Investing in life : insurance in antebellum America

Investing in Life considers the creation and expansion of the American life insurance industry from its early origins in the 1810s through the 1860s and examines how its growth paralleled and influenced the emergence of the middle class.

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Bibliographic Details
Main Author: Murphy, Sharon Ann, 1974-
Format: Book
Language:English
Published: Baltimore, Md. : Johns Hopkins University Press, 2010.
Series:Studies in early American economy and society from the Library Company of Philadelphia
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Table of Contents:
  • Understanding mortality in Antebellum America: the search for a stable business model
  • Selecting risks in an anonymous world: the development of the agency system
  • Lying, cheating, and stealing versus the court of public opinion: preventing moral hazard and insurance fraud
  • The public interest in a private industry: life insurance and the regulatory-promotional state
  • Protecting women and children "in the hour of their distress": targeting the fears of an emerging middle class
  • Targeting the aspirations of an emerging middle class: the triumph of mutual life insurance companies
  • Securing human property: slavery, industrialization, and urbanization in the upper south
  • Acting "in defiance of providence"? The public perception of life insurance
  • Seeking stability in an increasingly competitive industry: the creation of the American life underwriters' convention
  • Insuring soldiers, insuring civilians: the civil war as a watershed for the life insurance industry
  • The perils of success during the postbellum years.