Major Rating Factors:
Fair long-term capitalization index (4.3 on a scale of 0 to 10) based on fair current risk adjusted capital (severe loss scenarios), although results have slipped from the excellent range during the last year. Fair reserve development (4.1) as reserves have generally been sufficient to cover claims. Good overall results on stability tests (5.4) despite excessive premium growth. The largest net exposure for one risk is high at 4.2% of capital. Stability strengths include good operational trends, excellent risk adjusted capital for prior years and excellent risk diversification.
Other Rating Factors:
Weak profitability index (2.2) with operating losses during 2021, 2022, 2023 and 2025. Vulnerable liquidity (2.6) as a spike in claims may stretch capacity.
Stability Factors:
L - Past results on our liquidity tests.
Principal Lines of Business:
Personal/comm auto (58.0%), fire (17.7%), other (24.3%)
Licensed in:
AR, CO, IA, IL, IN, KS, KY, LA, MO, MS, NE, NV, OH, OK, TN
Principal Investments:
Investment grade bonds (88.6%), common stock (5.0%), non investment grade bonds (0.2%), other (6.2%)
Corporate Info
Group Affiliation
Shelter Mutual Ins Co
Investment Rating
--
Company Address
1817 West Broadway
Columbia, MO 65218
Columbia, MO 65218
Phone Number
(573) 445-8441
NAIC Number
23361
Website
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