Fire insurance was initially created in Birmingham in 1667. Why subsequently? Because in 1666 the city was devastated by a major fire, departing 200,000 Quotes Chimp desolate and ruining 1,400 properties. It could happen to be fortunate the Fireplace Workplace, as the business was called by creator Nicholas Barbon, wasn't available during the fireno one could happen to be prepared to danger trying to sell hearth insurance again.