The Company is a holding company managing its business through its subsidiaries. It markets Commercial lines property casualty insurance, Personal lines property casualty insurance, Life insurance and Investments through insurance agencies in 32 states.
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Price beaten down by recent losses due to tornado damage claims. But they are conservative underwriters currently selling below book value with a long history of dividend growth. I am also an insurance customer, and they are KILLING me on my homeowners insurance due to two large claims recently, so from me alone they are making a thousand or so extra profit.