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By the end of the 1960s, Merit Insurance had grown to employ almost one hundred staff with branch offices in several cities across Canada. The company moved its operations to Toronto in 1969, where another IAC subsidiary was housed, The Sovereign Life Insurance Company. By 1974, the two companies merged, with Merit Insurance becoming The ...
Meritz Financial Group was formed when Hanjin Group founder Cho Choong-hoon died in 2002. [2] After the founder's death, the group was succeeded by his four sons. Cho Jung-ho, the founder's fourth son, inherited Hanjin's financial arm, including Oriental Fire & Marine Insurance, Meritz Securities, and Korean-French Banking.
Sanborn held a monopoly over fire insurance maps for the majority of the 20th century, but the business declined as US insurance companies stopped using maps for underwriting in the 1960s. The last Sanborn fire maps were published on microfilm in 1977, but old Sanborn maps remain useful for historical research into urban geography.
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The maps are named for Charles E. Goad who first produced such things for Fire Insurance companies. [1] [2] Charles Edward Goad was a Civil Engineer who practised in Toronto, London, Ontario, and elsewhere. His major business was the creation of detailed street maps for the inner areas of industrial cities, often as a client of insurance companies.
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Goad established a company (the Charles E. Goad Company) [2] in 1875 in Montreal, Quebec, Canada to produce maps to provide this information. [3] These and like maps are now referred to as Goad maps. [4] Goad returned to England in 1885 and began work in Britain. [5] [6] [7] Goad was a member of the following societies: American Society of ...