Major Rating Factors:
Good liquidity (6.5 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (6.2) despite. The largest net exposure for one risk is high at 3.1% of capital. Stability strengths include good operational trends and excellent risk diversification. Fair reserve development (4.5) as reserves have generally been sufficient to cover claims.
Other Rating Factors:
Strong long-term capitalization index (7.2) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Weak profitability index (2.9) with operating losses during 2020, 2021, 2022, 2023 and the first six months of 2025. Average return on equity over the last five years has been poor at -12.9%.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (62.2%), fire (16.7%), other (21.2%)
Licensed in:
AR, CO, IA, IL, IN, KS, KY, LA, MO, MS, NE, NV, OH, OK, TN
Principal Investments:
Investment grade bonds (88.8%), common stock (5.4%), non investment grade bonds (0.2%), other (5.5%)
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
Largest Affiliates