Latest FM Global Headlines
All the headlines from our FM Global Topic Page, ordered by recency.
Ratings Recap: PMA Capital, FM Global, American Mining, Discovery, ACE/INA, Argonaut
Feb 14 2008 // A.M. Best Co. has placed the financial strength rating (FSR) of ‘B’ (Fair) and issuer credit rating (ICR) of “bb” of PMA Capital Insurance Company (PMACIC) under review with negative implications...
FM Global Opens Beijing Office
Jan 16 2008 // Commercial and industrial property insurer FM Global has opened a representative office in Beijing, China following the receipt of approval from the China Insurance Regulatory Commission (CIRC). The regulator gave its go...
Study: Financial Executives Expect Business Risks to Persist, Intensify
May 18 2007 // Financial executives at the world’s largest companies expect the severity of their most prevalent business risks to remain constant or intensify through 2009, according to the “Managing Business Risk Through...
FM Global Places $300 Million Pacific Northwest Earthquake Cat Bond
Aug 29 2006 // Commercial and industrial property insurer FM Global announced the private placement of a second US$300 million catastrophe bond to protect against the consequences of unusual earthquake activity in the Pacific Northwest...
FM Global Sees Strong Numbers for 3rd Straight Year
Mar 2 2005 // Commercial and industrial property insurer FM Global has reported a third consecutive year of strong operating performance, with 2004 marking a period in which the company increased its policyholder surplus significantly;...
FM Global Moves up on FORTUNE 1000 List
Apr 1 2004 // Commercial and industrial property insurer FM Global has issued a bulletin noting that the company has jumped to No. 549 on FORTUNE magazine’s list of America’s 1,000 largest companies. The higher ranking moved...
FM Global Comments on Best’s Affirmation of ‘A+’ (Superior) Rating
May 6 2003 // Rhode Island-based FM Global, a commercial and industrial property insurer, has issued a statement commenting on A.M. Best’s recent decision to affirm the company’s ‘A+’ (Superior) rating, citing...
FM Global Unveils 2003 Property Loss Prevention Resource Catalog
Jan 29 2003 // Commercial and industrial property insurer FM Global recently released its free 2003 Property Loss Prevention Resource Catalog that contains a number of loss prevention products to aid risk managers, facility and plant...
FM Global Affirmed
Jan 13 2003 // Fitch Ratings affirmed its “AA-” insurer financial strength ratings on Factory Mutual Insurance Company, Affiliated FM Insurance Company, and Appalachian Insurance Co. collectively (FM Global). The outlook is...
A.M. Best Affirms FM Global
Jun 24 2002 // A.M. Best affirmed insurer FM Global’s rating of “A+,” but placed a negative outlook on the rating. Factors affecting the rating action included the group’s solid capitalization, prominent market...
A.M. Best Affirms FM Global
Jun 24 2002 // A.M. Best affirmed insurer FM Global’s rating of “A+,” but placed a negative outlook on the rating. Factors affecting the rating action included the group’s solid capitalization, prominent market...
A.M. Best Affirms FM Global Rating
May 31 2002 // A.M. Best has affirmed insurer FM Global’s A+ (superior) rating due to “the group’s superior capitalization, prominent market position within the commercial property market and the long- term benefits to...
FM Global Unveils New Technology Center
May 2 2002 // FM Global has developed a new US$70 million-plus world-class scientific research and product-testing complex to meet its customers’ increasingly sophisticated property protection needs, expand its capabilities,...
Jim Black, Retired Vice Chairman and COO of FM Global, Passes Away
Sep 6 2001 // James W. Black, retired vice chairman and chief operating officer of FM Global, died Aug. 31 following a battle with cancer. He was 62. “Jim was widely admired as a visionary, a leader and a caring human...
Rouge Industries, FM Global Settle Claim
Jun 8 2001 // Michigan-based Rouge Industries Inc’s. principal operating subsidiary, Rouge Steel Company, and its primary insurer, FM Global, have settled all outstanding insurance claims related to the Feb. 1, 1999, Rouge Complex...
DCR Gives FM Global ‘AA-‘
May 1 2000 // A “AA-” claims paying ability rating was assigned to Factory Mutual Insurance Company (FM Global) by DCR. DCR indicated that last year’s merger between Allendale Mutual Insurance Company, Protection...
FM Global Gets ‘A+’
Apr 3 2000 // FM Global was assigned its first rating by A.M. Best Co., an “A+,” in recognition of the insurer’s superior financial strength, increased capacity and market profile. Best also stated that the 1999 merger...
