Auto-Owners
Auto-Owners Insurance is the largest property and casualty insurance company based in Michigan, with origins tracing back to 1916 when Vern V. Moulton established the company in Mt. Pleasant. Initially operating with minimal resources, the company was relocated to Lansing in 1917, where it began to grow despite economic challenges, including the Great Depression. During this period, Auto-Owners earned a reputation for financial stability by promptly paying all claims in cash. The company initially focused on automobile insurance but expanded into general casualty insurance in 1940. This growth necessitated the acquisition of multiple office spaces until, in 1951, Auto-Owners consolidated its operations into a single home office in downtown Lansing. Over the years, Auto-Owners has maintained a commitment to service and reliability, contributing to its status as a leading insurer in the region.
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2 past transactions
Capital Insurance Group
Acquisition in 2019
Capital Insurance Group Inc. is a regional provider of property and casualty insurance services, established in 1898 and headquartered in Monterey, California. The company offers a diverse range of insurance products, including personal lines such as home, auto, renter, and building owner insurance, as well as commercial and agricultural coverage. Capital Insurance Group serves customers through independent insurance agents and agencies across several states, including California, Nevada, Oregon, Washington, Idaho, Arizona, and New Mexico. As of 2019, it operates as a subsidiary of Auto-Owners Insurance Company, Inc., ensuring a strong foundation for delivering comprehensive insurance solutions and value to its clients.
Atlantic Casualty Insurance
Acquisition in 2015
Atlantic Casualty Insurance is a North Carolina based insurer founded in 1983 and headquartered in Goldsboro. It originated with Strickland Insurance Group to underwrite a substantial non-standard auto book, later refocusing to commercial lines. The company offers commercial general liability, commercial property, commercial package, inland marine, boiler and machinery, garage, and ocean marine programs, with distribution through managing general agencies. In 2016 it became part of Auto-Owners Insurance Group, a long‑standing carrier, under which Atlantic Casualty continues to provide specialized commercial coverages through its network.
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