Shelter Insurance
 | |
| Company type | Mutual |
|---|---|
| Industry | Insurance & Finance |
| Founded | 1946 |
| Headquarters | Columbia, Missouri, USA |
Key people | Rick Means, President & CEO |
Number of employees | 2,000 |
| Website | www.ShelterInsurance.com |
Shelter Insurance Company is a mutual insurance company which focuses on Auto, Life, Home, Business, and Farm coverage. 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 M.F.A. Insurance. 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. The company's headquarters remained in Columbia. The Shelter Insurance Gardens are located at the company headquarters in Columbia.
The Shelter Insurance family of companies includes:
- Shelter Mutual Insurance Company
- Shelter General Insurance Company
- Shelter Life Insurance Company
- Daniel Boone Underwriters, LLC
- Shelter Enterprises, LLC
- Shelter Reinsurance Company
- Shelter Financial Services, Inc.
- Shelter Financial Corporation
- Shelter Benefits Management Inc.
Shelter Financial Bank
States where Shelter Insurance operates
Arkansas, Colorado, Iowa, Illinois, Indiana, Kansas, Kentucky, Louisiana, Mississippi, Missouri, Nebraska, Nevada, Oklahoma, Tennessee
Lines of Insurance actively sold
- Apartment Owners
- Automobile
- Boatowners
- Business
- Commercial Fire
- Dwelling
- Farm Fire
- Farm Liability
- Farmowners
- General Liability
- Homeowners
- Inland Marine
- Life
- Personal Umbrella
Closing of Shelter Financial Bank
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. [1][2][3]
External links
References
- ^ "Shelter Bank to close". Shelter Insurance Companies. September 7, 2012. Retrieved January 17, 2013.
- ^ "Dodd-Frank cited as reason for healthy community bank closure". Legal Newsline Legal Journal. January 8, 2013. Retrieved January 17, 2013.
- ^ "Regulatory Burdens Prompt Insurer to Give Up on Banking". Insurance Networking News. January 7, 2013. Retrieved January 17, 2013.