Insurance History: Year the 1st Insurance Contract was signed
The very first insurance contract was signed in Genoa, Italy, in 1343. Its principles were similar to ancient Babylonian ones — merchants could take out loans guaranteeing safe arrival of shipments —...
View ArticleInsurance History: Year of the 1st Fire Insurance Contract
The spark for insurance against natural disasters came when Nicholas Barbon, reacting to the great London fire of 1666, created the first fire insurance company.
View ArticleInsurance History: Year of the 1st Fire Insurance Policy in the U.S.
On our side of the pond, Benjamin Franklin helped pioneer the concept of fire insurance through his Philadelphia Contributionship, allegedly stating that “an ounce of prevention is worth a pound of...
View ArticleWho Needs Workers’ Compensation?
Who Needs Workers’ Compensation? Employers in all states except Texas and New Jersey are required by law to have workers’ compensation insurance. And in New Jersey, employers that do not have workers’...
View ArticleWhat Are Some of The Highlights of Lawyers Liability
Lawyers Liability Features & Highlights Carrier rated A- “Excellent” XI by A.M. Best & Company Program limits of liability up to $5 Million, higher limits may be available per carrier Several...
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