AIG Teams with Montecito Fire Officials to Prep Key Areas for Height of Wildfire Season; Marks 10 Years of AIG’s Wildfire P...
16 September 2015 - 6:10AM
Business Wire
AIG Private Client Group, a division of American International
Group, Inc. (NYSE:AIG) that serves high net worth clients, today
marked the 10-year anniversary of its Wildfire Protection Unit
(WPU) with Montecito, CA, officials, providing pro-bono fire
protection to key areas in the Montecito Fire Protection District
in preparation for the height of wildfire season.
This Smart News Release features multimedia.
View the full release here:
http://www.businesswire.com/news/home/20150915006876/en/
AIG’s WPU, in collaboration with Montecito wildfire specialists,
spent the day spraying a bio-degradable fire retardant and
performing other mitigation actions in the Montecito area using
special-purpose built AIG WPU trucks.
The work in Montecito recognizes the vulnerability of California
to wildfires. In 2014, 7,865 fires destroyed 555,044 acres and
caused millions in property damage statewide, according to the
National Interagency Fire Center. And the 2015 wildfire season has
been very active.
AIG’s WPU was created ten years ago to serve AIG Private Client
Group clients in select areas of Northern and Southern California.
The service has been expanded to include additional customers in
California, as well as in parts of Colorado and Texas. The AIG WPU
is not a private fire department, but a loss mitigation service
designed to preempt damage well before a wildfire ignites.
Throughout the year, AIG’s certified wildfire specialists, in
custom-built WPU trucks, visit homeowners to educate them about
bolstering their home’s fire defenses throughout the dry season.
They work in collaboration with local fire authorities and, when
warranted, spray fire retardant around the perimeters of vulnerable
properties as an added layer of wildfire protection. The type of
fire retardant used remains effective on ground vegetation for
months, or until washed off with a hose or heavy rain.
“The Wildfire Protection Unit puts in action AIG’s philosophy of
working strategically with our customers to reduce risk. Helping
homeowners mitigate the risk of wildfires destroying or damaging
their homes, particularly in fire-prone areas, helps protect
property and people and is a service we take great pride in
providing,” says Kevin Hogan, Chief Executive Officer, AIG Consumer
Insurance.
American International Group, Inc. (AIG) is a leading global
insurance organization serving customers in more than 100 countries
and jurisdictions. AIG companies serve commercial, institutional,
and individual customers through one of the most extensive
worldwide property-casualty networks of any insurer. In addition,
AIG companies are leading providers of life insurance and
retirement services in the United States. AIG common stock is
listed on the New York Stock Exchange and the Tokyo Stock
Exchange.
Additional information about AIG can be found at www.aig.com |
YouTube: www.youtube.com/aig | Twitter: @AIGinsurance | LinkedIn:
http://www.linkedin.com/company/aig
AIG is the marketing name for the worldwide property-casualty,
life and retirement, and general insurance operations of American
International Group, Inc. For additional information, please visit
our website at www.aig.com. All products and services are written
or provided by subsidiaries or affiliates of American International
Group, Inc. Products or services may not be available in all
countries, and coverage is subject to actual policy language.
Non-insurance products and services may be provided by independent
third parties. Certain property-casualty coverages may be provided
by a surplus lines insurer. Surplus lines insurers do not generally
participate in state guaranty funds, and insureds are therefore not
protected by such funds.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20150915006876/en/
AIGMedia:Matt Gallagher,
212-458-3247matthew.gallagher2@aig.comorLauren Kochendarfer,
212-770-3155lauren.kochendarfer@aig.comorInvestors:Liz Werner,
212-770-7074elizabeth.werner@aig.com
American (NYSE:AIG)
Historical Stock Chart
From Apr 2024 to May 2024
American (NYSE:AIG)
Historical Stock Chart
From May 2023 to May 2024