One of the first two fire insurance companies organized in the 1700s was what?

The Friendly Society of Charleston is recognized as one of the first two fire insurance companies organized in the 1700s. It was established in Charleston, South Carolina, and played a crucial role in the development of fire insurance as a means to protect property from fire risks. This company was part of the early efforts to provide financial security against the devastation caused by fires, which were common during that era. The establishment of such insurance companies marked the beginning of organized risk management and community cooperation to safeguard property, leading to more formalized insurance practices over time.

In contrast, other companies mentioned in the choices either came into existence later or were not among the pioneers in the fire insurance sector during the 18th century.