Shelter Insurance

Last updated
Shelter Insurance
Company type Mutual
Industry
PredecessorMFA Mutual Insurance Company
Founded1946 (1946)
Headquarters,
USA
Area served
Key people
Rockne Corbin, President and CEO
Products Auto
  • Private Passenger Auto
  • Commercial Auto
  • Motorcycle
  • Recreational Vehicle

Property

Liability

Business

Life
Services
Total assets
  • Increase2.svgUS$4,340,202,000 (2014)
  • Increase2.svgUS$4,066,984,000 (2013)
  • Increase2.svgUS$3,909,298,000 (2012)
  • Increase2.svgUS$3,705,787,000 (2011)
  • Increase2.svgUS$3,638,301,000 (2010)
  • Increase2.svgUS$3,457,048,000 (2009)
  • Decrease2.svgUS$3,298,968,000 (2008)
  • US$3,326,688,000 (2007)
Number of employees
  • Increase2.svg3,881 (2014)
  • Increase2.svg3,807 (2013)
  • Increase2.svg3,752 (2012)
  • Increase2.svg3,747 (2011)
  • Increase2.svg3,655 (2010)
  • Increase2.svg3,583 (2009)
  • Increase2.svg3,559 (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
  • AmShield Insurance Company
  • Say Insurance
Website shelterinsurance.com
Footnotes /references
"Shelter Insurance Companies 2014 Annual Report" (PDF). Shelter Insurance Companies. Retrieved April 2, 2015.

Shelter Mutual Insurance Company is a mutual insurance company which focuses on auto, property, business, and life Insurance. It operates in fifteen U.S. states and it's corporate office is located in Columbia, Missouri.

Shelter was founded in 1946 as the insurance subsidiary of the Missouri Farmers Association, and was called MFA Mutual Insurance Company. [1] In 1981, the name was changed to Shelter Insurance Companies, following MFA's popular slogan: “MFA is your Shield of Shelter.” [1] Since it's founding, the company's corporate office has remained in Columbia. The Shelter Insurance Gardens are located adjacent to the corporate office in Columbia. [2]

Closing of Shelter Financial Bank

On September 7, 2012, [3] Shelter announced the nko 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. [4] [5] [6]

References

  1. 1 2 "Company History". Shelter Insurance Companies. Archived from the original on March 20, 2013. Retrieved January 17, 2013.
  2. "Shelter Gardens". Shelter Insurance Companies. Archived from the original on March 20, 2013. Retrieved January 17, 2013.
  3. Bruce, Mackenzie (February 28, 2013). "Shelter Financial Bank sets March closing date" (Web). Columbia Missourian. Columbia, Missouri: Columbia Missourian. Retrieved March 15, 2025.{{cite web}}: CS1 maint: url-status (link)
  4. "Shelter Bank to close". Shelter Insurance Companies. September 7, 2012. Archived from the original on June 29, 2014. Retrieved January 17, 2013.
  5. "Dodd-Frank cited as reason for healthy community bank closure". Legal Newsline Legal Journal. January 8, 2013. Archived from the original on January 16, 2013. Retrieved January 17, 2013.
  6. "Regulatory Burdens Prompt Insurer to Give Up on Banking". Insurance Networking News. January 7, 2013. Archived from the original on August 25, 2014. Retrieved January 17, 2013.

38°57′13″N92°21′59″W / 38.953669°N 92.366288°W / 38.953669; -92.366288