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The American insurance industry had an early champion inBenjamin Franklin. Though best known as a colorful statesman,signer of the Declaration of Independence and inventor, he also wasinstrumental in establishing the country's first incorporated fireinsurance company, The Philadelphia Contributionship for theInsurance of Houses from Loss by Fire, in 1752.
Franklin's interest in fire insurance was sparked by personalexperience, and he once advised a friend that, in case of fire,“You may be forced [as I was] to leap out of windows and hazardyour neck to avoid being over roasted.” Many insurance industryleaders of the past 80 years may have been less flamboyant thanFranklin, but their contributions are just as significant. Here's alist of some of the most notable.
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