WASHINGTON, D.C. — The National Lumber and Building Material Dealers Association (NLBMDA) has partnered with Federated Insurance as its recommended insurance and risk management provider for property & liability, workers compensation and financial protection services.

Founded in 1904, Federated has built a strong reputation of offering competitive products supported with value added risk management programs and services. The company is rated A+ (Superior) by A.M. Best and has once again been named to the Ward's 50 Top Performers list.

“Federated Insurance has been a supporter of our association and the lumber and building material industry for many years, and we are proud to be able to strengthen this relationship. This collaboration marks a significant milestone for NLBMDA and promises to deliver substantial benefits to our members,” said Jonathan Paine, president & CEO, NLBMDA.

“Federated is proud to support the great work of the National Lumber and Building Material Dealers Association through our marketing team, our commitment to trade associations, and our specialized insurance products and risk management services,” said David Szymanski, Federated vice president and director of ARMS.

This marks the second time in one week that an industry-related association has partnered with Federated Insurance.