query: who founded the north carolina mutual and provident insurance company in 1898

pos: North Carolina Mutual Life Insurance Company North Carolina Mutual Life Insurance Company NC Mutual (originally the North Carolina Mutual and Provident Association and later North Carolina Mutual Life Insurance Company) is an American life insurance company located in downtown Durham, North Carolina and one of the most influential African-American businesses in United States history. Founded in 1898 by local black social leaders, its business increased from less than a thousand dollars in income in 1899 to a quarter of a million dollars in 1910. The company specialized in "industrial insurance," which was basically burial insurance. The company hired salesmen whose main job was to collect small

pos: North Carolina Mutual Life Insurance Company Lawrence. North Carolina Mutual Life Insurance Company NC Mutual (originally the North Carolina Mutual and Provident Association and later North Carolina Mutual Life Insurance Company) is an American life insurance company located in downtown Durham, North Carolina and one of the most influential African-American businesses in United States history. Founded in 1898 by local black social leaders, its business increased from less than a thousand dollars in income in 1899 to a quarter of a million dollars in 1910. The company specialized in "industrial insurance," which was basically burial insurance. The company hired salesmen whose main job was to collect

neg: North Carolina Mutual Life Insurance Company opportunity to help blacks outweighed the risk, and he joined with investors Aaron Moore, William Gaston Pearson, Watson, Shepard, Johnson, and Dawkins to found the North Carolina Mutual and Provident Society in 1898. In the first year, there was a terrible lack of business, and the company lost money overall. Because of this, many investors left North Carolina Mutual, and by the time the company was reorganized in 1900, only Merrick, Moore, and Moore's young nephew Charles Clinton Spaulding remained. Spaulding was appointed General Manager with Merrick serving as President and Moore as his only other principal. Under this leadership,

neg: Aaron McDuffie Moore policies. The partnership between Moore, Spaulding and Merrick as President transformed North Carolina Mutual and Provident Association into a strong enterprise. In 1919, the association was renamed North Carolina Mutual Life Insurance Company. When Merrick died that year, Dr. Moore assumed presidency of North Carolina Mutual until his death in 1923. As President, Moore was insistent that the Company stayed true to the purpose of its founding: Dr. Aaron Moore rooted North Carolina Mutual Life Insurance Company in its "commitment to service", bringing much needed insurance services to the African American community in Durham. The access to reliable insurance services

neg: Charles Clinton Spaulding an idea of an insurance company in 1898 (then named North Carolina Mutual and Provident Association). Merrick and Moore employed Spaulding in 1899 and he soon became general manager. After Moore's death in 1923, Spaulding served as NC Mutual president from 1923 to 1952. The company specialized in "industrial insurance", Which was basically burial insurance. The company hired salesmen whose main job was to collect small payments (of about 10 cents) To cover the insured person for the next week. If the person did die while insured, the company immediately paid benefits of about 100 dollars. This covered the cost

neg: Old North Carolina Mutual Life Insurance Company Building Old North Carolina Mutual Life Insurance Company Building The Old North Carolina Mutual Life Insurance Company Building, also known as the Mechanics and Farmers Bank, is an office building at 114-116 West Parrish Street in downtown Durham, North Carolina. It formerly served as the headquarters for the North Carolina Mutual Life Insurance Company, one of the nation's largest companies founded and owned by African-Americans. The building was declared a National Historic Landmark in 1975. The former North Carolina Mutual Life Insurance Company building is located in downtown Durham, on the northside of West Parrish Street in the area known as

neg: Old North Carolina Mutual Life Insurance Company Building At that time, it was the second-tallest building in Durham, and described by Durham's "Morning Herald" as an "architectural gem". Old North Carolina Mutual Life Insurance Company Building The Old North Carolina Mutual Life Insurance Company Building, also known as the Mechanics and Farmers Bank, is an office building at 114-116 West Parrish Street in downtown Durham, North Carolina. It formerly served as the headquarters for the North Carolina Mutual Life Insurance Company, one of the nation's largest companies founded and owned by African-Americans. The building was declared a National Historic Landmark in 1975. The former North Carolina Mutual Life

neg: Old North Carolina Mutual Life Insurance Company Building of the upper two floors are articulated by paneled pilasters. There are two balustraded concrete balconies projecting from the center bays of the third and fifth floors. The North Carolina Mutual Life Insurance Company was founded in 1898 by a group of seven African-American men, of whom two, John Merrick and Dr. Aaron Moore, survived in the business after one year. Moore's nephew, Charles Clinton Spaulding, took charge of the business in 1900, and it thereafter grew rapidly, becoming by 1910 the nation's largest firm owned by African-Americans. The company had this building constructed in 1921 as its second headquarters.

