A Series of Insurance Scandals Insurance is meant to protect people during tough times—whether it’s a car accident, a house fire, or the loss of a loved one. Most of the time,…
Month: September 2023
Early Forms of Insurance the Basic Concept of Insurance
Early Forms of Insurance The basic concept of insurance—sharing risk—has existed for thousands of years. The earliest known form of insurance can be trace back to ancient Babylon around 2000 BC. Merchants…