WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000912577
<NAME> Federated Insurance Series
<SERIES>
<NUMBER> 011
<NAME> Federated Strategic Income Fund II
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> Dec-31-2000
<PERIOD-END> Jun-30-2000
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<TOTAL-LIABILITIES> 191,755
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 16,643,231
<SHARES-COMMON-STOCK> 1,660,705
<SHARES-COMMON-PRIOR> 1,558,037
<ACCUMULATED-NII-CURRENT> 693,365
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (162,836)
<OVERDISTRIBUTION-GAINS> 0
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<EXPENSES-NET> (70,113)
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<REALIZED-GAINS-CURRENT> (162,055)
<APPREC-INCREASE-CURRENT> (180,154)
<NET-CHANGE-FROM-OPS> 351,291
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (586,795)
<DISTRIBUTIONS-OF-GAINS> (3,870)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 141,670
<NUMBER-OF-SHARES-REDEEMED> (43,630)
<SHARES-REINVESTED> 4,628
<NET-CHANGE-IN-ASSETS> 818,146
<ACCUMULATED-NII-PRIOR> 586,660
<ACCUMULATED-GAINS-PRIOR> 3,089
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<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 69,753
<INTEREST-EXPENSE> 0
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<AVERAGE-NET-ASSETS> 16,502,538
<PER-SHARE-NAV-BEGIN> 10.370
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<EXPENSE-RATIO> 0.85
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.000
</TABLE>