neg: Hayti, Durham, North Carolina blacks had been excluded from the political system by the state's disfranchising constitution at the end of the 19th century, they were unable to influence the decisions on the location of the freeway. James E. Shepard was one of the founding fathers of Hayti, along with Aaron McDuffie Moore, John Merrick and Charles Clinton Spaulding. Shepard, Moore and Merrick founded the North Carolina Mutual Life Insurance Company (1898), which became the largest and richest African-American company in the United States at the time. It had a land development company as a subsidiary, which helped build much of Hayti. The prosperous

neg: CGU plc Association Ltd. was founded in Perth, Scotland in 1885. It became the General Accident Assurance Corporation Ltd. in 1891. General Accident acquired Yorkshire Insurance Company Ltd. in 1967. All general insurance business was relocated to Perth, with York becoming the centre for the new firm's life assurance and pensions business. General Accident acquired Stevenage-based Provident Mutual Life Assurance Association in 1995, merging it with the GA Life and Pensions business as Provident Mutual Life Assurance Ltd. York became the centre of all life assurance business and Stevenage of all pensions business. Aviva reintroduced the General Accident brand in April 2013.

neg: North Carolina Mutual Life Insurance Company $14.3 billion. North Carolina Mutual Life Insurance now provides many different life insurance products. These include whole and term life, hospital indemnity plans, and pre-need insurance. The company has also introduced medical and dental benefits packages for employer groups. It is licensed to do business in 24 states as well as Washington D. C. and has an alliance with Minnesota Life. It has launched a full service Insurance Agency (the North Carolina Mutual Insurance Agency) offering annuities, disability income, and universal life. The company has had ten presidents in its history, and is currently under the leadership of Michael L.

neg: Friends Provident sponsor the domestic one-day cricket competition, The Friends Provident Trophy. Friends Provident were the main sponsor of Southampton F.C. from 1999 to 2006 and also sponsored the St Mary's Stadium, from its construction in 2001 until 2006. During this time, the venue was officially known as the "Friends Provident St. Mary's Stadium". Friends Provident Friends Provident was an organisation offering life insurance based in the United Kingdom. It was founded as a mutual Friendly Society for Quakers, although it was demutualised in 2001 and became a publicly listed company, no longer linked with the Religious Society of Friends. On 29

neg: Unum insurer. The company later acquired Duncanson & Holt, a reinsurer and insurance underwriter for the accident and health insurance sectors. In 1993, Unum acquired the Colonial Companies, parent company of Colonial Life & Accident Insurance Company. Colonial focused on individual insurance products, including accident, cancer and life insurance policies. Unum began offering individual disability policies under the Unum brand once again in 1995. The Provident companies was founded in Chattanooga, Tennessee in May 1887 as Mutual Medical Aid and Accident Insurance Company. The company originally specialized in providing both medical-aid and accident insurance to employees in high-risk industries, including miners

neg: Friends Provident Friends Provident Friends Provident was an organisation offering life insurance based in the United Kingdom. It was founded as a mutual Friendly Society for Quakers, although it was demutualised in 2001 and became a publicly listed company, no longer linked with the Religious Society of Friends. On 29 March 2011 Friends Provident changed its trading name to Friends Life, although its registered name remains as Friends Provident. The head office was located at 100 Wood Street in London. The registered office is at Pixham End, Dorking in Surrey. It is a member of the Association of British Insurers and is

neg: Friends Provident regulated by the Financial Conduct Authority. It was listed on the London Stock Exchange and a constituent of the FTSE 100 Index until being acquired by buyout firm Resolution in November 2009. F&C Asset Management demerged from Friends Provident in 2009. Friends life is now part of the Aviva group The Company was founded by Samuel Tuke and Joseph Rowntree, both Quakers, in 1832 in Bradford as the "Friends Provident Institution", a friendly society for members of the Religious Society of Friends (Quakers). In 1854 it became a mutual life assurance company. In 1918 it acquired Century Insurance and in

