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Fireman's Fund provided Farm and Ranch insurance for American farmers since 1876 – owner occupied family farms and larger scale agricultural operations for ranchers, farmers, and dairy owners. Fireman's Fund was the first insurer in the United States to offer green insurance coverage for both personal and commercial lines, starting in 2006.
Fireman's Fund Insurance Company, 348 U.S. 310 (1955), is a United States Supreme Court case in which the Court held that state law, rather than federal admiralty ...
The American Insurance Company later became the American Insurance Group. [12] The company was acquired by the Fireman's Fund Insurance Company in 1963 [13] the combined company for a time known as the Fireman's Fund American Insurance Group. [14]
Fireman's had incurred $356 million in pretax losses in 1983 and 1984. Byrne vastly improved Fireman's financial performance and initiated a public offering of some of Fireman's shares in 1985. The company was sold to Allianz AG in 1991. [2] Byrne retained the Fireman's holding company, which he later renamed as White Mountains Insurance Group ...
White Mountain Insurance Group began in the early 1980s by John J. Byrne, the man recruited by American Express to turn around troubled property and casualty insurer Fireman's Fund. [3] When Byrne took Fireman's Fund public in 1985, it was the largest IPO in American history, [4] and the insurer was sold to Allianz six years later. [5]
At Harvard, c. 1885. After Harvard, he went to Chicago where he began working for the Fireman's Fund Insurance Company before transferring to R. A. Waller & Co. [1]. In 1905, Marsh and co-founders Donald R. McLennan [5] and D. W. Burroughs founded the insurance brokerage firm known as Burroughs, Marsh & McLennan.
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