Jun 09, 2015, 03:31 ET
LANSING, Mich., June 9, 2015 /PRNewswire/ -- Auto-Owners Insurance Company, a multi-line property/casualty and life insurer, is listed at No. 425 on the annual Fortune 500 list of America's largest corporations, up three spots from a year ago. The new ranking makes Auto-Owners the 18th largest Michigan-based business on the Fortune 500 list.
This is the 13th straight year Auto-Owners has appeared in the Fortune 500 list. The company had $6.337 billion in revenue for 2014.
"Auto-Owners is honored to receive this prestigious recognition for the 13th straight year," said Auto-Owners Insurance Company Chairman and CEO Jeff Harrold. "Our continued ranking among the top 500 companies in America underscores our core value of stability and consistency in our operations to achieve these results. 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 more than 4,400 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
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