neg: The Tower at Mutual Plaza Mutual Plaza. The Tower at Mutual Plaza The Tower at Mutual Plaza is a 252-foot 14-story skyscraper located in Durham, North Carolina. Built in 1968, the building was previously called the North Carolina Mutual Life Insurance Company Building and Legacy Tower. It was designed by M.A. Ham Associates and Welton Becket and Associates. From 1968 to 1987 this building was Durham's tallest. North Carolina Mutual Life Insurance Company, later called NC Mutual, built the building to serve as its headquarters, replacing the Mechanics and Farmers Bank Building. The words "NC Mutual Life" are shown at the top on all four

neg: The Tower at Mutual Plaza The Tower at Mutual Plaza The Tower at Mutual Plaza is a 252-foot 14-story skyscraper located in Durham, North Carolina. Built in 1968, the building was previously called the North Carolina Mutual Life Insurance Company Building and Legacy Tower. It was designed by M.A. Ham Associates and Welton Becket and Associates. From 1968 to 1987 this building was Durham's tallest. North Carolina Mutual Life Insurance Company, later called NC Mutual, built the building to serve as its headquarters, replacing the Mechanics and Farmers Bank Building. The words "NC Mutual Life" are shown at the top on all four sides. The

neg: Julian Myrick Julian Myrick Julian Southall Myrick (March 1, 1880 – January 4, 1969) was an insurance salesman and promoter of tennis from the United States. Myrick was born in Murfreesboro, North Carolina on March 1, 1880. In 1898, Myrick entered the insurance business as an application clerk at the Mutual Insurance Company. In 1906, Myrick partnered with his colleague Charles Ives to start their own company, Ives and Myrick. Myrick is known for his contributions to insurance industry. In 1910, he was involved in founding the first training college for insurance agents. Myrick also helped set up American College of Life

neg: Colonial Life & Accident Insurance Company who was successful at selling individual accident insurance policies. Averyt later moved to South Carolina to become the regional manager of a firm that sold savings bonds, United Securities Company of Kansas City, Missouri. In 1937, he earned a $2,000 commission. He raised an additional $3,000 from investors and founded Mutual Accident Company the same year. Mutual Accident Company originally sold $1,000 accident policies for $3 annually; policies that were very similar to the policies sold by Averyt's former classmate. Mutual Accident Company was converted to a stockholder company in 1939 and renamed Colonial Life & Accident Insurance Company. Edwin

neg: Julian Myrick election in 1920, Myrick supported Democratic candidate James M. Cox for his stand on League of Nations. Myrick helped in gathering public support for the recommendations of the Hoover Commission. Julian Myrick Julian Southall Myrick (March 1, 1880 – January 4, 1969) was an insurance salesman and promoter of tennis from the United States. Myrick was born in Murfreesboro, North Carolina on March 1, 1880. In 1898, Myrick entered the insurance business as an application clerk at the Mutual Insurance Company. In 1906, Myrick partnered with his colleague Charles Ives to start their own company, Ives and Myrick. Myrick is

neg: Provident Tradesmens Bank & Trust Co. v. Patterson John Lynch. Harris, however, survived. Provident Tradesmens Bank, the administrator of Lynch's estate, sued the estate of Cionci (the car's driver) in federal district court pursuant to diversity jurisdiction. Cionci's estate, in turn, notified Lumbermens Mutual Casualty Company, Dutcher's insurance company, alleging that Lumbermen's had a duty to defend pursuant to Dutcher's insurance policy. However, Lumbermens declined to defend Cionci's estate in the suit by Provident, asserting that Cionci had not had permission to drive Dutcher's vehicle and hence was not covered by the policy. The suit by Provident against the estate of Cionci was subsequently settled for $50,000 but

neg: Nodak Mutual Insurance Company Nodak Mutual Insurance Company Nodak Insurance Company is an insurance company based in Fargo, North Dakota. It was founded in 1946 by North Dakota farmers and ranchers to protect their businesses from natural disasters. Nodak Insurance Co offers insurance plans covering home, farm and ranch, auto, business, crop-hail, life, long-term care, health, as well as securities and annuities. The first leader of the organization was George W. "Bill" Nygaard, who ran the company from 1943 until his retirement in 1968. It was re-organised as a closely held, listed corporation in 2017 It is affiliated with the North Dakota Farm Bureau.

