Enterprise Counterparties Mortgage Insurers

| February 16, 2018

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Fannie Mae and Freddie Mac (the Enterprises) operate under congressional charters to provide liquidity, stability, and affordability to the mortgage market. Those charters, which have been amended from time to time, authorize the Enterprises to purchase residential mortgages and codify an affirmative obligation to facilitate the financing of affordable housing for low and moderate-income families. Pursuant to their charters, the Enterprises may purchase single-family residential mortgages with loan-to-value (LTV) ratios above 80%, provided that these mortgages are supported by one of several credit enhancements identified in their charters. A credit enhancement is a method or tool to reduce the risk of extending credit to a borrower; mortgage insurance is one such method.

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Federated Insurance

At Federated Insurance, we take pride in providing American businesses in select industries customized property and casualty, life, disability income, and workers compensation coverage. Beyond merely providing policies, we are committed to face-to-face, local consultation via highly-trained sales, claims, risk management, and underwriting personnel. Additionally, we offer risk management materials designed to help prevent claims and bolster our policyholders bottom lines. Why? Because, as a mutual company, we believe our value is measured by the success of our clients. It’s our business to protect yours.

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Does Your Firm Need Business Auto Coverage?

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Does your law firm have a business auto insurance policy? It should, if there are vehicles registered under your law firm’s name. The policy could also cover your firm when you or your employees use a personal or rented vehicle for firm errands, deliveries and other business purposes. In fact, business auto coverage could be your firm’s single most important asset in the event of an accident.

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The role of AI in enhancing claims experience for Insurance customers

Article | February 12, 2020

Insurance customers are most vulnerable when they file a claim. Be it life or general insurance, claims are filed in distress. This is also a critical moment for Insurers. The claims experience they deliver determines customer loyalty, which also influences referral customers in the long run. In the Insurance industry, where products and pricing among the competitors are almost the same, customer experience becomes the main differentiator.

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Does Business Interruption Insurance Cover COVID-19 Closures?

Article | April 2, 2020

Our clients are asking us: Do commercial property and, specifically, business interruption insurance policies provide coverage for COVID-19-related losses? As discussed below, it is critical that you promptly review your company’s policies, exclusions and relevant endorsements to evaluate whether your business has coverage in the wake of COVID-19. If appropriate, you should make a claim with your insurance carrier.

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Spotlight

Federated Insurance

At Federated Insurance, we take pride in providing American businesses in select industries customized property and casualty, life, disability income, and workers compensation coverage. Beyond merely providing policies, we are committed to face-to-face, local consultation via highly-trained sales, claims, risk management, and underwriting personnel. Additionally, we offer risk management materials designed to help prevent claims and bolster our policyholders bottom lines. Why? Because, as a mutual company, we believe our value is measured by the success of our clients. It’s our business to protect yours.

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