Fireman's Fund Offers Strike Expense Coverage

Recognizing that a potential Screen Actors Guild (SAG) strike at the start of July is a significant risk of concern to production companies, Fireman’s Fund Insurance Company (www.firemansfund.com) has introduced strike expense coverage. This coverage extension is the first offered by an entertainment insurance firm. Fireman’s Fund requires that a completion bond be in place prior to issuance of coverage and that production be scheduled to be completed prior to June 15, 2008.With an over 80-year history of insuring a majority of Hollywood films, Fireman’s Fund entertainment division is dedicated to helping producers and studios achieve the artistic results they are seeking, yet also ensuring they are filmed safely, finished on time and on budget. Its 40-member team includes underwriters and loss control experts with an average of about 20 years of experience in the entertainment field. Fireman’s Fund also owns International Film Guarantors (IFG), a wholly owned subsidiary based in West Los Angeles that offers completion bonds.