Excerpt from The Business of Insurance, Vol. 1 of 3: A Text Book and Reference Work, Covering All Lines of Insurance Written by Eighty Eminent Experts, Compiled and Edited
The business of insurance has undergone a marked change in the last score of years. Great advances have been made in its scope, its animating spirit and in its methods, until it has now taken a definite, well-assured place in the life of the nation. As a consequence, questions relating to insurance have become of practical importance to everyone. Bankers, lawyers, doctors, manufacturers, farmers; all must henceforth have a more and more intimate personal relation to, and interest in the problems connected with it.
Up to the present time there has been no comprehensive and authoritative text book on insurance to which an inexperienced man could turn for information or an experienced man for reference. Here and there in the field of insurance literature, have appeared from time to time excellent and instructive treatises, but whatever has been printed is mainly in the form of scattered articles and buried reports. Nobody has ever undertaken the work of collecting and properly arranging them.
These volumes are offered as a practical working text book. They are designed not merely for those engaged in the actual business operations of insurance, but for all who wish a broader knowledge of a subject so important in the business world today. The work is published in response to a widespread demand for a non-technical text book on insurance. Its sole aim is to inform and educate men in the subject and thereby add to their understanding and efficiency.
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