Conduction. 1  Conduction is the transfer of thermal energy through direct contact between particles of a substance, without moving the particles to a new location. 2  Usually occurs in solids. 3  When heat is supplied to one end, molecules at that end start to move more quickly.
Episcopalian ministers organized a similar fund a decade later. (The first insurance company in the American colonies was formed before this, in Charleston, S.C., in 1735, but it offered only fire insurance at first. It didnât add life insurance until 1760.). (AP Photo/Lefteris Pitarakis).
1957 â Farmers Mutual introduces sickness and accident insurance â and receives forty applications on the first day alone. 1958 â The company introduces homeowners insurance and opens the highly successful American Family Life Insurance Company, which expands to ten states within the year. 1959 â Farmers Mutual enters the age of the computer.