"Green" Homeowners Insurance Launches Nationwide by Fireman's Fund Insurance Company.First Admitted Insurer to Offer Innovative, Environmentally Friendly Environmentally friendly, also referred to as nature friendly, is a term used to refer to goods and services considered to inflict minimal harm on the environment.[1] Coverage; Five Percent Discount Given to Green Homeowners NOVATO, Calif. -- Fireman's Fund Insurance Company Fireman's Fund Insurance Company is a Novato, California-based insurance company owned by Allianz SE of Germany. It was founded June 18 1863 and issued its first policy to Walter Hawxhurst covering one half interest in 1,000 kegs of Boston syrup for a premium of $12. - the nation's first provider of green insurance for commercial buildings - will launch green insurance for homeowners starting this summer. This is the first-ever admitted green insurance available to homeowners in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Setting a new standard, Fireman's Fund (www.firemansfund.com/green) is offering this innovative product to homeowners who currently own green homes or who want to upgrade their residences with green features after a loss using environmental safety and efficiency standards. If a home is completely destroyed, it can be rebuilt to green standards, certified as having Leadership in Environmental and Energy Design status (LEED([R]), www.usgbc.org/leed). "We believe this is a trend-setting insurance solution for homeowners who are interested in the many benefits of 'going green' at home," said Donald Soss, chief underwriting officer for Fireman's Fund Personal Insurance. Homeowners whose residences are already green will be offered a five percent discount on this coverage, applied to the homeowner premium. A green home uses less energy, water and natural resources, and creates less waste. Studies have shown that residents have better overall health and productivity as a result of reduced exposure to mold, mildew and indoor toxins. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the National Center for Healthy Housing (www.centerforhealthyhousing.org), homeowners can expect substantial health gains by building green. With this new coverage, homeowners will be able to rebuild and replace with green alternatives such as: * Energy Star([R])-rated appliances, lighting, electronic equipment and roofing/insulation * An Energy Star upgrade of heating, ventilation and air-conditioning systems * Forest Stewardship Council The Forest Stewardship Council (FSC) is a non-profit organization based in Bonn, Germany. The Council's stated mission is "to promote environmentally appropriate, socially beneficial and economically viable management of the world's forests". (www.fcsus.org) certified wood for millwork, ceilings, siding and framing, including bamboo flooring * Non-toxic, low odor paints and carpeting * Water-saving plumbing fixtures * Elimination of ozone-depleting refrigerants Chemical refrigerants are assigned an R number(sometimes the label replaces it with the word Freon) which is determined systematically according to molecular structure. The following is a list of refrigerants with their R numbers, IUPAC chemical name, molecular formula, and CAS number. and fire extinguishing agents, replaced with environmentally friendly alternatives * Debris removed after damage to a home will be recycled and diverted from landfill The green homeowners insurance is now approved for homeowners in 26 states (Arizona, District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). , Delaware, Georgia, Hawaii, Idaho, Illinois, Kansas, Kentucky, Louisiana, Maine, Michigan, Missouri, Nebraska, New Jersey, Nevada, Ohio Nevada (pronounced nah-VAY-da) is a village in Wyandot County, Ohio, United States. The population was 814 at the 2000 census. Nevada was the home of Dr. Charles E. Sawyer, a homeopathic physician who is blamed for giving a false diagnosis of U.S. President Warren G. , Oregon, Pennsylvania, Rhode Island Rhode Island, island, United States Rhode Island, island, 15 mi (24 km) long and 5 mi (8 km) wide, S R.I., at the entrance to Narragansett Bay. It is the largest island in the state, with steep cliffs and excellent beaches. , Tennessee, Virginia, Washington, Wisconsin Washington is the name of some places in the U.S. state of Wisconsin:
Fireman's Fund was the first property and casualty insurance firm to offer green insurance to the U.S. commercial marketplace, introduced in fall 2006. It gave the first financial incentive for green building owners - a five percent discount on the policy premium - for LEED-certified buildings. Vegetated roofs, plumbing and electrical systems, commissioning and the costs for green recertification recertification Recredentialing Graduate education A process in which a professional is periodically re-evaluated–eg, every 10 yrs by an accrediting body to assure continued provision of safe, high-quality health care fees for previously certified buildings are all included coverages that fill the gaps in traditional insurance policies. The company's Commercial insurance division has expanded its green offerings to include historic buildings, hotels, restaurants, manufacturing facilities and commercial auto. Its Specialty insurance division also offers green coverage for commercial buildings that are under construction. Fireman's Fund was recently recognized by the Environmental Defense Fund for its contributions to the green movement in a new report, "Innovations Review 2008: Making Green the New Business as Usual" (www.edf.org/InnovationsReview). Fireman's Fund was the only insurer highlighted in the report that includes the latest trends and best practices that demonstrate how environmental sustainability efforts are creating new markets and providing competitive advantages. About Fireman's Fund Fireman's Fund Insurance Company is a premier property and casualty insurance company providing personal, commercial and specialty insurance products nationwide. It is rated 'A+' by Standard & Poor's Rating Services. Fireman's Fund is a member of the Allianz Group (NYSE NYSE See: New York Stock Exchange :AZ), one of the world's largest providers of insurance and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. . Allianz ranks as the most sustainable insurer in the Dow Jones Sustainability Index based on its economic, social and environmental performance. For additional information, visit www.firemansfund.com. (c) 2008 Fireman's Fund Insurance Company, Novato, CA 94998 |
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