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).
In 1999 ACE acquired the global property and casualty business of CIGNA Corp., which included the Insurance Company of North America (INA). A group of prominent citizens in Philadelphia in 1792 founded INA, the first marine insurance company in the U.S., and the nationâs oldest working stockholder-owned insurer. The insurerâs first policies covered the hull and cargo of the ship America on a voyage from Philadelphia to Londonderry, Northern Ireland.