About Firemans Fund
The Fireman's Fund Insurance Company was began in 1863, in Sanfransisco. This was first started in Novato, which was previously owned by Allianz AG of Germany. It's name was derived from an early business arrangement to pay 10% profits to widows and orphans of the firefighters who lost their lives in saving the lives of the people. This Firemans Fund policy was ended two years later when San Fransisco established a paid fire department, although the company still donates to firefighting causes through its heritage program.
Later Firemans Fund was acquired by American Express in 1968, but became independent in the year 1985 and later was purchased by the Allianz in 1991.
It was one of the first car insurance providers, and issued the world's first airplane insurance policy. Today it insures diverse operations such as agribusiness and feature film production. It has also insured the productions of films such as Top Gun, Indiana Jones, The Last Crusade and The Lord of the Rings.
Fireman's Fund has had a long history in insuring some of providing coverage after some of the most catastrophic events in American History, including the Great Chicago Fire, the San Francisco earthquake and Hurricane Katrina.
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