The first place I can recall finding this being used goes back to the early decades of the 1900s and the NECs published then.
Rubber insulated conductors were being perfected, using a largely synthetic compound that was mandated to contain at least (something like) 13% real rubber. Three different identifiers were used: R, H and W
R = The basic 60 degree C, "rubber" insulation with a cotton weave slip that is impregnated with bituminous compounds and further coated with wax.
H = Rubber insulation "Heat" rated for 75 degree C.
HH = "High Heat" rubber insulation rated for 90 degree C.
W = "Wet" moisture rated rubber insulation.
The "T" came with the post World War II evolution of plastics and stands for "Thermoset Plastic."