Fireman’s Fund News

2nd Circuit Throws Out $64 Million Jury Award Against Fireman’s Fund

A federal appellate court on Tuesday overturned a jury’s award of $64 million against Fireman’s Fund Insurance Co. for allegedly breaching the terms of a reinsurance agreement. The 2nd Circuit Court of Appeals found that Fireman’s Fund was not liable …

Industry Appointments: Honk, QBE, Insurity, Berkley One

Honk Appoints Executive VP Honk Technologies, a platform that connects drivers with towing professionals and insurers, announced the appointment of Rochelle Thielen to the nearly created role of executive vice president for partnerships. Thielen is an automotive industry expert with …

Fireman’s Fund Pays $44M to Settles Crop Insurance Fraud Charges

Fireman’s Fund Insurance Co. has agreed to pay $44 million to settle allegations under the False Claims Act that it knowingly issued insurance policies that were ineligible under the U.S. Department of Agriculture’s (USDA) federal crop insurance program and falsified …

Ace to Buy Allianz’s Fireman’s Fund Luxury Unit

Ace Ltd. agreed to buy Allianz SE’s Fireman’s Fund unit serving wealthy clients to expand insurance of luxury homes, yachts and art collections as the seller narrows its focus in the U.S. Ace will pay $365 million in the deal, …

Allianz to Absorb Fireman’s Fund Commercial P&C Business

The Fireman’s Fund commercial property/casualty business will be integrated into Allianz Global Corporate & Specialty (AGCS), the global corporate insurance company of Allianz. The integration further strengthens the Allianz brand in its US commercial P&C business. This move follows the …

Fireman’s Fund Expands Wildfire Response Program

Fireman’s Fund Insurance Company has expanded its wildfire program to include response services, which may include the application of fire-blocking solutions to a policyholder’s home and surrounding vegetation. The Wildfire Response Program, which already included wildfire assessments and extensive wildfire …

Fireman’s Fund Appoints New VP of Field Claims and Risk Services

Fireman’s Fund Insurance Company appointed Tiffany Alvey to vice president of field claims and risk services. She brings over 20 years of experience to her new role and has held various leadership positions in claims and risk services since she …

Fireman’s Fund Insurance Company Launches New Website

Fireman’s Fund Insurance Company has transfigured its website into a customer-centric, industry-leading site. “Our customers are comprised of agents and brokers, businesses, individuals and families who will appreciate the innovative online experience,” said Robyn Hahn, chief marketing officer of Fireman’s …

Fireman’s Fund Enhances High Net Worth Art Collection Coverage

Fireman’s Fund Insurance Company announced the new death of an artist loss settlement provisions, as well as the introduction of 7 other coverages to additional states as part of their Prestige Collections Coverage. The following states are offering this: AL,AZ,CO,DC,FL,GA,IN,KS,KY,LA,MO,MS,NE,NV,NH,NJ,NM,NY,OH,OK,PA,SC,TN,UT,WA,WI …

Local Fire Departments Receive $33,000 in Grant Funds

Marking $2 million in grants awarded by Fireman’s Fund to fire departments in Illinois, the Dolton and Summit Fire Departments are receiving $33,000 for a new engine and “turnout gear.” The grant is awarded by Mesirow Insurance Services and Fireman’s …