neg: Nodak Mutual Insurance Company Nodak Mutual Insurance Company Nodak Insurance Company is an insurance company based in Fargo, North Dakota. It was founded in 1946 by North Dakota farmers and ranchers to protect their businesses from natural disasters. Nodak Insurance Co offers insurance plans covering home, farm and ranch, auto, business, crop-hail, life, long-term care, health, as well as securities and annuities. The first leader of the organization was George W. "Bill" Nygaard, who ran the company from 1943 until his retirement in 1968. It was re-organised as a closely held, listed corporation in 2017 It is affiliated with the North Dakota Farm Bureau.

neg: National Insurance Association National Insurance Association Apparently unrelated to the organization below, there are phone scammers who are saying they represent the National Insurance Association. They attempt to obtain information from anyone who answers. Hang up and do not give them any personal information. The National Insurance Association (NIA) is the largest organization representing African American owned and operated insurance companies. In 1921, 60 men representing 13 African American owned insurance companies met at the home office of North Carolina Mutual Life Insurance Company in Durham, North Carolina to found the National Negro Insurance Association. C. C. Spaulding was elected the organization's first

neg: Josiah Ogden Watson individually subscribed $10,000 of stock in the North Carolina Railroad and owned 40 shares of company stock at his death. Construction began in 1851 and was completed in 1856. J. O. Watson was involved in several businesses including the Neuse Manufacturing Company, the North Carolina Mutual (Fire) Insurance Company, and the North Carolina Mutual Life Insurance Company. Josiah was also postmaster of Pineville post-office in the 1830s and 1840s. Dr. Watson was a parishioner at Christ Episcopal Church, and was baptized there on 12 January 1840. He represented the church as a lay delegate at many annual conventions of the

neg: North Carolina Mutual Life Insurance Company of care within the African American community. Du Bois praised the success of North Carolina Mutual and commends the company for avoiding common pitfalls. He specifically attributed the success of Durham as a whole to the drive of Merrick, Moore, and Spaulding. Du Bois believed that their ingenuity in the formation of N. C. Mutual was the beginning and cornerstone of "the economic building of black Durham" for which the city came to be known. The N. C. Mutual Life Insurance business came to represent a major divergence from the militant strategy of W. E. B. Du Bois. It mirrored

neg: UIA Mutual UIA Mutual UIA (Insurance) Limited is a mutual insurance company in the United Kingdom, providing general insurance products to members of the trade union movement and other not-for-profit organisations. It is a member of the Association of British Insurers and is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority. UIA (Insurance Services) Limited is a wholly owned subsidiary. UIA Mutual was registered in 1890 under the Industrial and Provident Societies Act 1876 as The Poor Law and Local Government Officers' Mutual Guarantee Association Ltd. In 1929, this became The National Association of Local Government Officers'

neg: Nationwide Mutual Insurance Company from the membership dues of the Ohio Farm Bureau Federation. At that time, Ohio law required 100 people to pledge to become policyholders. The first agents managed to recruit ten times that number, and on April 14, 1926, Farm Bureau Mutual started business with over 1,000 policyholders. The first product of the new company, as its name implied, was automobile insurance. The company wrote policies only to Ohio farmers who were members of the Ohio Farm Bureau. In 1928, Farm Bureau Mutual expanded to West Virginia, followed by Maryland, Delaware, Vermont, and North Carolina. Farm Bureau Mutual began underwriting residents

neg: John Merrick (insurance) Carolina Mutual Life Insurance Company. He was “concerned with providing insurance protection for his race” and used his initial success in the barbershop business to launch a new company that would ease this concern and aid his people. The formation of Merrick's first company served as a transition into other ways that Merrick could help his African American community: he started the Merrick-Moore-Spaulding Real Estate Company in order to provide blacks in Durham with real estate insurance, because “regulations prevented North Carolina Mutual Life from offering” this service to customers. Merrick's formation of the black Mechanics and Farmer's Bank also

neg: Aaron McDuffie Moore significant figures such as John Merrick, with whom he would later found the North Carolina Mutual Life Insurance Company. In October 1898, Dr. Moore, John Merrick and six other Black men gathered in Moore's office to organize an insurance association. They intended "to aid Negro families in distress" by this enterprise. They were inspired by similar associations organized by blacks in Richmond, Virginia, in 1893 and 1894. During the meeting, each man pledged $50 to the association. They agreed to draw up a charter for the business, to be "presented as a bill before the State Assembly" in January 1899.

