Auto-Owners Insurance

American insurance company

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Auto-Owners Insurance

Company type| Mutual (main company)
Industry| Finance and Insurance
Founded| July 1, 1916[1]
Founder| Vern V. Moulton
Headquarters|

Lansing, Michigan

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)
Services| Insurance
Revenue| US $10 billion (2021 Annual Report)

Net income

| US $1.3 billion (2021 Annual Report)
Total assets| US $32.5 billion (2021 Annual Report)

Number of employees

| 5,394 (2019)
Divisions| Insurance; mutual funds
Subsidiaries| See Auto-Owners Insurance Group Companies below.
Website| www.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] They currently sponsor Martin Truex Jr. and Joe Gibbs Racing in the NASCAR Cup Series.

## History

[edit]

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 where 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

[edit]

* 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

[edit]

1. ^ "Corporate Information". Auto-Owners Insurance Company. Retrieved August 30, 2010.
2. ^ "operating states". Auto-Owners Insurance Company. Retrieved August 30, 2010.
3. ^ a b c d e f g "Who We Are - Auto-Owners Insurance". www.auto-owners.com. Retrieved February 19, 2021.
4. ^ a b "History - Auto-Owners Insurance". Auto-Owners.com. Retrieved February 19, 2021.
5. ^ a b "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.

## External links

[edit]

* Official website
* Auto-Owners Insurance Blog

Authority control databases

International|

* VIAF

National|

* United States