Question

Who created the first insurance company in the U.S. in what year?

Answer 1

The first insurance company in the U.S. was created in Hartford, Connecticut, by locals interested in protecting their cargo. This company was successful and led to the establishment of other competing insurance companies in Hartford.

Step-by-step explanation:

The first insurance company in the U.S. was created in Hartford, Connecticut. Locals interested in protecting the value of their cargo being shipped across the Atlantic established one of the country's first insurance companies. This company made a lot of money and led to the establishment of numerous competing insurance companies in Hartford.