Shelter Insurance

{{Short description|American mutual insurance company}} {{Infobox company | name = Shelter Insurance | logo = ShelterInsuranceLogo.jpg | logo_size = 90px | type = Mutual | industry = {{ubl|Insurance|Finance}} | predecessor = MFA Mutual Insurance Company | foundation = {{Start date|1946}} | location_city = Columbia, Missouri | area_served = {{hlist| Arkansas|Colorado|Iowa|Illinois|Indiana|Kansas|Kentucky|Louisiana|Mississippi|Missouri|Nebraska|Nevada|Ohio|Oklahoma|Tennessee}} | key_people = Rockne Corbin, President and CEO | products = '''Auto''' * Private Passenger Auto * Commercial Auto * Motorcycle * Recreational Vehicle '''Property''' * Homeowners * Mobile Homeowners * Farmowners * Dwelling Fire * Farm Fire * Apartment Owners * Personal Inland Marine * Boatowners '''Liability''' * Personal Umbrella * General Liability * Comprehensive Farm Liability '''Business''' * Business Owners * Commercial Fire * Commercial Inland Marine * Cargo '''Life''' | services = {{ubl|Insurance|Finance}} | assets = {{ubl|{{nowrap|{{increase}}US$4,340,202,000 (2014)}}|{{nowrap|{{increase}}US$4,066,984,000 (2013)}}|{{increase}}US$3,909,298,000 (2012)|{{increase}}US$3,705,787,000 (2011)|{{increase}}US$3,638,301,000 (2010)|{{increase}}US$3,457,048,000 (2009)|{{decrease}}US$3,298,968,000 (2008)|US$3,326,688,000 (2007)}} | num_employees = {{ubl|{{increase}}3,881 (2014)|{{increase}}3,807 (2013)|{{increase}}3,752 (2012)|{{increase}}3,747 (2011)|{{increase}}3,655 (2010)|{{increase}}3,583 (2009)|{{increase}}3,559 (2008)|3,096 (2007)}} | subsid = {{ubl|{{nowrap|Shelter Mutual Insurance Company}}|{{nowrap|Shelter General Insurance Company}}|{{nowrap|Shelter Life Insurance Company}}|{{nowrap|Shelter Reinsurance Company}}|{{nowrap|Haulers Insurance Company, Inc.}}|{{nowrap|Shelter Financial Corporation}}|<s>Shelter Financial Bank</s>|{{nowrap|Shelter Financial Services, Inc.}}|{{nowrap|Shelter Benefits Management Inc.}}|{{nowrap|Shelter Enterprises, LLC}}|{{nowrap|Daniel Boone Agency, LLC}}|{{nowrap|AmShield Insurance Company}}|{{nowrap|Say Insurance}}}} | footnotes = {{cite web | url=https://www.shelterinsurance.com/media/shelterinsurance/contentassets/documents/2014_AnnualReport_lores.pdf | title=Shelter Insurance Companies 2014 Annual Report | publisher=Shelter Insurance Companies | access-date=April 2, 2015}} | location_country = USA | homepage = {{URL|ShelterInsurance.com}} }}

'''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 its 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.<ref name=shelterhist>{{cite web | url=https://www.shelterinsurance.com/aboutshelter/companyhistory/ | title=Company History | publisher=Shelter Insurance Companies | access-date=January 17, 2013 | archive-url=https://web.archive.org/web/20130320104953/https://www.shelterinsurance.com/aboutshelter/companyhistory/ | archive-date=March 20, 2013 | url-status=live }}</ref> In 1981, the name was changed to ''Shelter Insurance Companies'', following MFA's popular slogan: “MFA is your Shield of Shelter.”<ref name=shelterhist/> Since its founding, the company's corporate office has remained in Columbia. The Shelter Insurance Gardens are located adjacent to the corporate office in Columbia.<ref>{{cite web | url=https://www.shelterinsurance.com/aboutshelter/sheltergardens/ | title=Shelter Gardens | publisher=Shelter Insurance Companies | access-date=January 17, 2013 | archive-url=https://web.archive.org/web/20130320105001/https://www.shelterinsurance.com/aboutshelter/sheltergardens/ | archive-date=March 20, 2013 | url-status=live }}</ref>

== Closing of Shelter Financial Bank == On September 7, 2012,<ref>{{cite web |last1=Bruce |first1=Mackenzie |title=Shelter Financial Bank sets March closing date |url=https://www.columbiamissourian.com/news/shelter-financial-bank-sets-march-closing-date/article_f466b12d-051d-5ff2-b128-cdf770743937.html |website=Columbia Missourian |access-date=March 15, 2025 |location=Columbia, Missouri |language=English |format=Web |date=February 28, 2013 }}</ref> 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.<ref>{{cite web | url=https://www.shelterinsurance.com/aboutshelter/news/2012/shelterbanktoclose.html | title=Shelter Bank to close | publisher=Shelter Insurance Companies | date=September 7, 2012 | access-date=January 17, 2013 | archive-url=https://web.archive.org/web/20140629194653/https://www.shelterinsurance.com/aboutshelter/news/2012/shelterbanktoclose.html | archive-date=June 29, 2014 | url-status=live }}</ref><ref>{{cite web | url=http://legalnewsline.com/in-the-spotlight/238624-dodd-frank-cited-as-reason-for-healthy-community-bank-closure | title=Dodd-Frank cited as reason for healthy community bank closure | publisher=Legal Newsline Legal Journal | date=January 8, 2013 | access-date=January 17, 2013 | archive-url=https://web.archive.org/web/20130116063433/http://legalnewsline.com/in-the-spotlight/238624-dodd-frank-cited-as-reason-for-healthy-community-bank-closure | archive-date=January 16, 2013 | url-status=live }}</ref><ref>{{cite web | url=http://www.insurancenetworking.com/news/regulatory-burdens-promt-insurer-to-give-up-banking-31633-1.html | title=Regulatory Burdens Prompt Insurer to Give Up on Banking | publisher=Insurance Networking News | date=January 7, 2013 | access-date=January 17, 2013 | archive-url=https://web.archive.org/web/20140825045922/http://www.insurancenetworking.com/news/regulatory-burdens-promt-insurer-to-give-up-banking-31633-1.html | archive-date=August 25, 2014 | url-status=live }}</ref>

==References== {{Reflist}}

Category:Financial services companies established in 1946 Category:American companies established in 1946 Category:1946 establishments in Missouri Category:Reinsurance companies Category:Companies based in Columbia, Missouri Category:Mutual insurance companies of the United States