In the following year, they moved to Cincinnati, where he worked at a lumberyard for more than a decade before founding a fire insurance company for German-Americans.
Liverpool Salvage Corps was a service in Liverpool, England, founded and maintained by fire insurers, whose aim was to reduce the loss and damage caused by fires, to help mitigate the effects of fire and of fire-fighting and to salvage both premises and goods affected by fire.
Remarking upon State Farm's pullout from Florida, Ted Corless, a property insurance attorney who has represented large insurance carriers like Nationwide, noted "that homeowners are really going to have to look out for themselves".
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Property insurance can be traced to the Great Fire of London, which in 1666 devoured more than 13,000 houses.
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It also broadened the Department of Insurance's responsibility for enforcement to include property insurance, automobile insurance, life insurance and other types of casualty coverages, including a requirement that the property and casualty insurance premium rates must be pre-approved by the Department.
Property insurance as we know it today can be traced to the Great Fire of London, which in 1666 devoured more than 13,000 houses.