SearcyLiving.com






SHELTER INSURANCE® REPORTS STRENGTH

[Columbia, Mo.] Shelter Insurance Companies announced that the Companies' financial outlook remains strong and stable despite challenges due to severe weather and the financial markets.

Shelter maintains a strong capital base, enhanced by conservatively invested bonds and common stocks. This capital strength allows the Companies to withstand market declines or catastrophe losses.

"As a mutual insurance company, our policyholders own the company," said David Moore, President and CEO of Shelter Insurance Companies. "We take our financial responsibilities to those owners very seriously. While Shelter Insurance® and our employees are not immune to these world-changing events, we are enjoying a position of financial strength that is the envy of almost all U.S. companies."

Shelter Insurance Companies have enjoyed continued growth as well as stability through the recent economic challenges. In addition to increasing the number of new policies issued, the Companies recently acquired another insurance company called Haulers Insurance Company Inc. "The acquisition is a wonderful addition to the Shelter family," Moore said. "Haulers Inc. brings experienced management, a robust distribution network and an excellent reputation to the Shelter family." Moore added that Haulers gives Shelter an avenue to spread risk of the Shelter group and opportunities for growth.


The Richard Cargile Agency in Searcy.


Shelter Bank® one subsidiary of Shelter Insurance Companies offers home and consumer loans as well as FDIC insured Certificates of Deposit and Money Market Accounts. Shelter Bank remains well capitalized by every regulatory definition and loan loss reserves as a percentage of problem loans remain many times stronger than that of other banking peers.

In addition to the stable financial outlook, Shelter Insurance Companies continue to focus on innovative ways for customers to do business with the Companies.

Shelter Insurance® is a financial group of companies with two direct personal lines property and casualty companies, a property and casualty reinsurer, a life and annuity insurer, a thrift bank, and other smaller financial entities. Shelter's direct business is written through 1,300 agents in 14 states and is supported by 1,800 employees.

Shelter Insurance Companies® Home Office is located at 1817 West Broadway, Columbia, MO 65218. Shelter is rated "A" Excellent by AM Best and Api by Standard & Poors.

For more information, visit their website at www.ShelterInsurance.com

Be sure and pick up a copy of Searcy Living filled with lots more stories and photos!

Go Back to SL2







Site Map
Advertising
Submissions
Contact Us
Our FAQ


© 2009 Shark Promotions. All rights reserved.