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December 05, 2005

The History and Principles of

The history of Insurance: Insurance as we know it today could be traced to the Great Fire of London, that in 1666 devoured 13,200 houses. After this disaster Nicholas Barbon opened an office to insure buildings. In 1680 he established England's 1st fire insurance company, "The Fire Office", to insure brick and frame homes. The first insurance firm in the

From The History and Principles of

Posted by Bob at December 5, 2005 10:46 AM