Shelter Insurance

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Shelter Insurance
Type Mutual
Industry
Predecessors MFA Mutual Insurance Company
Founded 1946 (1946)
Headquarters Columbia, Missouri, USA
Area served
Key people Rick Means, President & CEO
Products

Auto

  • Private Passenger Auto
  • Commercial Auto
  • Motorcycle
  • Recreational Vehicle

Property

Liability

Business

Life
Services
Total assets
  • IncreaseUS$4,066,984,000 (2013)
  • IncreaseUS$3,909,298,000 (2012)
  • IncreaseUS$3,705,787,000 (2011)
  • IncreaseUS$3,638,301,000 (2010)
  • IncreaseUS$3,457,048,000 (2009)
  • DecreaseUS$3,298,968,000 (2008)
  • US$3,326,688,000 (2007)
Employees
  • Increase3,807 (2013)
  • Increase3,752 (2012)
  • Increase3,747 (2011)
  • Increase3,655 (2010)
  • Increase3,583 (2009)
  • Increase3,559 (2008)
  • 3,096 (2007)
Subsidiaries
  • Shelter Mutual Insurance Company
  • Shelter General Insurance Company
  • Shelter Life Insurance Company
  • Shelter Reinsurance Company
  • Haulers Insurance Company, Inc.
  • Shelter Financial Corporation
  • Shelter Financial Bank
  • Shelter Financial Services, Inc.
  • Shelter Benefits Management Inc.
  • Shelter Enterprises, LLC
  • Daniel Boone Agency, LLC
Website shelterinsurance.com
Footnotes / references
"Shelter Insurance Companies 2013 Annual Report". Shelter Insurance Companies. Retrieved August 27, 2014. 

Shelter Insurance Company is a mutual insurance company which focuses on Auto, Property, Business, and Life Insurance. It operates in fourteen U.S. states and the headquarters is in Columbia, Missouri.

Shelter was founded in 1946 as the insurance subsidiary of the Missouri Farmers Association (the same company as MFA Incorporated), and was called MFA Mutual Insurance Company.[1] The Shelter name came from the company's most famous slogan, "M.F.A is your Shield of Shelter". In 1981, the name was changed to Shelter Insurance Companies.[2] The company's headquarters remained in Columbia. The Shelter Insurance Gardens are located at the company headquarters in Columbia.[3]

Community Involvement[edit]

Closing of Shelter Financial Bank[edit]

In September 2012 Shelter announced the closure of Shelter Financial Bank. Though profitable, the announcement cited the additional costs associated with the Dodd–Frank Wall Street Reform and Consumer Protection Act as the primary reason for closure.[8][9][10]

References[edit]

  1. ^ "Company History". Shelter Insurance Companies. Retrieved January 17, 2013. 
  2. ^ "Company History". Shelter Insurance Companies. Retrieved January 17, 2013. 
  3. ^ "Shelter Gardens". Shelter Insurance Companies. Retrieved January 17, 2013. 
  4. ^ "Shelter Insurance Companies 2011 Annual Report". Shelter Insurance Companies. Retrieved March 29, 2013. 
  5. ^ "Shelter Insurance Benefits". Retrieved March 30, 2013. 
  6. ^ "Shelter Insurance Companies 2011 Annual Report". Shelter Insurance Companies. Retrieved March 29, 2013. 
  7. ^ "Shelter Insurance Companies 2011 Annual Report". Shelter Insurance Companies. Retrieved March 29, 2013. 
  8. ^ "Shelter Bank to close". Shelter Insurance Companies. September 7, 2012. Retrieved January 17, 2013. 
  9. ^ "Dodd-Frank cited as reason for healthy community bank closure". Legal Newsline Legal Journal. January 8, 2013. Retrieved January 17, 2013. 
  10. ^ "Regulatory Burdens Prompt Insurer to Give Up on Banking". Insurance Networking News. January 7, 2013. Retrieved January 17, 2013. 

External links[edit]

Coordinates: 38°57′13″N 92°21′59″W / 38.953669°N 92.366288°W / 38.953669; -92.366288