August 11: A Piano Maker’s Play to Cut Insurance Rates Nets Him Millions

  As the Industrial Revolution transformed American market towns into industrial cities during the 19th century, the risk of urban fires – always a hazard – sharply increased. This was especially true in the era that preceded the establishment of building and fire codes. In response to the sharp increase in fire-related damage claims in…

August 11: A New Haven Piano Maker Patents the Automatic Fire Sprinkler System

  As the Industrial Revolution fueled the growth of American cities at an unprecedented rate during the 19th century, the risk of urban fires increased in turn — especially in an era that preceded building and fire codes.  In response to the increase in fire-related damage claims, insurance rates for inner-city businesses skyrocketed in the…