Biography of George L. Chase
Connecticut Biographies





GEORGE LEWIS CHASE, HARTFORD: President of the Hartford Fire Insurance Company.

George L. Chase was born in Millbury, Worcester County, Mass., January 13, 1828, and was educated at Millbury Academy, receiving a thorough English course of studies. At the age of nineteen years he engaged in the insurance business as the agent of the Farmers' Mutual Fire Insurance Company of Georgetown, Mass., and was subsequently elected a member of the board of directors. He became an efficient canvasser, operating at first through southern Massachusetts and eastern Connecticut, and within a short time his agency included four companies, transacting business on the mutual plan. One of the number, the Holyoke Mutual of Salem, is still engaged in successful operations. In 1848, Mr. Chase was appointed traveling agent for the People's Insurance Company of Worcester and retained the position until 1852, when he was appointed. assistant superintendent of the Central Ohio; Railroad Company and removed to Ohio. Soon afterwards he was advanced to the office of general superintendent of the road. He was one of the first representatives who organized the first association of railroad superintendents in the United States, the meeting for the purpose being held at Columbus, Ohio, in 1853. President Chase resumed the fire insurance business in 1860, accepting the western general agency of the New England Fire Insurance Company of this city. This position was held until 1863, when he received the appointment of assistant western general agent of the Hartford Fire Insurance Company. In this position, as in all others which he had occupied, Mr. Chase displayed ability of the highest order, attracting from the outset the attention and approval of the board of directors. In r867 the presidency of the company was placed at his acceptance. After thorough deliberation Mr. Chase consented to assume the duties and responsibilities of the position, and in June of that year he succeeded Timothy C. Allyn as president. From that time until now he has been at the head of the Hartford Fire, one of the oldest and most successful insurance institutions in the United States. His management of the company's business and interests has been matchless in character, placing him in the foremost rank of fire insurance representatives.

The standing of President Chase as an insurance manager was recognized from the outset by his associates and competitors in the business. In 1876 he was elected president of the National Board of Fire Underwriters and is at present the board chairman of the committee on legislation and taxation, in all respects the most important committee-ship in the organization. President Chase's connection with the national board has been one of commanding influence and leadership. He is a member of the board of trustees of the Society for Savings in this city, which is the largest savings bank in Connecticut, and is also a trustee of the Connecticut Trust and Safe Deposit Company and a director in the American National Bank. He is a leading member of the Hartford Board of Trade and is thoroughly interested in the industrial development and prosperity of the city of which he is so prominent and influential a citizen. President Chase is a member of the Asylum Hill Congregational Church in Hartford, and was elected president of the Connecticut Congregational Club for the fourth annual term in March. This dub is the most important lay organization connected with the congregational churches in the state and wields the most extended influence. The late United States Senator Lafayette S. Foster .of Norwich was its first president. The wife of President Chase, who was Miss Calista M. Taft prior to her marriage, is still living. There are two children, one son and one daughter. The former, Mr. Charles E. Chase, is assistant secretary in the company of which his father has been the president for so many years. The most of President Chase's life has been passed in this city. He has also resided in Chicago, Ill., and. Dubuque, Ia.

From:
Illustrated Popular Biography
Of Connecticut
Compiled and Published by J. A. Spalding
Press of the Case, Lockwood & Brainard Co.
Hartford, Conn. 1891


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