...South Carolina, of whose history and demise in 1741 only scattered details are available. In 1752, the Philadelphia Contributionship for the Insurance of Houses from Loss by Fire, the oldest insurer in the country, was founded, to be followed shortly, in 1759, by the Presbyterian...

...As you may know, the first insurance company formed in the American colonies was actually a mutual: The Philadelphia Contributionship for the Insurance of Houses from Loss by Fire. It was created in 1 752 after Benjamin Franklin and a group of prominent Philadelphia citizens came...

...made among trusting individuals. In 1752, Benjamin Franklin founded the first fire insurance company, the Philadelphia Contributionship for the Insurance of Houses from Loss by Fire, as a consortium of merchants and public officials who met in local coffee houses to review surveys...

...city to cope with the disease vectors that arrived at its port on ships from all parts of the world. The Philadelphia Contributionship for the Insurance of Houses from Loss by Fire, along with fire fighting companies founded by Franklin and his contemporaries, combated one of the...

...damage, you were SOL. In March 1752 Benjamin Franklin and eleven other prominent Philadelphians formed the Philadelphia Contributionship for the Insurance of Houses from Loss by Fire. Joseph Saunders, the marine insurance broker, became clerk of the new institution, and John Smith,...

...enterprise, has existed on the landscape of American business since 1752, when Benjamin Franklin founded the Philadelphia Contributionship for the Insurance of Houses from Loss by Fire. Cooperatives may be owned by workers, customers, or networks of small producers. The Philadelphia Contributionship...

...Walnut Street (on left), the site of the Duane House, which was the matching half of the Marshall House. The Philadelphia Contributionship for the Insurance of Houses from Loss by Fire was organized as a mutual fire insurance company with the help of Benjamin Franklin in 1752. The company,...

...such as Lloyd's, although a similar group operated in Philadelphia's London Coffee House. By 1752, the Philadelphia Contributionship for the Insurance of Houses from Loss by Fire had been founded by Benjamin Franklin, referred to as the "father of insurance in America" by at least...

...mid1700s, with Benjamin Franklin being instrumental in the formation of one of the very first companies, the Philadelphia Contributionship for the Insurance of Houses from Loss by Fire? The first property policies only covered loss to buildings and only for loss by fire. As time passed,...

...Benjamin Franklin and other prominent Philadelphians established a mutual insurance organization called the Philadelphia Contributionship for the Insurance of Houses from Loss by Fire, the oldest continuously operating insurance company in the country. In 1759, the Presbyterian Ministers...