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Website: http://www.auto-owners.com Auto-Owners offers customers automotive insurance, life insurance, home insurance and business insurance. It has over 4.9 million policies sold by over 37,500 independent agents. Auto-Owners Insurance is comprised of five property and casualty companies and one life/health/annuity insurer, the group is recognized for exceptional financial strength and stability among the nation's largest insurers. Auto-Owners Insurance Company Among the leading property and casualty insurers in the U.S., this mutual insurance company is represented by approximately 37,000 agents in more than 6,200 agencies and is the Group's largest insurer. Auto-Owners Life Insurance Company Netting over 42,000 applications per year, with $18.9 billion of life insurance in force in 2008. Owners Insurance Company This stock company is the second largest property and casualty insurer in the Group and operates in 25 of the 26 states in the Auto-Owners regional market. Home-Owners Insurance Company This property and casualty stock company writes business in Michigan and Ohio. Property-Owners Insurance Company This stock insurer writes property and casualty products in Indiana and Michigan. Southern-Owners Insurance Company A stock insurer writing property and casualty products in Florida. History Founded by Vern V. Moulton in 1916, who organized Auto-Owners Insurance Company in Mt. Pleasant, MI. The new company had no capital and was housed in one room of a bank building. Auto-Owners operated in Mt. Pleasant for a little less than a year. In 1917, V.V. Moulton literally picked the Company up, placed it under his arm and in his pocket (the Company consisted of one book of policyholders' names and $174.25 in assets), and moved Auto-Owners to Lansing, MI. The company wrote insurance exclusively in Michigan from 1916 until 1935 before expanding to neighboring states. After only offering auto insurance, the company began selling property insurance in 1940. Updated April 7, 2010 |