National Insurance Association
Encyclopedia
The National Insurance Association (NIA) is the largest organization representing African American owned and operated insurance companies.
to found the National Negro Insurance Association. C. C. Spaulding
was elected the organization's first president.
In the 1950s, the name of the organization was changed to the National Insurance Association.
Past presidents of the organization include Theodore A. Jones
, former direrctor of the Illinois Department of Revenue
and George A. Beavers, Jr.
, board chairman of the Golden State Mutual Life Insurance Company
.
History
In 1921, 60 men representing 13 African American owned insurance companies met at the home office of North Carolina Mutual Insurance Company in Durham, North CarolinaDurham, North Carolina
Durham is a city in the U.S. state of North Carolina. It is the county seat of Durham County and also extends into Wake County. It is the fifth-largest city in the state, and the 85th-largest in the United States by population, with 228,330 residents as of the 2010 United States census...
to found the National Negro Insurance Association. C. C. Spaulding
Charles Clinton Spaulding
Charles Clinton Spaulding was a prominent business leader who founded North Carolina Mutual Life Insurance Company, which became America's largest black-owned business, with assets of over US$ 40 million at his death....
was elected the organization's first president.
In the 1950s, the name of the organization was changed to the National Insurance Association.
Past presidents of the organization include Theodore A. Jones
Theodore A. Jones
Theodore A. Jones was a leading insurance industry figure who held important positions within both the public and private sectors.-Background:...
, former direrctor of the Illinois Department of Revenue
Illinois Department of Revenue
The Illinois Department of Revenue is a cabinet-level department of the state government of Illinois. It is headquartered in the state capital of Springfield...
and George A. Beavers, Jr.
George A. Beavers, Jr.
George A. Beavers, Jr. was the board chairman of Golden State Mutual Life Insurance Company, which at one time was the largest black-owned business west of the Mississippi.- Life and career :...
, board chairman of the Golden State Mutual Life Insurance Company
Golden State Mutual Life Insurance Company
Golden State Mutual Life Insurance Company, the largest black-owned insurance company in the western United States, was founded by William Nickerson, Jr...
.