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Auto-Owners Insurance

 
Hoover's Profile: Auto-Owners Insurance Group
Contact Information
Auto-Owners Insurance Group
6101 Anacapri Blvd.
Lansing, MI 48917
MI Tel. 517-323-1200
Fax 517-323-8796

Type: Private
On the web: http://www.auto-owners.com
Employees: 3,400
Employee growth: 0.0%

There's more to Auto-Owners Insurance Group than the name implies. In addition to auto coverage, the company provides a range of personal property/casualty and life insurance products including disability and annuities. Auto-Owners Insurance operates through its aptly named subsidiaries (including Auto-Owners Life Insurance, Home-Owners Insurance, and Property-Owners Insurance Company). Its Southern-Owners Insurance subsidiary offers property/casualty insurance in Florida. Auto-Owners Insurance also sells commercial auto, liability, and workers' compensation policies. Established in 1916, the company operates in 25 states nationwide and is represented by some 35,000 independent agents in about 6,000 agencies.

Key numbers for fiscal year ending December, 2008:
Sales: $4,950.5M
One year growth: 3.1%
Net income: $205.5M
Income growth: (56.0%)

Officers:
Chairman and CEO: Ron H. Simon
President: Workers' Compensation

Competitors:
AIG
MetLife
State Farm

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Wikipedia: Auto-Owners Insurance
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Auto-Owners Insurance is a Fortune 500 and has been every year since 2002. The was company founded in 1916 by Vernon Moulton in Mount Pleasant, Michigan. Today, it is headquartered in Delta Township, Michigan and has over 65 full service and claims branches nationwide. Although the name suggests only auto insurance is provided, it actually provides many lines of insurance including property, liability, auto, garage, workers compensation, and life.

Subsidiary Companies include: Auto-Owners Life Insurance Company, Home-Owners Insurance Company, Owners Insurance Company, Property-Owners Insurance Company, and Southern-Owners Insurance Company.

In 2009, Auto-Owners Insurance Co. announced that it will invest $105.3 million into expanding its Lansing headquarters and adding 800 new jobs.

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Hoover's Profile. ©2008 Hoover's, Inc. All rights reserved.  Read more
Wikipedia. This article is licensed under the Creative Commons Attribution/Share-Alike License. It uses material from the Wikipedia article "Auto-Owners Insurance" Read more