With a workforce of around 2,600 individuals, the company conducts its operations across 48 states and maintains multiple service offices spread across the nation.
Federated Mutual Insurance Company History
During the 1890s, an association was formed by retail implement dealers in Minnesota, and it proved to be highly successful.
In 1904, these dealers decided to lower their insurance expenses by establishing their own insurance company.
Initially, the company went by the name of the Minnesota Implement Mutual Fire Insurance Company, a name it held for many years.
, it transformed into the Mutual Implement and Hardware Insurance Company, followed by the Federated Mutual Implement and Hardware Insurance Company, and eventually, it became (“Federated Mutual”).
On January 1, 1948, Federated Mutual ventured into the casualty insurance arena, becoming one of the early major insurance companies to offer both fire and casualty insurance.
In November 1949, they expanded their services to include accident and health coverage, offering group accident and health insurance for various trade associations and employer groups.
Additionally, in January 1959, Federated Life Insurance Company (or “Federated Life”) was established.
Federal Mutual Insuarance Products And Services
A compilation of the products and services provided by Federated Mutual Insurance Company.
- Commercial property and casualty insurance
- Life and disability insurance
- Risk management and loss prevention resources
- Workers compensation insurance
- Estate planning and financial services
Federated Mutual once offered group health insurance, but ceased this offering at the end of 2017.
Frequently Asked Questions
Who is the CEO of Federated Insurance?
How do I contact Federated Insurance Company of Canada?
To discover the Informative and beneficial aspects of the MN Insurance Company in this article.
For further exploration of various reinsurance subjects, you can check out my other articles on this blog
YOU MAY ALSO LIKE
Coalition Insurance Company, New York (NY) :Contacts, Careers, Products and Ratings
Anne Mitchell: Reporting Expert in Business Commerce Insurance
Location: New York, NY
Expertise: Global Markets, Economics, Insurance
- Passionate reporter delivering accurate and verified news impacting investors.
- Joined Insurance Blob in 2023.
- Experience in video verification at various magazines.
- Skilled at simplifying complex issues for broad audiences.
- Bachelor of Arts in Business Commerce with Insurance Emphasis from Texas State University, USA.