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Enterprise and Society 2005 6(4):561-570; doi:10.1093/es/khi091
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© The Author 2005. Published by Oxford University Press on behalf of the Business History Conference. All rights reserved. For permissions, please e-mail: journals.permissions@oxfordjournals.org.

Shaped by Risk: The American Fire Insurance Industry, 1790–1920

Dalit Baranoff

DALIT BARANOFF is adjunct professor in the Department of History, University of Maryland, College Park. Contact information: 2115 Francis Scott Key Hall, University of Maryland, College Park, MD 20742–7315, USA. E-mail: baranoff@umd.edu.

The first 150 words of the full text of this article appear below.

Late last night

While we were all in bed

Mrs. O’Leary left a lantern in the shed

And when the cow kicked it over

She winked her eye and said

There’ll be a hot time

In the old town tonight

FIRE, FIRE, FIRE

Parody of a popular song1

Whatever role Mrs. O’Leary’s cow might have had in starting the Great Chicago Fire of October 8–9, 1871, the legend is one of the few remaining popular associations with the conflagration that destroyed much of the city.2 The age of the great urban fires, of which Chicago’s is the most storied, ended nearly a century ago with the San Francisco earthquake and fire of 1906. By then, major fires had ravaged New York (1835), Boston (1872), Baltimore (1904), and many smaller cities, destroying hundreds of millions of dollars in property.

Today, it is nearly inconceivable that a fire might rage out of . . . [Full Text of this Article]


    Risk and Uncertainty
 

    The Need for Systematic Risk Management
 

    Business Historians and Risk
 

    Managing Risk in the Fire Insurance Industry
 

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