Tag Archives: insurance

May 25, 1721

On May 25, 1721, John Copson of Philadelphia, Pennsylvania became America’s first insurance agent. At that time, shipping was very important, so Copson offered insurance on ships and their cargo. He did have exemptions for shipwrecks caused by mermaids, kraken, … Continue reading

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July 20, 2003

On This Date in TWISTED-HISTORY.com! in 2003 in India, elephants used for commercial work began wearing reflectors to avoid being hit by cars during night work. And Americans think hitting a deer will raise your insurance, imagine the call to … Continue reading

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February 1, 1898

On This Date in TWISTED-HISTORY.com! in 1898, Dr. Truman Martin of Buffalo, NY bought the world’s first automobile insurance policy from Travelers Insurance Company of Hartford, CT. He paid $11.25 for the policy and it provided him $5,000 in liability … Continue reading

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May 22, 1761

On This Date in TWISTED-HISTORY.com! in 1761 in Philadelphia, the first life insurance policy was issued in the U.S. by the Presbyterian Ministers’ Fund. The second one was also issued that day insuring the life of Minister Isaac Trumbull. Three … Continue reading

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