property and casualty and life insurer, is ranked number 425 on the annual Fortune 500 list of America's largest corporations. The company also is ranked among the 20 largest Michigan-based companies.
"Making the Fortune 500 list is a significant honor for all Auto-Owners associates," said Auto-Owners CEO Jeff Harrold. "Being ranked among the biggest and best-run companies in America is an important distinction in which we take pride."
Harrold continued, "Auto-Owners associates continue to enable us to be one of the finest providers of insurance and financial products and services in the business today. Our focus on providing exceptional customer service, along with a conservative approach to our own fiscal management, continues to serve as the foundation for our success."
With $5.395 billion in revenue for 2010, Auto-Owners remained the second largest property and casualty mutual insurance company in the U.S. This is the ninth straight year Auto-Owners has appeared in the Fortune 500 list.
About Auto-Owners Insurance Company. Safe. Sound. Secure.
Auto-Owners Insurance Company has earned the insurance 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 ranks 17th among the nation's largest insurers based on written premiums and is comprised of five property and casualty companies and a life company. Auto-Owners employs more than 3,800 associates and writes business in 26 states exclusively through independent insurance agents. Auto-Owners was founded in 1916 and is headquartered in Lansing, Michigan.
SOURCE Auto-Owners Insurance Company