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Company Details

  FEDERATED RESERVE INSURANCE COMPANY License Status :
Active

NAIC Number :

16024


Phone Number:

5074555200


Company Address:

121 EAST PARK SQUARE 
OWATONNA, MN  55060

Description:

Property and Casualty


License Number:

B431650


Date Admitted:

2017-10-18


Market Share

Link to Supplemental Data Page

Year Line Market Share Direct Premium Written Direct Premium Earned Direct Losses Paid Direct Losses Incurred Loss Ratio
2023 Total Property & Casualty 0.08% $12,108,822 $10,219,059 $2,594,889 $5,840,986 57.16 %
2023 Total Fire & Allied Lines 0.28% $2,153,280 $1,415,965 $374,136 $487,220 34.41 %
2023 Commercial Fire & Allied Lines 0.67% $2,153,280 $1,415,965 $374,136 $487,220 34.41 %
2023 Inland Marine (Incl Auto Cargo) 0.06% $308,951 $284,855 $22,764 $28,489 10.00 %
2023 Earthquake 0.04% $59,993 $43,311 $0 $0 0.00 %
2023 Direct Workers Compensation 0.35% $3,723,185 $3,365,369 $1,068,278 $1,488,349 44.23 %
2023 Other Liability - Bodily Injury & Property Damage 0.12% $1,122,111 $1,034,636 $227,621 $183,044 17.69 %
2023 Products Liability 0.56% $276,269 $232,761 $0 $1,056,728 N/A
2023 Total Commercial Automobile 0.33% $3,382,971 $3,059,002 $886,329 $1,578,442 51.60 %
2023 Commercial Auto Liability Bodily Injury 0.44% $2,288,087 $2,106,833 $29,696 $545,508 25.89 %
2023 Commercial Auto Liability Property Damage 0.02% $29,406 $15,383 $352,245 $352,191 N/A
2023 Commercial Auto Medical Payments 0.04% $2,951 $2,529 $0 $0 0.00 %
2023 Commercial Auto Uninsured Motorists 0.05% $22,370 $20,080 $55,000 $149,061 N/A
2023 Commercial Auto Comprehensive 0.56% $670,385 $598,667 $325,238 $381,602 63.74 %
2023 Commercial Auto Collision 0.18% $369,772 $315,510 $124,150 $150,080 47.57 %
2023 Fidelity 0.04% $10,207 $16,745 $0 $-548 -3.27 %
2023 Burglary & Theft 0.05% $3,516 $4,223 $0 $-270 -6.39 %
2023 Boiler & Machinery 0.38% $173,232 $120,800 $15,761 $-4,206 -3.48 %
2023 Umbrella 0.87% $895,107 $641,392 $0 $1,023,738 N/A
2022 Total Property & Casualty 0.07% $10,064,921 $9,297,576 $1,397,033 $3,163,074 34.02 %
2022 Total Fire & Allied Lines 0.29% $1,390,951 $1,204,208 $69,265 $175,393 14.57 %
2022 Commercial Fire & Allied Lines 0.44% $1,390,951 $1,204,208 $69,265 $175,393 14.57 %
2022 Inland Marine (Incl Auto Cargo) 0.04% $230,523 $220,337 $137,840 $141,356 64.15 %
2022 Earthquake 0.05% $65,350 $45,745 $0 $0 0.00 %
2022 Direct Workers Compensation 0.33% $3,402,150 $3,283,530 $609,005 $1,652,887 50.34 %
2022 Other Liability - Bodily Injury & Property Damage 0.11% $911,076 $829,944 $63,044 $237,753 28.65 %
2022 Products Liability 0.47% $206,064 $208,876 $0 $9,593 4.59 %
2022 Total Commercial Automobile 0.30% $2,906,759 $2,675,195 $517,879 $741,499 27.72 %
2022 Commercial Auto Liability Bodily Injury 0.43% $2,056,015 $1,854,024 $33,551 $292,920 15.80 %
2022 Commercial Auto Liability Property Damage 0.01% $17,541 $17,856 $127,966 $65,983 N/A
2022 Commercial Auto Medical Payments 0.03% $1,837 $1,592 $0 $0 0.00 %
2022 Commercial Auto Uninsured Motorists 0.05% $20,514 $18,288 $0 $0 0.00 %
2022 Commercial Auto Comprehensive 0.45% $554,876 $531,492 $174,878 $193,078 36.33 %
2022 Commercial Auto Collision 0.14% $255,976 $251,943 $181,484 $189,518 75.22 %
2022 Fidelity 0.09% $23,200 $21,350 $0 $187 0.88 %
2022 Burglary & Theft 0.07% $4,906 $4,772 $0 $-113 -2.37 %
2022 Boiler & Machinery 0.28% $110,569 $96,136 $0 $28,612 29.76 %
2022 Umbrella 0.86% $813,373 $707,483 $0 $175,907 24.86 %
2021 Total Property & Casualty 0.06% $8,565,235 $7,803,257 $766,956 $2,691,209 34.49 %
2021 Total Fire & Allied Lines 0.20% $1,315,142 $1,232,919 $25,055 $66,223 5.37 %
2021 Commercial Fire & Allied Lines 0.39% $1,315,142 $1,232,919 $25,055 $66,223 5.37 %
2021 Inland Marine (Incl Auto Cargo) 0.05% $213,409 $183,366 $0 $2,511 1.37 %
2021 Earthquake 0.03% $44,194 $41,293 $0 $0 0.00 %
2021 Direct Workers Compensation 0.25% $2,396,316 $2,272,543 $376,958 $1,123,318 49.43 %
2021 Other Liability - Bodily Injury & Property Damage 0.11% $921,309 $804,295 $4,761 $421,181 52.37 %
2021 Products Liability 0.43% $176,752 $165,416 $117 $16,334 9.87 %
2021 Total Commercial Automobile 0.30% $2,691,261 $2,355,687 $360,065 $720,975 30.61 %
2021 Commercial Auto Liability Bodily Injury 0.41% $1,864,230 $1,656,127 $23,808 $291,487 17.60 %
2021 Commercial Auto Liability Property Damage 0.01% $18,463 $17,308 $139,213 $216,824 N/A
2021 Commercial Auto Medical Payments 0.02% $1,593 $2,668 $1,000 $17,386 N/A
2021 Commercial Auto Uninsured Motorists 0.06% $17,598 $15,575 $0 $0 0.00 %
2021 Commercial Auto Comprehensive 0.51% $523,196 $434,400 $84,790 $84,275 19.40 %
2021 Commercial Auto Collision 0.15% $266,181 $229,609 $111,254 $111,003 48.34 %
2021 Fidelity 0.10% $26,165 $24,790 $0 $1,890 7.62 %
2021 Burglary & Theft 0.08% $5,768 $5,495 $0 $571 10.39 %
2021 Boiler & Machinery 0.26% $99,336 $93,116 $0 $0 0.00 %
2021 Umbrella 0.85% $675,583 $624,337 $0 $338,206 54.17 %

Enforcements

The department has not taken enforcement action against this company in the past three years.

Link to Enforcements Page


Complaint Index

This company does not have any complaint information.

Link to Complaint Index Page

Company Changes

Effective Date: 10/18/2017

Comments: Effective 10/18/2017 this company was admitted as a property and casualty insurer with B1, B2, B3, B4 and B5 authority.


Market Conduct

This company does not have any market conduct exams or investigations.


Financial Exams

This company does not have any financial exams.