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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.
Resilience Capital Partners is a Cleveland based private equity firm founded in 2001 by Steven H. Rosen and Bassem A. Mansour. The firm invests in manufacturing and business services companies in the Eastern and Midwestern United States, companies typically between $25 million and $250 million in annual revenue. [1] [2]
Jones Day was founded in Cleveland in 1893 as Blandin & Rice by two partners, Edwin J. Blandin and William Lowe Rice. [11] Frank Ginn joined the firm in 1899, and it changed its name to Blandin, Rice & Ginn. [ 12 ]
Cincinnati Financial (Nasdaq: CINF), the 20th largest insurance company by market share in the U.S. (in Fairfield, OH) [citation needed] Fifth Third Bank (Nasdaq: FITB), 25th largest bank in the United States; employs 7,645. $13.5 BN local deposits [2]
Roger and his two sons, Toby and Roger Jr., 2000. Roger Bourke White (1911–2002), a Cleveland businessman, co-founded Glastic Corporation [1] with Richard C. Newpher. Glastic, located in South Euclid, Ohio, was one of the first makers of fiberglass insulators for the electrical industry, and now makes fiber optic cable.
National City branch in Springboro, Ohio.. National City Bank was founded on May 17, 1845, when a group of Cleveland, Ohio businessmen pooled $50,000 to organize the City Bank of Cleveland, the first bank opened under the Ohio Bank Act of 1845 in a small town with no gas, electricity, public waterworks, or railroad. [8]
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A cousin of founder George W. Rice, Caleb Rice served as president of MassMutual for 22 years, making him the longest-serving president in the company's history. [14] As a former lawyer and Sheriff of Hampden County, Massachusetts , Rice served on the Massachusetts House of Representatives for five years and was later elected as the first mayor ...