neg: Leonard Hall (Shaw University) founded the Old North State Medical Society, the nation's oldest association of black physicians. He also founded a tuberculosis sanatorium in Southern Pines that treated many people from Raleigh. Aaron McDuffie Moore, graduate of the 1888 class, became the first African-American physician in Durham. He co-founded the North Carolina Mutual Insurance Company, the largest and oldest black-owned business in the United States. Moore convinced philanthropist Washington Duke to build a hospital instead of a monument as a better way to honor black troops who fought for the Confederate Army during the Civil War. Clinton Caldwell Boone, earned the Doctor of

neg: Massachusetts Mutual Life Insurance Company services, and annuities. Major affiliates include Barings LLC, Haven Life Insurance Agency, and OppenheimerFunds, Inc. Massachusetts Mutual Life Insurance Company (MassMutual) began operation on May 15, 1851 in Springfield, Massachusetts. It was founded by George W. Rice, who subscribed for a guarantee capital of $100,000. As an insurance agent who sold policies for Connecticut Mutual Life Insurance Company in Hartford, Connecticut, Rice wanted to open a company of his own in neighboring Massachusetts. Similar to Connecticut Mutual, this new enterprise grew into a mutual company. The popularity of mutual companies in the insurance industry had grown significantly between 1843 and

neg: North Carolina Mutual Life Insurance Company on the value of "the active friendship of the Duke family, General Julian Carr, and [other influential white people]." He went on to mention "the disposition of white citizens of Durham to say: 'Hands off – give them a chance – don't interfere.'" This disposition is what he believed to be one of the great contributors to Durham success. Today, North Carolina Mutual Life Company still stands and operates in Durham. It currently services as clients all across the world through partnerships and offices in many states. The company has total assets of $162 million, with net life insurance of

neg: Nationwide Mutual Insurance Co. v. Darden Nationwide Mutual Insurance Co. v. Darden Nationwide Mutual Insurance Co. v. Darden, 503 U.S. 318 (1992), is a US labor law case, concerning the scope of protection for employees, under the Employee Retirement Income Security Act of 1974 (ERISA). The Court held that principles of agency were relevant to interpreting the concept of "employee". Robert Darden sold Nationwide Mutual Insurance Company policies from 1962 to 1980 in Fayetteville, North Carolina. His agency contract stated he would be enrolled in the company retirement plan. The contract said, if his job terminated, he would forfeit entitlements if he worked and competed with

neg: Physicians Mutual Physicians Mutual Physicians Mutual is a privately held insurance company headquartered in Omaha, Nebraska, United States, that consists of Physicians Mutual Insurance Company and Physicians Life Insurance Company. Founded as Physicians Mutual Insurance Company in 1902 by Edwin E. Elliott, Physicians Mutual began by selling health insurance to medical professionals. Policies were offered to the general public starting in 1962, and by 1970 the company expanded into life insurance when it founded Physicians Life Insurance Company. Today the company offers a variety of insurance products, annuities, Medicare, Medigap, Medicare Supplement, Term Life Insurance, Whole Life Insurance, Cancer and funeral pre-planning

neg: North Carolina Mutual Life Insurance Company National Negro Insurance Association and the National Negro Bankers Association in the early 1900s and was one of few African American members of the New York Chamber of Commerce beginning in 1942. He also served on boards of trustees at Shaw University and North Carolina College. He was awarded the Harmon Foundation Gold medal for distinguished achievement in business, and he received honorary Law doctorates from Shaw University, Tuskegee University, and Atlanta University. N. C. Mutual has had long-lasting impacts on the Durham society and the way people view Durham. Durham, North Carolina was known in the 1800s to have

