The Business Record carried this story which we find of interest to our farming clients.
Fireman's Fund to pay $44 million to settle U.S. charges
Business Insurance: Fireman's Fund Insurance Co. agreed to pay $44 million to settle U.S. charges that it knowingly issued policies that did not qualify for the U.S. Department of Agriculture's federal crop insurance program, and also falsified documents. The company was accused of backdating policies, forging farmers' signatures, accepting late and altered documents, whiting out dates and signatures and signing documents after deadlines had passed.
Fireman's Fund Insurance Company, based in Novato, California, provides personal and commercial property and casualty insurance products in the United States.
Catch Phrase: Protecting your future since 1863
Company Describes Itself As:
Protecting American farmers since 1876
From a Texas cattle ranch to a Napa Valley vineyard, our Farm & Ranch insurance covers the needs of your agribusiness.
Fireman’s Fund offers insurance for equipment, transit, livestock and crop operations, pollutant cleanup, fire damage liability and more.
Our national network of Farm & Ranch professionals includes people who are part of your farming community and who understand the specific risks agribusinesses face. This is the way we’ve been serving the farming industry since 1876.
To learn more about our tailored coverages, please visit our Farm & Ranch Policy page.
Who owns the Fireman’s Fund: Allianz
Fireman's Fund Insurance Company is a trusted provider of personal and commercial insurance products, backed by industry-leading claims and risk management solutions. As a member of the Allianz group, one of the world's largest property and casualty insurance providers, the company has a solid financial foundation. Fireman's Fund began in 1863 with a social mission to support firefighters for safer communities. We continue that tradition through our Heritage Program® by providing grants for fire departments across the United States.