Fireman's Fund Offers Premium Discount for Water Leak Defense

NOVATO, Calif.--(Business Wire)--
It may have happened to you or to someone you know. A burst water
pipe pours hundreds of gallons of water into a home while the
homeowner is at work or on vacation, destroying valuable personal
belongings and causing major property damage.

To protect against this occurrence, Fireman's Fund Insurance
Company has expanded its water loss protection program to include a
premium discount to policyholders who install a water leak defense
system.

"Fireman's Fund is interested in protecting homeowners from water
losses and in water conservation. Offering a premium discount will
give homeowners the additional incentive to install a new device that
may prevent such occurrences," said Mark McCormick, Director of
Service Innovation for Personal Insurance. Fireman's Fund has teamed
with Sentinel Hydrosolutions LLC to offer the Leak Defense System that
stops water flow from plumbing leaks before major damage occurs. "This
further enhances our overall strategy to prevent water losses and
promote water conservation," said McCormick.

"Our Leak Defense System is installed on the incoming water line
to a home, apartment, or commercial building and constantly monitors
water flow," said Jeff Traczewski, president of Sentinel
Hydrosolutions. "The owner sets the target water flow and the amount
of time before the system determines an alarm condition. At that time,
the audible alarm sounds and the water is shut-off."

Mike Broach, Vice President of Sales With Sentinel Hydrosolutions
claims the leak defense system also provides eco-friendly or 'Green'
benefits to the homeowner. "Not only will the system prevent potential
losses from a plumbing leak, it can pay for itself in the short-term
by alerting homeowners to leaky appliances such as toilets and slab
leaks that often go undetected for years." A study in Portland, OR
revealed that silent toilet leaks could account for up to 300 gallons
of water a day costing upwards of $500 a year.

Fireman's Fund offers a comprehensive strategy from water loss
prevention solutions to surface water/flood insurance. Statistically,
a home is three times more likely to incur damage from flood water
than from fire.

More comprehensive coverage and limits than the National Flood
Insurance Program offers are available to Prestige(R) Home Premier
policyholders. Surface water or flood damage doesn't only result from
natural disasters; substantial damage can also result from
construction site runoff, melting snow, inadequate drainage systems
and leaky dams or levees.

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 Ratings Services. Fireman's Fund is a member of the Allianz
Group (NYSE:AZ), one of the world's largest providers of insurance and
financial services. For additional information, visit
www.firemansfund.com.

(C) 2008 Fireman's Fund Insurance Company, Novato, CA 94998

Fireman's Fund
Janet Ruiz, 415-899-5381
janet.ruiz@ffic.com

Copyright Business Wire 2008