News Release Archive

Lithium-ion battery-based energy storage systems (ESS), in high demand for supplying energy to buildings and power grids but under scrutiny for recent fires and explosions, are the focus of new fire protection and installation guidance from FM Global, one of the world’s largest commercial property insurers.

FM Global have estimated that to meet the funding obligations to the fire and emergency services a rate of 30.5% will need to be applied to all assessable NSW premium effective 30 June 2019.

FM Global, one of the world’s largest commercial property insurers, intends to hire more than 60 seasoned engineers this year who will focus full time on helping clients prevent boiler and machinery-related (B&M) losses.

Sydney, 21 March 2019- Sun Metals Corporation Pty Ltd and James Cook University’s Cyclone Testing Station, working with FM Global, one of the world’s largest commercial and industrial property insurers, has completed wind-tunnel and structural static...

When natural disaster catches a company under-prepared, the chief financial officer is increasingly on the hot seat to break the bad financial news to shareholders and investors.

On 30-May-2017 the NSW Government announced it will defer the introduction of the Fire and Emergency Services Levy (FESL) as a property based tax, stating the ESL will continue to be collected via insurance policies.

FM Global has also been recognised with Business Insurance Innovation Awards for its Global Flood Map, MyRisk, the FM Global Resilience Index and the FM Global SimZone.

JOHNSTON, R.I., USA—FM Global, one of the world’s largest commercial and industrial property insurers, has received a Mansfield Award for its high level of corporate property insurance claims service in the Australian market. 

JOHNSTON, R.I., USA—Understanding an organization’s enterprise-wide cyber risk and providing a research- and science-based way to mitigate that risk is the impetus behind the FM Global Cyber Risk Assessment, the insurance industry’s first comprehensive...

JOHNSTON, R.I., USA—Thomas A. Lawson, president and chief executive officer of commercial and industrial property insurer FM Global, has been elected chairman of the board by FM Global’s board of directors.  Lawson, who joined the mutual insurance...