One Hundred Years of Fire Insurance, Vol. 36: Being a History of the Ætna Insurance Company, Hartford, Connecticut, 1819-1919 (Classic Reprint) - Hardcover

Inhaltsangabe

Excerpt from One Hundred Years of Fire Insurance, Vol. 36: Being a History of the Ætna Insurance Company, Hartford, Connecticut, 1819-1919

But good ideas often move slowly, and for a quarter of a century the subject lay dormant. In 1635 a peti tion was presented to Charles I of England to ensure all your Majesty's subjects whomsoever for so much of their estates combustible as they themselves shall conceive in danger of Fire. This seems to have been pigeon-holed, for three years later a similar petition was favorably received; and on October 16, 1638, the King ordered the Attorney General to prepare a patent for such a company, to run for forty-one years, and to await his royal signature. But'the King soon became engrossed in taking care of his royal political fences, and the insurance project was forgotten. Other attempts, made later, also failed.

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