Auto-Owners Insurance
TypeMutual (main company)
IndustryFinance and Insurance
FoundedJuly 1, 1916[1]
FounderVern V. Moulton
HeadquartersMichigan,
Lansing, Michigan
,
US
Number of locations
6,299 agencies
Area served
Alabama, Arizona, Arkansas, Colorado, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Michigan, Minnesota, Missouri, Nebraska, North Carolina, North Dakota, Ohio, Pennsylvania, South Carolina, South Dakota, Tennessee, Utah, Virginia and Wisconsin[2]
Key people
Jamie Whisnant (CEO)
ServicesInsurance
RevenueUS $10 billion (2021 Annual Report)
US $1.3 billion (2021 Annual Report)
Total assetsUS $32.5 billion (2021 Annual Report)
Number of employees
5,394 (2019)
DivisionsInsurance; mutual funds
SubsidiariesSee Auto-Owners Insurance Group Companies below.
Websitewww.auto-owners.com

Auto-Owners Insurance Group is a mutual insurance company that provides life, home, car and business insurance. Their policies are sold exclusively through local and independent insurance agents within their 26 operating states.[3]

History

In 1916, Vern V. Moulton and four other associates organized Auto-Owners Insurance Company in Mount Pleasant, Michigan. In 1917, the company moved its headquarters to Lansing, Michigan. Here, the home office has remained.[4]

Auto-Owners began writing insurance in Indiana, its first state outside of Michigan, in 1935. They now offer insurance in 26 states through local, independent insurance agents.[4]

The company has been a member of the Fortune 500 since 2003.[5] In 2020, Auto-Owners Insurance was listed at number 320.[5]

Auto-Owners Insurance Group Companies

  • Auto-Owners Insurance Company[3]
  • Auto-Owners Life Insurance Company[3]
  • Owners Insurance Company[3]
  • Home-Owners Insurance Company[3]
  • Property-Owners Insurance Company[3]
  • Southern-Owners Insurance Company[3]
  • Atlantic Casualty Insurance Company[6]
  • Concord Group Insurance Companies[7]
  • Capital Insurance Group[8]

References

  1. ↑ "Corporate Information". Auto-Owners Insurance Company. Retrieved August 30, 2010.
  2. ↑ "operating states". Auto-Owners Insurance Company. Retrieved August 30, 2010.
  3. 1 2 3 4 5 6 7 "Who We Are - Auto-Owners Insurance". www.auto-owners.com. Retrieved February 19, 2021.
  4. 1 2 "History - Auto-Owners Insurance". Auto-Owners.com. Retrieved February 19, 2021.
  5. 1 2 "Auto-Owners Insurance | 2020 Fortune 500". Fortune. Retrieved February 19, 2021.
  6. ↑ "Business Moves". Insurance Journal. October 5, 2015. Retrieved February 19, 2021.
  7. ↑ "Auto-Owners and Concord General Mutual Insurance Affiliation Approved". Insurance Journal. April 6, 2017. Retrieved February 19, 2021.
  8. ↑ Smith, Ryan. "Auto-Owners Insurance snaps up regional insurer". www.insurancebusinessmag.com. Retrieved February 19, 2021.
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