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    David RacichPRO
    Fountain Hills, Arizona
    Although Lloyd’s of London claim to fame was insuring cargo transported by sailing ships in the late 17th century, they begin pricing life insurance shortly after Sir Edmund Halley, of Halley’s comet fame, wrote the first actuarial table. In the U.S. the First Presbyterian Minsters fund, a stock company, for ministers was created in 1759. The New England Life, the first mutual company, in 1835.
    Answered on June 16, 2013
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