neg: Amica Mutual Insurance Amica Mutual Insurance Amica Mutual Insurance Company is a Rhode Island-based mutual insurance company that offers auto, home and life insurance. Amica was founded in 1907 by A.T. Vigneron and originally offered auto, fire and theft insurance. Since then, Amica has expanded to offering auto, home and life insurance, as well as owning a number of subsidiary insurance companies. It is the oldest mutual insurer of automobiles in the United States. Originally named the Automobile Mutual Insurance Company of America, Amica was founded in 1907 by A.T. Vigneron in Providence, Rhode Island. Amica was organized as a mutual insurance company,

neg: Physicians Mutual services. It holds over US$3 billion in assets and employs over one thousand people. Robert A. Reed is chief executive officer and president. Physicians Mutual Physicians Mutual is a privately held insurance company headquartered in Omaha, Nebraska, United States, that consists of Physicians Mutual Insurance Company and Physicians Life Insurance Company. Founded as Physicians Mutual Insurance Company in 1902 by Edwin E. Elliott, Physicians Mutual began by selling health insurance to medical professionals. Policies were offered to the general public starting in 1962, and by 1970 the company expanded into life insurance when it founded Physicians Life Insurance Company. Today

neg: John Merrick (insurance) John Merrick (insurance) John Merrick (1859–1919) was an African-American entrepreneur whose life represents a rags-to-riches story. Born into slavery in Clinton, North Carolina, Merrick relied on his social savvy, entrepreneurial spirit, and inner drive to achieve great personal wealth by founding various companies in the Raleigh, North Carolina and Durham, North Carolina areas, most notably the North Carolina Mutual Life Insurance Company. Portions of his wealth were channeled back into the black community through philanthropy. John Merrick was a great man- his business acumen and social consciousness made him one of the most influential members of the African-American community in

neg: John Merrick (insurance) the Merrick family included five children—three daughters (Geneva, Mabel and Martha) and two sons (Edward and John). The household also included other extended family members. John Merrick (insurance) John Merrick (1859–1919) was an African-American entrepreneur whose life represents a rags-to-riches story. Born into slavery in Clinton, North Carolina, Merrick relied on his social savvy, entrepreneurial spirit, and inner drive to achieve great personal wealth by founding various companies in the Raleigh, North Carolina and Durham, North Carolina areas, most notably the North Carolina Mutual Life Insurance Company. Portions of his wealth were channeled back into the black community through philanthropy.

neg: North Carolina Mutual Life Insurance Company the tendency of the blacks in Durham to follow the gradualist plan of Booker T. Washington. N. C. Mutual was founded to bring about "racial self-help and uplift," which are mentioned on the company's website as "traditions of the Company dating back to its founding." Its goal was to help them overcome the differences of a segregated society through economic pursuits. The company generated massive revenue for black Durham without the involvement of whites. That revenue was then used to better the situation of blacks throughout the community. This process all but embodied Washington's ideals to win equality financially and

neg: Provident Life & Trust Company Provident Life & Trust Company The Provident Life & Trust Company in Philadelphia, Pennsylvania, a demolished Victorian-era building by architect Frank Furness, is considered to have been one of his greatest works. A bank and insurance company founded in 1865 by members of the Society of Friends (Quakers), the Provident's L-shaped building had entrances at 407-09 Chestnut Street (bank) and 42 South 4th Street (insurance company). The two wings were eventually consolidated into an office building (also by Furness) at the northwest corner of 4th & Chestnut Streets. In his Brazilian Pavilion at the 1876 Centennial Exposition, and his Centennial

neg: AMP Limited AMP Limited AMP is a financial services company in Australia and New Zealand providing superannuation and investment products, insurance, financial advice and banking products including home loans and savings accounts. AMP shares are included in the Australian Securities Exchange's S&P/ASX 50 index. Its headquarters are in Sydney, Australia. The Australian Mutual Provident Society was formed in 1849 as a non-profit life insurance company and mutual society. In 1998, it was demutualised into an Australian public company, AMP Limited, and listed on the Australian and New Zealand stock exchanges. AMP has one of Australia’s largest shareholder registers, with most shareholders living

