Tag Archives: sperm whales

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, and albino sperm-whales, although you could purchase a rider for the sperm-whales. He also refused … Continue reading

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