FM Global News

Aftermath of Hurricane Matthew Leads Businesses to Focus on Preparedness

The ravages of Hurricane Matthew are prompting businesses to rethink their natural hazards preparedness, with more than one out of four surveyed employees in the stricken region saying they believe their companies will increase investment in the area. Matthew was …

Business News: Liberty Mutual, Lemonade, FM Global, QBE

Liberty Mutual Insurance Introduces 2 New Excess Casualty Offerings Liberty Mutual Insurance launched two new excess casualty products: the Utility Follow Form Excess for the power and utility sectors, and the Integrated Occurrence Form for the large corporate sector. Both …

Business News: FM Global, Kustom US, Foresight Medical

FM Global Breaks Ground on $80M Loss Prevention Training and Operations Center in Singapore FM Global, a commercial and industrial property insurer, broke ground on the construction of a new loss prevention training and operations center, located in the Singapore …

FM Global Tests Fire Modeling to Fight Industrial Warehouse Blazes

Roughly 40 percent of all industrial property loss in the United States comes from fire, and fire is the leading cause of commercial property damage. For insurance companies, understanding how fires spread can help save their industrial clients from massive …

FM Global Publishes Comprehensive Index of Countries’ Building Codes

FM Global, a global commercial and industrial property insurer, announced the publication of the first-ever index of many of the world’s building codes. The 2015 FM Global Country Building Codes Index is a PDF document available at no charge and …

Plans to Raze Flawed Vegas Hotel Tower on Hold While Claim Investigated

Plans for owners of the CityCenter development to demolish a flawed, half-built hotel tower on the Las Vegas Strip have been placed on hold. Clark County District Judge Elizabeth Gonzalez, at a Friday hearing, withdrew her Aug. 23 approval of …

FM Global Urges Property Owners to Avoid Complacency Following Sandy Report

Following this week’s release of a U.S. presidential report from the Hurricane Sandy Rebuilding Task Force, FM Global, one of the world’s largest business property insurers, urges property owners to take active measures now to help prevent potential storm losses …

FM Global Releases Results of Lithium Ion Battery Fire Tests

Commercial and industrial property insurer FM Global has completed the first-ever large scale fire tests of lithium ion (li-ion) batteries in warehouse storage and released a research technical report describing the associated fire hazards and protection recommendations for these increasingly …

Report: 75 Percent of U.S. Workers Don’t Think Employers are Prepared for Disasters

An overwhelming majority of Americans do not feel their employers are well-prepared for, or might not recover quickly from, a natural disaster, according to research by FM Global, one of the world’s largest business property insurers. FM Global’s new Business …