Conduction. 1  Conduction is the transfer of thermal energy through direct contact between particles of a substance, without moving the particles to a new location. 2  Usually occurs in solids. 3  When heat is supplied to one end, molecules at that end start to move more quickly.
Episcopalian ministers organized a similar fund a decade later. (The first insurance company in the American colonies was formed before this, in Charleston, S.C., in 1735, but it offered only fire insurance at first. It didnât add life insurance until 1760.). (AP Photo/Lefteris Pitarakis).
Well, nobody is exactly sure, but it eventually went out of business. The oldest documented insurance company today dates back to 1710. Originally known as the Sun Fire Office, it started not all that long after the original Fire Office, and probably while the first was still in business. The Sun Fire Office, through many mergers and acquisitions, is today known as Royal & SunAlliance, Britain's largest insurance company.