Hamburg Fire and the Birth of German Fire Insurance Municipalities
What happened
Following a devastating fire in Hamburg in 1676, the city established the Hamburger Feuerkasse, one of the earliest publicly administered fire insurance institutions in Europe, setting premiums and paying out losses centrally.
Literary impact
The Hamburg model of civic protection against urban disaster influenced German municipal culture; the city's later role as a major publishing and commercial centre meant that notions of communal security and loss shaped the literary world of German Baroque and Enlightenment writing.
Source: Wikipedia