FM Global Awards $245,000 in Fire Prevention Grants to Nearly 100 Organizations in 2007

JOHNSTON, R.I. — Commercial property insurer FM Global has awarded $245,000 in fire prevention grants through year end 2007 to help nearly 100 national, state, regional, local and community organizations more effectively prevent fire — the leading cause of property destruction.

Through its Fire Prevention Grant Program, FM Global awards grants that can have the most demonstrable impact on preventing fire, or mitigating the damage it can quickly cause. Of the millions of dollars the company has provided to fire service organizations and related agencies during the past three decades, grants have helped to bolster loss prevention initiatives, like community education, prefire planning and arson prevention, to name a few.

"At FM Global, we believe the majority of property damage is preventable, not inevitable," said Michael Spaziani, manager of the fire prevention grant program. "Far too often, inadequate budgets prevent those organizations working to prevent fire from being as proactive as they would like to be. With additional financial support, grant recipients are actively helping to improve the overall risk profile of the communities they serve."

To learn more about FM Global's Fire Prevention Grant Program, or to apply for a grant, please visit

FM Global's clients include one out of every three FORTUNE 1000 companies and similar-sized organizations in more than 130 countries. For nearly 175 years, clients have worked with FM Global to develop robust property insurance and engineering solutions to protect their business operations from fire, natural disasters and other types of property risk. FM Global ranks 578 among FORTUNE magazine's largest companies in America and was named "Best Global Property Insurer" and "Best Property Insurer — North America" by Global Finance magazine. The company also is rated A+ (Superior) by A.M. Best and 'AA' (Very Strong) by Fitch Ratings.

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