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Batterson visited the London and Paris offices of European insurers to learn about the accident insurance business, then went home to Hartford and raised $500,000 in capital to launch a company to provide accident insurance to American travelers. [13] Travelers obtained its official state charter on June 17, 1863. [13]
James Goodwin Batterson (February 23, 1823 – September 18, 1901) was an American designer and builder, the owner of New England Granite Works from 1845 [1] and a founder in 1863 of Travelers Insurance Company, both in Hartford, Connecticut.
The area was the site of The Charter Oak, an unusually old white oak tree in which, according to legend, colonists hid the Connecticut Royal Charter of 1662 to protect it from confiscation by an English governor-general. Thus the grand, stately tree came to symbolize the power of nature as a defender of freedom throughout Connecticut.
1853 – Aetna Life Insurance Company incorporated. 1854 Henry C. Deming becomes mayor. West Hartford municipality splits from Hartford. Connecticut State Library and Hartford Hospital established. 1856 City rechartered. Charter Oak felled in storm. Hartford Evening Press newspaper begins publication. [4] Armsmear built for Samuel Colt. 1858
Hartford is also the historic international center of the insurance industry, with companies like Aetna, Conning & Company, The Hartford, Harvard Pilgrim Health Care, The Phoenix Companies, and Hartford Steam Boiler based in the city, and companies like Prudential Financial, Lincoln National Corporation, Sun Life Financial [101] Travelers ...
The vision of a Valley Railroad started in the 1840s when President of the Charter Oak Life Insurance Company, James Clark Walkley traced the 44-mile route by stagecoach with friend Horace Johnson. [1]
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