insurance history

Are all insurance companies created equal?

May 21, 2019 / 0 Comments

Surprisingly, the answer is no. It is easy to get caught up in the advertising gimmicks only to find out otherwise when you have a claim. What one needs to do to adequately protect themselves is to read the contract. That’s right; the policy between the insurance company and yourself is a contract. Not all…

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Mr. Hunter, his woolen and be beginning of insurance

March 4, 2010 / 0 Comments

Insurance as we know it today started in Mr. Edward Lloyd’s Coffee House in London, England in the late 1600’s. To understand the beginnings I am going to introduce to you a fictional Mr. George Hunter who owns a woolen mill in north central England. Mr. Hunter has a wife, two children and his woolen…

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