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A loss run is a document that records the history of claims made against a commercial insurance policy. It is analogous to a credit report. A loss run report will include information including the date of the claim, the amount paid, and a description of the event. Generally, a loss run will record 5 years of history. [1]
Philadelphia Contributionship Historical Marker at 212 S 4th St Philadelphia PA. The Philadelphia Contributionship for the Insurance of Houses from Loss by Fire is the oldest property insurance company in the United States. It was organized by Benjamin Franklin in 1752 and incorporated in 1768. [1] [5]
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Reliance Insurance Company of Philadelphia (1881–82, demolished 1960). Reliance was founded in 1817, officially incorporating in 1820, as the Fire Association of Philadelphia, organized by 5 hose and 11 engine fire companies. [4]
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The Hartford Steam Boiler Inspection and Insurance Company (HSB) is a global specialty insurer and reinsurer headquartered in Hartford, Connecticut. It was founded in 1866 and is the largest provider of equipment breakdown insurance and related inspection services in North America serving over five million commercial locations. [citation needed]
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Car insurance for a driver with a clean record in Massachusetts averages $410 per year for state-mandated minimum coverage, and $1,683 for full coverage, which includes collision and comprehensive ...