neg: Mutual insurance in the United States in 1752 when Benjamin Franklin established the Philadelphia Contributionship for the Insurance of Houses From Loss by Fire. Mutual property/casualty insurance companies exist now in nearly every country around the globe. The global trade association for the industry, the International Cooperative and Mutual Insurance Federation, claims 216 members in 74 countries, in turn representing over 400 insurers. In North America the National Association of Mutual Insurance Companies (NAMIC), founded in 1895, is the sole representative of U.S. and Canadian mutual insurance companies in the areas of advocacy and education. The "mutual holding company" structure was first

neg: Unum and coal workers. Within a few months, the company’s founders became concerned that a single disease epidemic would bankrupt the company. Mutual Medical Aid and Accident purchased back all outstanding medical-aid policies and reincorporated as Provident Accident Insurance Company. Provident only issued accident policies. In 1892, Thomas Maclellan and John McMaster purchased a 50% stake in the company for $1000. The two men purchased the remaining 50% equity in 1895 and Maclellan was the company's sole owner and president by 1900. Maclellan reorganized the company from being mutually held to a stock company in 1910. Thomas Maclellan served as president

neg: North Carolina Mutual Life Insurance Company Moore, two particularly influential men in Durham's history. North Carolina Mutual and its prosperity brought many good things to Durham's black community, and its founders and organizers were important contributors to social and economic progress in the city and particularly in its African American community. North Carolina Mutual was the brainchild of black entrepreneur John C. Merrick in the late 1800s. Merrick was born into slavery as the son of a white man and a former slave in 1859. He grew up in Raleigh and Chapel Hill, two cities near Durham, and he learned various skills such as bricklaying and

neg: Elisha Ticknor first insurance company in the city, Massachusetts Mutual Fire Insurance Company, and the first savings bank there, Provident Institution for Savings. In 1818 he presented a plan to prevent the causes and perfect the cure of pauperism in Boston. He stressed the importance of reducing illiteracy. Elisha Ticknor Elisha Ticknor (25 March 1757 Lebanon, Connecticut - 22 June 1821 Hanover, New Hampshire) was an educator and merchant primarily in Boston, Massachusetts. He was the father of George Ticknor, who became a professor and renowned expert at Harvard University in the history and criticism of Spanish literature. In 1774, Ticknor's parents

neg: North Carolina Mutual Life Insurance Company people of Durham many new job opportunities as it grew. Primarily, it offered much-needed life insurance to the black community of Durham, and it gave them a business on which they could rely and place their trust. The people of Durham took just as much pride in the "multi-million dollar enterprise" that was N. C. Mutual as they did in the progressive nature of their city. As the company grew, it came to be a symbol of African American success and the success of Durham as a whole. Durham became a national magnet for prominent black leaders, who celebrated the

neg: Black Wall Street (Durham, North Carolina) by profession, Merrick gained enough money through income and loans to open North Carolina Mutual Life Insurance, which was later expanded with the efforts of Charles Spaulding. Serving as the president of North Carolina Mutual starting in 1923, Spaulding enjoyed the reputation as America’s leading black businessman. In 1900, when Spaulding became general manager, NC Mutual was on the brink of failure. By 1910 the company was title as "the world's largest Negro business." Spaulding and two of the original founders, John Merrick and Dr. Aaron M. Moore (Spaulding's uncle), were heralded in the Afro-American community as the "Triumvirate," the

neg: Christman Building (Lansing, Michigan) Christman Building (Lansing, Michigan) The Christman Building is an office building located at 208 North Capitol Avenue in Lansing, Michigan. It was listed on the National Register of Historic Places in 1980. The Christman Building was built as the "Mutual Building" for Michigan Millers Mutual Fire Insurance Company in 1928. Millers Mutual was founded in 1881 to provide fire insurance protection for mills. Their offices were located in the nearby Michigan Millers Mutual Fire Insurance Company Building from 1890 until 1928. In that year, Millers Mutual hired the Chicago architectural firm of Pond & Pond, Martin & Lloyd to design

