Local Company Named As One of Ward’s Top Performers

Ward's has released their top-performing insurance companies for 2019. One local company was in the top 50 for both Property-Casualty and Life Insurance. It should come as no surprise that Owatonna based Federated is the company that was named.

According to the media release,

Headquartered in Cincinnati, Ohio, insurance industry analyst Ward Group annually recognizes 50 companies that have excelled at balancing financial safety, consistency, and performance during the past five years. They conducted separate analyses on nearly 3,000 property and casualty companies and 700 life-health companies.

Founded in 1904, Federated Insurance is a national insurance and risk management organization that serves the property, casualty, and life insurance needs of clients in select industries. The organization has more than 500 recommendations from state, regional, and national associations and buying groups and is rated A+ (Superior) by industry analyst A.M. Best^®.

Congratulations to Federated! We are very proud to know that one of the local, hometown companies is getting this recognition.