Leadership

Insurance in G-M Fire

Issue 7 and Volume 107.

Insurance in G-M Fire Reports from the British Insurance Association, London, state that insurance companies paid out $30 million— the largest single property claim in history—as a result of the fire that destroyed the General Motors plant at Livonia, Mich. Aug. 12, 1953. American and British firms reportedly split the payment covering the complete loss of the thirty-four-acre plant.

Subscribe to unlock this content

Subscribe Now