Fireman's Fund Offers Unique Coverage to Protect Innkeepers' Personal Interests,...

Fireman's Fund Offers Unique Coverage to Protect Innkeepers' Personal Interests, Assets, Income and Reputation

NOVATO, Calif.--(Business Wire)--
Recognizing that innkeepers need broad protection and flexible
limits, Fireman's Fund Insurance Company is now offering the
Innkeepers' Extension Endorsement which combines 32 options in a
single package for small inns. These coverages have been bundled
together to make it easier for innkeepers to do business and reduce
the potential for gaps in coverage.

Protecting the personal interests of innkeepers is of utmost
importance. The endorsement includes options - similar to personal
lines policies - that are tailored specifically to innkeepers who live
on or own the property. It includes coverage for:

-- Medical payments for personal guests of the innkeeper

-- Personal effects of the innkeeper within the residence and
outside the inn

-- Loss of use of the residence premises due to a covered loss

-- Interim innkeepers or designated individuals who take over the
inn while the owner/manager is on vacation

In addition, assets, income and reputation are a concern to small
inns. The innkeepers' endorsement goes beyond traditional hospitality
coverage to provide solutions for nearly every aspect of an inn's
operations, including options for crisis management to protect its
reputation, data compromise to protect the security of its sensitive
information, and business access to protect its cash flow. Green
building coverage and historic property valuation for small inns that
have special requirements are also available.

"Small inns and bed and breakfasts have personal interests as well
as those of a hotel. This package of coverages is sized and priced
correctly and eliminates the need to go to a specialty market," said
John Braschi, product director for hospitality at Fireman's Fund.

Key features include:

-- Liability coverage and other personal lines are available for
the innkeeper and interim replacement

-- Commercial auto and liquor liability can be purchased
separately

-- Coverage for spa exposures and other guest amenities can be
provided

The U.S. bed and breakfast (B&B) industry includes about 20,000
establishments with combined annual revenue of about $4 billion.
According to www.hoovers.com/bed-and-breakfast-inns, the B&B industry
is a subset of the $130 billion per year U.S. lodging industry. Target
accounts are inns with more than 5 and less than 20 rooms, which are
the bulk of the Bed and Breakfast market.

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:AZ), one of the world's largest providers of insurance and
financial services. 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

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

Copyright Business Wire 2008