Let’s play “pretend!” We’ll pretend we’re living in the little town of Balducci, Italy. Except it’s the year 320 A.D., and the town is not called Balducci. It’s Yorcus Noovus. You’re a chariot driver, and I’m [...]
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CA. Insurance License #0680951 |
Most people know Lloyd’s of London as an insurer willing to cover unusual risks such as damage to the various body parts of performers (for example, the fingers of Rolling Stones guitarist Keith Richards) or as a company that reinsures policies of other companies against greater-than-expected losses in case of a disaster. That’s close to being accurate. However, Lloyd’s is not an insurance company. Continue reading British Influence – Lloyd’s of London Benjamin Franklin, believed by many to be one of the greatest and most fascinating of America’s founding fathers, had a finger in a number of pursuits. Sure, we all know about the kites, his experiments with electricity, the stove he invented, the invention of the first public library, his bifocals, and a lot more. But did you know he was influential in getting the insurance business off the ground in this country? It’s true! In colonial days, houses were built close to one another and, in their construction, made liberal use of wood – both preconditions for fire danger. Houses were also heated by burning wood and meals prepared over wood fires. House fires, therefore, were common. |
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