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June 2011
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A.M. Best Company has affirmed the financial strength rating for Auto-Owners Insurance Group

 

A.M. Best Company has affirmed the financial strength rating for Auto-Owners Insurance Group of A++ (Superior), A.M. Best’s highest rating available.  Also affirmed is Auto-Owners Life Insurance Company’s rating of A+ (Superior).  All companies within the group also received a “stable” outlook.

In their press release, A.M. Best based the rating on “Auto-Owners Insurance Company’s superior capitalization, trend of solid operating income, experienced management team, commercial and personal product offerings, and long-standing agency relationships.  In addition, the group possesses strong risk management techniques and a well-established market position.”

Regarding the Life Company, A.M. Best stated “the rating of Auto-Owners Life reflects its integral role as the life member of the Auto-Owners group of companies, favorable level of risk-adjusted capitalization, recent trends of increased life and annuity premiums and consistent trend of operating income, particularly in its ordinary life line of business.”

This is Auto Owner’s 95th year in operation, and The Turner Agency is proud to represent them in the areas of personal lines, commercial lines, and life and health.

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