Spears is representing electric co-ops in Federated’s region one, following former Randolph EMC CEO Dale Lambert’s retirement and prior service on the board. Region one includes electric co-ops in Connecticut, Delaware, the District of Columbia, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, North Carolina, Pennsylvania, Rhode Island, Vermont and Virginia.

Based in Lenexa, Kansas, Federated is owned and directed by electric and telephone cooperatives and has served them exclusively since 1959. Insurance coverages include property, liability, workers compensation and others.

“Federated provides critical insurance coverage for all of us with a focus on safety, service and stability. The support that we receive from Federated is exceptional, and I truly value the partnership that we share.”

“With a wealth of experience in the electric cooperative industry, Chris brings valuable insights that will undoubtedly benefit Federated as we continue to grow and innovate,” said Federated President and CEO Phil Irwin. “We look forward to collaborating with Chris and leveraging his expertise to drive our strategic initiatives forward.”

Each year, Federated sets aside a portion of member premiums to be returned to statewide associations in support of safety and training programs. Since 1999, nearly $19 million has been allocated for North Carolina, with nearly $8 million allocated to support safety programs in the state.

“I am grateful for the opportunity to represent Region 1 on the Federated Rural Electric Insurance Exchange Board of Directors,” Spears said. “Federated provides critical insurance coverage for all of us with a focus on safety, service and stability. The support that we receive from Federated is exceptional, and I truly value the partnership that we share.”