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Here are some insurance trivia facts you may not have known!

Who was the first insurance company ever?
In London in 1688, Lloyds of London organized the first protection for sailor's cargo against pirates, shipwreck, etc. While their main focus is still on maritime coverage for oil tankers and shipping cargo, it has expanded to auto, home, life, etc.

Where was the first auto policy sold in America?
The first auto policy was sold in Dayton, OH in 1897.

How much in claims was paid in Hurricane Katrina?
Over $50,000,000,000 was paid from Katrina. Due to the massive amount of homes, cars, businesses and offshore damage, Katrina was the most financially devastating and deadly hurricane in US history. Over 1,400 people died.

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Posted 12:18 PM

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NOTICE: This and all content is developed from sources believed to be providing accurate information. The information in this material is not intended to be used as tax or legal advice. Please consult with a tax and/or legal professional for detailed information regarding your individual situation. Some of this material was developed and shared by Reliable Insurance Managers, Inc. to provide information that may be of interest. Reliable Insurance Managers, Inc. is not affiliated with the named representative, broker-dealer, state- or SEC-registered investment advisory firm. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.
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