Monday, May 10, 2010

 

The Hartford Marks Its 200th Anniversary

The year 1860 marked an end to a recession caused by a credit collapse after banks loaned too much for the westward expansion of railroads during the nation's gold rush.

It was also the 50th anniversary year of the Hartford Fire Insurance Company, which had just finished a wildly successful decade. Income from premiums more than doubled in the 1850s compared with the previous 10 years. The company was stronger than its competitors and well-positioned for growth...

Courant: The Hartford Marks Its 200th Anniversary

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