Wells Fargo Insurance Reaches $1 Million Milestone

Company reaches milestone with latest donation to Cordelia Fire Protection District

SAN FRANCISCO--(BUSINESS WIRE)-- Wells Fargo Insurance – part of Wells Fargo & Company (NYSE: WFC)– announced today it has awarded $7,499 to the Cordelia Fire Protection District in Fairfield, CA, becoming the only broker to provide $1 million in grants to local fire departments and burn prevention organizations through the Heritage Program^® at Fireman’s Fund Insurance Company. This donation will help the Cordelia Fire District obtain rescue saws and communications equipment.

“We are very pleased Wells Fargo Insurance reached this milestone and is able to support the ongoing efforts of Fireman’s Fund^® and its social mission to support firefighters for safer communities,” said Laura Schupbach, executive vice president and head of Wells Fargo Insurance. “We value the hard work and unwavering commitment of our country’s fire and rescue professionals and will continue to support our communities and their rescue teams.”

To mark this milestone, Wells Fargo Insurance and Fireman’s Fund will hold a presentation ceremony today at the Cordelia Fire Protection District Station in Fairfield, California.

This grant program is designed to provide life-saving equipment, firefighter training and community education tools to local fire departments across the nation. Independent insurance agencies and brokers that sell Fireman’s Fund products, like Wells Fargo Insurance, are able to direct these grants to support the fire service. Since 2004, more than $29 million in grants have been awarded to 1,800 fire departments through this program.

“Local fire departments often struggle to purchase needed equipment and training and our company is committed to helping fill those gaps where we can,” said Lori Fouché, president and CEO of Fireman’s Fund Insurance Company. “Firefighters are our first line of defense in an emergency and if they’re well prepared, that means our communities will be, too. We're pleased to partner with Wells Fargo Insurance to help fulfill the needs of the fire service.”

Since 2005, Wells Fargo Insurance has made more than 80 financial contributions to assist over 70 individual fire departments in 19 states. Significant contributions included an $87,600 grant to the North Carolina Wesley Chapel Fire Department to purchase of a self-contained breathing apparatus recharging system and hydraulic extrication equipment, as well as a $55,000 grant to the Grossman Burn Centers in California to fund a fire and burn prevention program. In 2012, Wells Fargo Insurance has already provided a $10,091 grant to the Lanier County Fire and Rescue Department in Georgia for new fire truck, built by the Georgia Forestry Commission, and a grant for $5,406 to the El Dorado Hills Fire Department in California for radio communications equipment.

About Wells Fargo Insurance

Wells Fargo Insurance¹ is the fourth largest insurance broker in the U.S. (Business Insurance, 2011). With 160 offices in 36 states, Wells Fargo Insurance provides solutions for a wide range of customers, including retail consumers, high net worth individuals, small businesses, as well as middle market and large corporate customers. The 7,300 insurance professionals of Wells Fargo Insurance write $20 billion of risk premiums annually in property, casualty, benefits, international, personal lines, and life products.

About Wells Fargo & Company

Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.3 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 stores, 12,000 ATMs, the Internet (wellsfargo.com and wachovia.com), and other distribution channels across North America and internationally. With more than 270,000 team members, Wells Fargo serves one in three households in America. Wells Fargo & Company was ranked No. 23 on Fortune’s 2011 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy all our customers’ financial needs and help them succeed financially.

About Fireman’s FundInsurance Company^®

Founded in 1863, Fireman’s Fund Insurance Company is a premier property and casualty insurance company providing personal and commercial insurance products backed by industry-leading claims and risk management solutions. Fireman’s Fund is a leader in high-net-worth, entertainment, and green insurance. Fireman’s Fund is a member of the Allianz Group, one of the world’s largest providers of property and casualty insurance, ranked 27th on Fortune’s Global 500 list of the world’s largest corporations. For additional information, visit www.firemansfund.com.

¹Wells Fargo Insurance includes Wells Fargo Insurance Services USA, Inc., Wells Fargo Insurance, Inc., and Rural Community Insurance Company

Wells Fargo & Company Katie Ellis, 415-222-3767

Source: Wells Fargo & Company