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Entrepreneurship and Innovation in Automobile Insurance: Samuel P. Black, Jr. and the Rise of Erie Insurance, 1923-1961 (Garland Studies in Entrepreneurship) (Hardcover)

by Samuel P. Black (Author) "This is story that begin with one man's desire to attain success..." (more)
Key Phrases: Pennsylvania Indemnity, Week Bulletin, United States (more...)

5.0 out of 5 stars See all reviews (1 customer review)

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Editorial Reviews

Product Description
This study explores the development of automobile insurance through the career of one of the industry's entrepreneurs, Samuel P. Black, Jr., and Erie Insurance, the company he helped build.

About the Author
Samuel P. Black is one of the pioneers of automobile insurance companies. John Paul Rossi is in the Department of Human and Social Sciences at Penn State University.

Product Details

Hardcover: 304 pages
Publisher: Routledge (May 1, 2001)
Language: English
ISBN-10: 0815329156
ISBN-13: 978-0815329152
Product Dimensions: 9.4 x 6.4 x 1.1 inches
Shipping Weight: 1.6 pounds (View shipping rates and policies)

Average Customer Review: 5.0 out of 5 stars See all reviews (1 customer review)

Amazon.com Sales Rank: #2,365,439 in Books (See Bestsellers in Books)
Popular in this category: (What's this?)
#52 in Books > Nonfiction > Automotive > Insurance

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Inside This Book (learn more)

First Sentence:
This is story that begin with one man's desire to attain success. Read the first page

Key Phrases - Capitalized Phrases (CAPs): (learn more)
Pennsylvania Indemnity, Week Bulletin, United States, Statistical Abstract, Business Week, World War, Government Printing Office, Department of Commerce, New York, Sam Black, Journal of American Insurance, State Farm, Best's Insurance Reports, Keystone Motorist, College of Insurance Library, Entrepreneurial History, Journal of Business Venturing, Black Mss, Erie Indemnity Company, Research Center, Harvard Business Review, Northwest Territory, Historical Statistics, Van de Ven, American Economic Review

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Citations (learn more)

This book cites 85 books:

Principles of Insurance by Robert I. Mehr on 14 pages
Capitalism, Socialism, and Democracy by Joseph A. Schumpeter on 11 pages
The Automobile Age by James J. Flink on 7 pages
Central Problems in the Management of Innovation by Andrew H. Van De Ven on 7 pages
Readings in the Management of Innovation by Michael L. Tushman on 5 pages

See all 85 books this book cites

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2 of 3 people found the following review helpful:

5.0 out of 5 stars Sam Black: A Truly Great Man, June 4, 2004

By	Christopher W. Black (Fairview, PA USA) - See all my reviews (REAL NAME)

My late grandfather was the hardest workingman I have ever known. He and Prof. John Rossi (Penn State Erie) spent years working on this part narrative, part history of the growth of the auto insurance industry in its early years. I would not buy this book for casual reading. It can be a bit dry. However, if you want to read about the growth of the American automobile insurance industry, then this is a very informative read. My grandfather always emulated the "bootstrap" Americans of real life and of literature like Horatio Alger. He recounts this influence in the context of the wide-open years of insurance underwriting. Prof. Rossi does a good job of capturing the sprit of this man who's tenure with the Erie group of insurance companies lasted 70 years from 1927-1997, and saw the company grow from the original investment from H.O. Hurt and Ollie Crawford (the Founders of Erie Insurance) to the multi-billion dollar corporation it is today (listed as the 1748th largest company in the world today in the 2004 Forbes 2000 Index). Grandpa, I will always love you and miss you.

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