FM Global Earmarks $400,000 to Assist Fire Prevention Community

FM Global (http://www.fmglobal.com/), one of the world's largest business property insurers, has earmarked US$400,000 during 2010--a seven percent--increase from last year-to deepen its commitment to helping organizations worldwide more effectively prevent fire in their communities.

Because fire continues to be the leading cause of property damage worldwide-costing companies nearly US$2 million on average in property loss per incident-FM Global has awarded millions of dollars in fire prevention grants through its Fire Prevention Grant Program (http://www.fmglobal.com/grants)> for more than 35 years.

"As the economy limps toward recovery, the most well-intentioned agencies working to prevent fire continue to face ongoing budget constraints and funding challenges," said Michael Spaziani, manager of FM Global's Fire Prevention Grant Program. "Because FM Global believes that the majority of fire damage can be prevented, we are dedicated to helping those who share that same philosophy."

In 2009, fire departments, brigades, and other related agencies in the United States, Canada, India, Brazil and the United Kingdom received US$2,500, on average, in FM Global Fire Prevention Grants to bolster loss prevention initiatives, like community education, prefire planning, and arson prevention.

To learn more about FM Global's Fire Prevention Grant Program, or to apply for a grant, please visit www.fmglobal.com/grants.

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