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FIREMAN'S FUND MODERN MILESTONES

Use Modern Milestones as the basis for your marketing materials. Add milestones for your local operation and turn it into an image-builder for your agency. Incorporate the events into your recruiting presentation. Make these high points from recent history a key element in selling Fireman's Fund to any audience.

1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001
1990
February: FFIC becomes the first insurance company to write film completion guaranties directly for financiers of motion pictures.

March: FFIC and Allstate Insurance Company file a suit against a group of southern California attorneys, clients and law firm personnel, who allegedly conspired to defraud their insurance companies through a series of lawsuits during the 1980s.

August: Allianz AG and The Fund American Companies, Inc. sign an agreement under which Fund American will sell Fireman's Fund Insurance Company to Allianz for approximately $3.3 billion.

September: FFIC introduces a new commercial product -- MultiCover 2000, which expands on new general liability policy forms with 11 coverages combined in a single package.

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1991
January: A formal transfer of FFIC from Fund American to Allianz is signed.

Herbert Hansmeyer is named chairman of FFIC, and Joseph W. Brown, Jr. is appointed chief executive officer.

April: FFIC wins another victory, against attorneys who abuse the "cumis counsel" provision of California state law to over bill insurance companies for defense costs.

June: FFIC insures the unfurling of the largest flag in the world on The Mall in Washington, D.C.

July: FFIC accepts the ACORD 80 Homeowner application without a company unique supplement.

December: Herbert Hansmeyer succeeds Joseph W. Brown, Jr. as chief executive officer of FFIC.

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1992
April: FFIC introduces Manufacturer's Output policies, which are designed to cover product liability and property damage and transit of goods over land and sea and also to protect against loss of income.

April - May: The Los Angeles riots take place. Afterwards, agents and employees assist in food and clothing lines.

June: Approval is given to build two large office buildings at the company's San Marin site by the Novato city council. Construction will complete the three-building master plan originally approved in 1982.

October: Construction begins on the first of two 217,000-square-foot buildings in San Marin, California.

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1993
February: FFIC introduces Construction Block Package, an innovative inland marine package for a special class of building contractors and property developers.

June: The Sonoma County district attorney's office makes the county's first arrest under California's new insurance laws that crack down on workers' compensation fraud.

October: Joe L. Stinnette is named president and chief executive officer, while Herbert Hansmeyer remains chairman.

November: FFIC is awarded property casualty coverage for the 1996 Centennial Olympics Games in Atlanta.

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1994
December: FFIC introduces medical professional liability package.

San Marin construction is completed ahead of schedule.

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1995
January: Company-wide United Way donations increase 7 per cent over 1994.

February: The Fireman's Fund Management Committee forms the Values Action Strategy Team (VAST), which will advance the company's Shared Values as a means of achieving FFIC's strategic goal. The team will identify actions and develop plans that promote the Shared Values concept.

April: FFIC insures Oscar winner for best picture, "Forrest Gump," as well as two other winners and several nominees.

May: A.M. Best confirms its "A" rating for Fireman's Fund.

June: FFIC adds $800 million to its reserves for overall environmental liabilities, bringing the total reserves to $1.4 billion.

September: FFIC wins judgments worth more than $15 million against high-profile Hollywood entertainment companies in connection with an elaborate Worker's Compensation fraud scheme.

October: FFIC forms an Internet Team to establish Fireman's Fund presence on the Internet and the World Wide Web.

FFIC lands a $3 million account with Dreyer's Grand Ice Cream.

As a leader in the United States for resisting fraud, FFIC continues to prosecute and publicize cases of fraud including the smash and grab burglary at a San Francisco leather boutique.

November: the 24-story Regency Tower apartment complex is the first Oklahoma City building to be fully restored and officially re-occupied following the April 19th bombing. FFIC, the insurer, assists in cutting the official re-opening ribbon.

December: John Meyer, executive vice president and chief financial officer, dies at the age of 47.

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1996
March: Fireman's Fund completes move to San Marin campus. Approximately 2,500 employees are on campus.

Fireman's Fund develops Special Events Cancellation coverage to protect organizers, broadcasters, sponsors and groups having a financial stake in major special events world-wide including Olympic games, world expositions, large trade shows or sport spectaculars.

Fireman's Fund insures 13 of the years' Golden Globe Winners. Coverage is written by Specialty Entertainment through Entertainment's exclusive broker, Entertainment Brokers International (EBI).

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1997
January: FFIC receives numerous claims from wind, storm and flood damage in California, Oregon, Washington, Nevada and Idaho.

February: FFIC adds a human resource training program "How to Prevent Sexual Harassment in the Workplace" as part of the consultant services built into its Employment Practices Liability policy for small to medium-sized businesses.

March: FFIC and Crop Growers Corporation announce their agreement for FFIC to acquire Crop Growers in a cash merger at $10.25 per share.

August 13: The merger with Crop Growers Corporation is completed.

October 27: FFIC announces the appointment of key team members to develop integrated risk management services for the health care industry.

November 6: FFIC reports on the growing trend toward group personal automobile insurance program as a major component of employee benefit plans. The company offers group auto insurance through its Fireman's Fund Direct (FFD) unit.

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1998
FFIC introduces Private Event Coverage and Special Events Cancellation Insurance to reduce financial worries if a celebration or event must be cancelled or postponed, thereby forfeiting substantial amounts of non-refundable deposits and expenses.

April 23: FFIC announces The Fund Umbrella in 45 states, significantly broadening the Company's coverage for both excess liability and umbrella liability. The Fund Umbrella adopts the terms of whatever primary insurance is in place with no gaps in coverage.

May 19: Fireman's Fund's Quick Quote system wins an award from the ACORD organization for the Greatest Increase in Commercial Upload for an insurer using automated systems.

October 12: After a 15-year lull in television advertising Fireman's Fund launches its new License to get on with it campaign in eight high-potential markets around the country.

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1999
March 11: Fireman's Fund and Orion Capital Corporation announce a definitive agreement under which Orion Capital will sell its marine underwriting unit, Wm. H. McGee & Co., to Fireman's Fund. The $59.4 million purchase is finalized on April 12.

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2000
May 16: Interstate Insurance Group, a Fireman's Fund subsidiary, signs definitive agreement to acquire the Specialty Division’s Binding Authority business of Royal & SunAlliance USA. The business unit being acquired focuses on commercial auto, general liability, property and umbrella monoline coverages written through general agents with binding authority. The Binding Authority operation will merge with Interstate's existing Excess & Surplus segment.

July 10:
Fireman's Fund launches an automated Web-based quote system for international business insurance coverages delivered through its International
Exporter's package policy.

November 21:
Fireman's Fund purchases the Not-for-Profit Business Unit of Westport from Employers Reinsurance Corporation (ERC), a GE company. A self-contained business unit, Westport's Not-for-Profit unit writes $26 million in GPW of Directors and Officers (D&O) liability insurance for more than 8,000 non-profit corporations from its single location in Chicago.

December 18:
Fireman's Fund introduces MAXIMUM ADVANTAGE, a suite of coverages and services for management practices liability designed to meet the needs of small-to-mid-sized privately held corporations.

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2001
January 29: Jeff Post is appointed president and chief executive officer.

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