1. What problem occurred after Hurricane Katrina that has prevented rebuilding?
2. Why is disclosure important when taking out insurance?

3. Who invented the insurance fund? What was the insurance that they invented for?
4. How did the idea of welfare develop? What areas were covered in state welfare?
5. Which country is known as the welfare superpower? Why? What was problematic about the system?
6. What country first began to dismantle its welfare state?

Question

1.	What problem occurred after Hurricane Katrina that has prevented rebuilding?
2.	Why is disclosure important when taking out insurance?

3.	Who invented the insurance fund? What was the insurance that they invented for?
4.	How did the idea of welfare develop? What areas were covered in state welfare?
5.	Which country is known as the welfare superpower? Why? What was problematic about the system?
6.	What country first began to dismantle its welfare state?

anonymous · Answer

3. I looked this up and got several different answers from Pirates "keeping treasures for injuries sustained while getting treasure for people" to Babylonian merchants. However, Lloyd's of London is the one you are probably looking for :) http://www.cii.co.uk/membership/new-starters/who-invented-insurance-and-why/