On May 10, 1810, the Connecticut General Assembly incorporated the Hartford Fire Insurance Company, naming Nathaniel Terry its first president. The company wrote the first fire insurance policy for an institution of higher learning when it insured Yale in 1825. Hartford Fire expanded west to Columbus, Ohio, in 1852 and San Francisco, California, in 1870. In 1871, the company paid $2 million in claims from the Great Chicago Fire. Almost thirty years later, Hartford Fire paid for $11.6 million for damages caused by the San Francisco earthquake of 1906. In 1913, it expanded to become the Hartford Accident and Indemnity Company, providing accident, automobile liability, personal damage, and business interruption insurance, but did not branch into life insurance until 1959. By 1997, after acquisition by ITT Corporation and further expansion of its services, the company's name again changed to The Hartford Financial Services Group, Inc.
Source:
" The Hartford's Historical Timeline ." The Hartford Financial Services Group, Inc. Accessed April 1, 2011.
From the guide to the Hartford Fire Insurance Company Lumber Mill Book 92-070., 1885-1914, (Dolph Briscoe Center for American History, The University of Texas at Austin)
On May 10, 1810, the Connecticut General Assembly incorporated the Hartford Fire Insurance Company, naming Nathaniel Terry its first president.
The company wrote the first fire insurance policy for an institution of higher learning when it insured Yale in 1825. Hartford Fire expanded west to Columbus, Ohio, in 1852 and San Francisco, California, in 1870. In 1871, the company paid $2 million in claims from the Great Chicago Fire. Almost thirty years later, Hartford Fire paid for $11.6 million for damages caused by the San Francisco earthquake of 1906. In 1913, it expanded to become the Hartford Accident and Indemnity Company, providing accident, automobile liability, personal damage, and business interruption insurance, but did not branch into life insurance until 1959. By 1997, after acquisition by ITT Corporation and further expansion of its services, the company's name again changed to The Hartford Financial Services Group, Inc.
From the description of Hartford Fire Insurance Company Lumber Mill Book, 1885-1914 (University of Texas Libraries). WorldCat record id: 720389743
