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Between 1870 and 1872, 33 US life insurance companies failed, in part fueled by bad practices and incidents such as the Great Chicago Fire of 1871. 3,800 property-liability and 2,270 life insurance companies were operating in the United States by 1989.
Boston, Massachusetts (found.) Flour and baking [71] Now based in Norwich, Vermont. 1792 Cadwalader, Wickersham & Taft: New York City: Law firm [72] [73] 1792 Insurance Company of North America: Philadelphia, Pennsylvania (found.) Insurance [4] Now Chubb Limited: 1792 New York Stock Exchange: New York City: Stock Exchange 1792 Old Farmer's ...
Proper insurance coverage protects your small business from unexpected circumstances and costs. Yet, according to the 2023 Hiscox Underinsurance Report, 75% of small businesses in the U.S. don’t ...
Bundles common coverages together into one policy (e.g., business liability insurance, business income insurance and commercial property insurance) General liability insurance
1959: Expanded into the life insurance business by acquiring The Columbian National Life Insurance Company in Boston, Massachusetts. [citation needed] 1913: Formed the Hartford Accident and Indemnity Company to provide a wide variety of insurance coverage, including accident, automobile-liability, personal-damage, business-interruption and more.
The cost of small business insurance depends on several factors, including your company's location, size and industry. BOP coverage, which bundles common insurance types onto one simple policy ...
Fires are capable of causing a substantial amount of property damage in a short period, potentially devastating a small business that doesn't have insurance coverage. 3. Weather damage
Amica was organized as a mutual insurance company, meaning that company was owned by policyholders rather than stockholders. In 1941, Amica opened its first branch office in Boston, Massachusetts, and now has 44 locations nationwide. The company added homeowners’ insurance in 1956, and later added marine and umbrella insurance. [2]