FM Global to pay out $465m membership credit
Commercial property insurer FM Global is to pay out a collective premium credit of $465m (£275m) to its clients when they renew their policies between 30 June 2014 and 29 June 2015.
The credit, the largest offered by the company, is a result of the mutual insurer's financial success, partly due to policyholders' property loss prevention efforts.
Approximately 1900 clients qualify
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