Tuesday, April 24, 2012

Did you ever wonder how it all began?

Did you ever take a minute to think about how it all got started?
Not the 'Big Bang Theory' or the Chicken or the Egg.
We mean us, this thing, the American insurance industry?

Swiss Re conducted a study and found:
  • Insurance employs about 2.23 million people in America
  • Gross insurance premiums totaled $1.16 trillion
  • More than 4,000 companies underwrite insurance in America

But that doesn't tell us how it all began?

Well, according to PropertyCasualty360, in the mid-18th century Ben Franklin and other firefighters founded the first, lasting insurance company.


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