Dear Auto-Owners Agents and CSRs, I am pleased to inform you the A. M. Best Company has affirmed the financial strength rating for Auto-Owners Insurance Group (AOIG) of A++ (Superior), their highest rating available. This is our 42nd consecutive year of receiving their highest rating, something we should both be proud of and focused on to retain. Also affirmed was the Auto-Owners Life Insurance Company’s rating of A+ (Superior). All companies within the group also received a “stable” outlook. Their ratings reflect “Auto-Owners Insurance Group’s superior capitalization, historical trend of solid operating income, experienced management team, blend of personal and commercial product offerings and long standing agency relationships. In addition, the group has strong risk management techniques and a well-established market position. Regarding the Life Company, A. M. Best stated “The ratings of Auto-Owners Life Insurance Company reflect its integral role as the provider of life, health, and annuity products for AOIG, more than sufficient level of risk-adjusted capitalization and positive trend of operating gains in recent years.” While we felt fairly confident about the rating outcome going into these meetings, we did so due to the hard work and commitment of all our agents and associates over the past few years. There has been considerable work on all parts to help secure these ratings for this year. We will need to be equally as focused and committed going forward. We all must be committed to and participants in our Relentless Pursuit of Excellence. On behalf of our Leadership Team, I thank all agents and CSRs for their efforts to support our wonderful Company. Your contributions, confidence and support are invaluable. We are grateful for you all. Sincerely, Jeff Harrold, CPCU, CLU, ChFC Chairman & CEO
Posted on: Fri, 17 Jan 2014 20:30:01 +0000
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