Major Rating Factors:
Good overall results on stability tests (6.4 on a scale of 0 to 10) despite. Stability strengths include good operational trends and excellent risk diversification. The largest net exposure for one risk is conservative at 1.7% of capital. Strong long-term capitalization index (7.8) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. History of adequate reserve strength (6.9) as reserves have been consistently at an acceptable level.
Other Rating Factors:
Good liquidity (7.0) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Fair profitability index (3.7) with operating losses during 2024 and the first three months of 2025. Return on equity has been low, averaging 2.6% over the past five years.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
D - Limited diversification of general business, policy, and/or investment risk.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (94.3%), comm multi (3.4%), fire (2.1%), homeowners (0.2%)
Licensed in:
AL, AZ, GA, IA, IL, IN, KY, LA, MO, MS, NC, OH, OK, SC, TN, TX, VA, WV
Principal Investments:
Investment grade bonds (95.1%), cash (2.0%), real estate (1.0%), other (1.9%)
Corporate Info
Group Affiliation
Shelter Mutual Ins Co
Investment Rating
--
Company Address
1101 New Highway Seven
Columbia, TN 38401
Columbia, TN 38401
Phone Number
(931) 381-5406
NAIC Number
31550
Website
Largest Affiliates