when was the first life insurance company established in the united states
History of insurance The sale of life insurance in the U.S. began in the late 1760s. The Presbyterian Synods in Philadelphia and New York founded the Corporation for Relief of Poor and Distressed Widows and Children of Presbyterian Ministers in 1759;[26] Episcopalian priests created a comparable relief fund in 1769. Between 1787 and 1837 more than two dozen life insurance companies were started, but fewer than half a dozen survived.
National Insurance NI was first introduced by the National Insurance Act 1911 and expanded by the Labour government in 1948. The system was subjected to numerous amendments in succeeding years.
John D. Rockefeller John Davison Rockefeller Sr. (July 8, 1839 â€“ May 23, 1937) was an American oil industry business magnate, industrialist, and philanthropist. He is widely considered the wealthiest American of all time,[4][5] and the richest person in modern history.[6][7]
History of the United States The American Revolutionary War began at Concord and Lexington in April 1775 when the British tried to seize ammunition supplies and arrest the Patriot leaders.