Company Details

  FEDERATED RESERVE INSURANCE COMPANY License Status :
Active

NAIC Number :

16024


Phone Number:

507-455-5200


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
2019 Total Property & Casualty 0.01% $2,652,934 $895,825 $77,099 $449,404 50.17 %
2019 Total Fire & Allied Lines 0.04% $445,548 $163,528 $21,277 $33,565 20.53 %
2019 Commercial Fire & Allied Lines 0.12% $445,548 $163,528 $21,277 $33,565 20.53 %
2019 Inland Marine (Incl Auto Cargo) 0.00% $49,656 $20,793 $0 $101 0.49 %
2019 Earthquake 0.00% $4,760 $1,244 $0 $0 0.00 %
2019 Direct Workers Compensation 0.02% $442,670 $136,641 $0 $46,130 33.76 %
2019 Other Liability - Bodily Injury & Property Damage 0.01% $220,393 $86,666 $0 $19,469 22.46 %
2019 Products Liability 0.08% $74,479 $31,288 $0 $8,704 27.82 %
2019 Total Commercial Automobile 0.06% $1,035,200 $333,853 $55,822 $265,554 79.54 %
2019 Commercial Auto Liability Bodily Injury 0.09% $760,680 $237,484 $200 $177,436 74.71 %
2019 Commercial Auto Liability Property Damage 0.01% $20,370 $5,703 $37,982 $63,569 N/A
2019 Commercial Auto Medical Payments 0.04% $7,751 $3,926 $0 $0 0.00 %
2019 Commercial Auto Uninsured Motorists 0.01% $6,432 $1,958 $0 $0 0.00 %
2019 Commercial Auto Comprehensive 0.08% $176,484 $61,569 $10,567 $11,484 18.65 %
2019 Commercial Auto Collision 0.02% $63,483 $23,213 $7,073 $13,065 56.28 %
2019 Fidelity 0.02% $12,877 $4,143 $0 $459 11.08 %
2019 Burglary & Theft 0.01% $1,770 $726 $0 $0 0.00 %
2019 Boiler & Machinery 0.05% $30,317 $13,421 $0 $0 0.00 %
2019 Umbrella 0.24% $335,264 $103,522 $0 $75,422 72.86 %
2018 Total Property & Casualty 0.00% $41,914 $1,808 $0 $261 14.44 %
2018 Total Fire & Allied Lines 0.00% $23,629 $985 $0 $79 8.02 %
2018 Commercial Fire & Allied Lines 0.01% $23,629 $985 $0 $79 8.02 %
2018 Inland Marine (Incl Auto Cargo) 0.00% $166 $7 $0 $0 0.00 %
2018 Other Liability - Bodily Injury & Property Damage 0.00% $6,757 $313 $0 $66 21.09 %
2018 Products Liability 0.00% $3,197 $163 $0 $43 26.38 %
2018 Total Commercial Automobile 0.00% $1,795 $74 $0 $20 27.03 %
2018 Commercial Auto Liability Bodily Injury 0.00% $1,785 $74 $0 $20 27.03 %
2018 Commercial Auto Uninsured Motorists 0.00% $10 $0 $0 $0 N/A
2018 Fidelity 0.00% $1,175 $49 $0 $7 14.29 %
2018 Burglary & Theft 0.00% $85 $4 $0 $0 0.00 %
2018 Boiler & Machinery 0.01% $3,403 $142 $0 $0 0.00 %
2018 Umbrella 0.00% $1,707 $71 $0 $46 64.79 %

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.