Federated Insurance Celebrates Reaching $2 Billion Goal Early

Federated Insurance employees rush through the gates to celebrate reaching $2 billion in profitable property and casualty premium.

Federated Insurance celebrated reaching $2 billion in profitable property and casualty premium eight months early by hosting various tailgate-themed events at their service office locations across the United States throughout the month of June. 

“Congratulations, and thank you,” said Federated Insurance Chairman Jeff Fetters. “The credit for achieving this momentous milestone goes to each and every one of you. This was not an easy goal, but you rallied together to help make it happen, and you did it ahead of schedule.

The rundown of celebrations included:

• June 1, 2022: Desert Foothills | Phoenix, Arizona
• June 7, 2022: Rooftop 220 | Tampa, Florida
• June 9, 2022: Steele County Fairgrounds | Owatonna, Minnesota (company headquarters)
• June 14, 2022: River Ranch Stockyards | Dallas, Texas
• June 16, 2022: Mutation Brewing Company | Atlanta, Georgia
• June 20, 2022: Chicken N Pickle | Oklahoma City, Oklahoma (Granite Re)
• June 22, 2022: Lindley Farmstead Estate at Chatham Hills | Carmel, Indiana
• June 23, 2022: Bull Creek Distillery | Spring Hill, Kansas 
• June 28, 2022: Movement Brewing Company | Sacramento, California

“In the 118-year history of Federated Insurance, this was one of our company’s greatest accomplishments,” said Fetters. “The $2 billion goal would have remained just a vision had it not been for your hard work, ingenuity, determination, and undeniable talent. You are all remarkable, simply remarkable.” 

The $2 billion goal was first set in May 2016. It was a challenge to the company’s leaders and employees to double the property and casualty premium on a profitable basis over seven years. The original end date for the goal was for the end of 2022.