Explaining about mutual fire insurance companies


Assignment:

Fire brigades did not exists in the countryside. If a farm caught on fire, the farmer lost everything he owned. Investor owned insurance companies existed in those days, but most refused to insure these small farms.

  • Can you explain why mutual fire insurance companies arose in those days in the agricultural sector?

Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.

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Business Management: Explaining about mutual fire insurance companies
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