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FITCH RATINGS AFFIRMED FM Global's Insurer Financial Strength rating at AA (Very Strong) this month. / BLOOMBERG NEWS FILE PHOTO/SCOTT EELLS

FM Global has AA rating affirmed by Fitch

JOHNSTON – FM Global had its AA (Very Strong) Insurer Financial Strength rating from Fitch Ratings affirmed this month and its rating outlook was...

FM Global creates new executive role for ‘diversity and inclusion’

JOHNSTON – FM Global, one of the world’s largest commercial property insurers, has appointed Sonserae Toles as vice president, inclusion, a new role at...

FM Global opens $16M laboratory in Glocester

GLOCESTER – FM Global opened its $16 million electrical hazards and gas detection laboratory at its Rhode Island research campus, the company announced Oct....

Five Questions With: Steven Zenofsky

FM Global is a property insurance company that employs more than 1,000 people in Rhode Island. And now, a small herd of goats. The...
FM GLOBAL has opened its new $16 million electrical hazards and gas detection laboratory at its research campus in Glocester. / COURTESY FM GLOBAL

FM Global opens $16M laboratory in Glocester

GLOCESTER – FM Global opened its $16 million electrical hazards and gas detection laboratory at its Rhode Island research campus, the company announced Tuesday. The...
A NEW STUDY concluded that companies unprepared for storm damage, such as that delivered during the 2012 landfall of Sandy in Westerly, lost 5% of their market capitalization over the year after the storm, / PBN FILE PHOTO/BRIAN MCDONALD

Study: Hurricanes depress firms’ market caps

  JOHNSTON – A new study commissioned by FM Global links hurricane damage to a loss in enterprise value. Dozens of large, publicly traded companies that...
RETIREMENT OPTIONS: Glenn King, FM Global’s manager of employee benefits, meets with staff. From left, foreground, are Tricia Fay, North America benefits manager, and Jill Goodman, retirement plans manager. From left, background, are Carole Williamson, manager health and welfare plans, and King. FM Global offers both a 401(k) plan and a pension plan to its employees.
 / PBN PHOTO/MICHAEL SALERNO

Small businesses struggle to afford basic benefits for employees, survey finds

To the victors, go the spoils. That’s an old truism, especially for employers who win the battle for greater market share. Large companies such as...

FM Global employees improve their well-being by helping communities

Healthiest Employers of Rhode Island 2019 2,000-4,999 EMPLOYEES #4: FM Global CEO (or equivalent): Thomas A. Lawson, CEO, president and chairman Number of employees: 3,767 MUTUAL INSURANCE COMPANY...
FM GLOBAL released a study that found corporate executives often overestimate what their cybersecurity insurance will cover. Above, the company's Johnston headquarters. / COURTESY FM GLOBAL

FM Global: Cybersecurity insurance doesn’t cover everything

JOHNSTON – Seven in 10 senior financial executives at the world’s largest companies believe their insurer would cover most or all losses their company...

FM Global invests $1M in RiskGenius, specializing in AI, machine learning

JOHNSTON – Commercial property insurer FM Global has invested $1 million in RiskGenius, an insurtech company that uses artificial intelligence and machine learning to...
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