neg: Massachusetts Mutual Life Insurance Company scheme and ultimately lost $3.3 billion in the resulting scandal. Irving Picard, the receiver who is recovering money from the Ponzi scheme, extracted a settlement from Tremont worth over one billion dollars. Massachusetts Mutual Life Insurance Company The Massachusetts Mutual Life Insurance Company (MassMutual), founded in 1851, is an American mutual life insurance company serving five million clients. With headquarters in Springfield, Massachusetts, the company employs more than 7,000 in the United States, and a total of 10,614 internationally. MassMutual ranked No. 93 in the 2018 Fortune 500 list of the largest United States corporations by total revenue. The company

neg: Unum of Provident until he was struck by an automobile and unexpectedly died 1916. Robert Maclellan, the son of Thomas, assumed the presidency of Provident following his father's death. Provident began selling life insurance the following year, in 1917, and the first life insurance policy issued by the company covered Robert Maclellan's life. The company also began offering railroad insurance. Provident wrote its first group policy in 1924. The company expanded its operations with its 1926 acquisition of Detroit, Michigan-based Standard Accident Company. Provident operated in 34 states by 1928. It also acquired Southern Surety Company in 1931 and Meridian Insurance

neg: North Carolina Mutual Life Insurance Company Carolina Mutual. W.E.B. Du Bois had a different approach, supporting agitation to demand full civil rights for blacks—yet he also celebrated Durham. Reflecting on his visit to Durham, he notes that the "social and economic development [of African American people in the city] is perhaps more striking than that of any similar group in the nation." He goes on to mention the actions of C. C. Spaulding, then general manager of N. C. Mutual, who took children from a school to town "to show them what colored People were doing in Durham." He saw Spaulding's action as an abnormal display

neg: Atlantic Mutual Insurance Company Atlantic Mutual Insurance Company The Atlantic Mutual Insurance Company is a mutual insurance company which offers personal, marine, commercial property, and casualty insurance. It is part of the Atlantic Mutual Companies, which includes Centennial Insurance Company. Its corporate headquarters are at 140 Broadway, a block from the World Trade Center. The company was founded in 1838 as the Atlantic Insurance Company. Originally a joint-stock company, it became a mutual company in 1842. Its first chairman was Walter Restored Jones, a member of a prominent upper-class family of attorneys in New York City. The Jones family ran the company for decades.

neg: Liberty Mutual was opened in 1914, and later that year, the company wrote its first automobile insurance policy. The company was founded as a Massachusetts Mutual Company, where its insureds have ownership in the company. The name was changed in 1917 to the Liberty Mutual Insurance Company and, through partnerships, the company began offering full-coverage auto policies. In 1964, Liberty Mutual Insurance Company began offering life insurance through its Liberty Life Assurance Branch. In 2002, the company converted into its current mutual holding company structure. The conversion was controversial, as it proposed to give policyholders an interest in the mutual insurance company,

neg: Gore Mutual Insurance Company Gore Mutual Insurance Company Gore Mutual Insurance is a Canadian Insurance company founded on June 18, 1839. Gore Mutual has two offices in Canada, the head office is located in Cambridge Ontario and a western office that is located in Vancouver, British Columbia. In 2014 Gore Mutual was voted #1 insurance provider in Ontario by The Insurance Brokers Association of Ontario (IBAO). After a failed attempt in 1837, Gore Mutual Insurance known at that time as ""The Gore District Mutual Fire Insurance Company"" was created by an unknown business man from Brantford on June 18, 1839 after rediscovering the subscription

neg: Mutual of Omaha Mutual of Omaha Mutual of Omaha is a privately held Fortune 500 mutual insurance and financial services company based in Omaha, Nebraska. Founded in 1909 as Mutual Benefit Health & Accident Association, Mutual of Omaha is a multi-line organization providing insurance, banking, and financial products for individuals, businesses and groups throughout the United States. The company provides a variety of health insurance options and product services, including Medicare Supplement, life insurance, long-term care coverage and annuities, as well as group coverage including life, disability and 401(k). Mutual of Omaha has multiple subsidiaries including: Founded in 1926, this company provides life

neg: Navy Mutual Aid Association War, respectively. Membership was re-opened shortly after both wars ended. To qualify to become a member of Navy Mutual Aid Association the person must on active duty, in the Reserve Component, or retired from the following U.S. military branches: or be an honorably discharged veteran of the Navy, Marine Corps, Coast Guard, NOAA, or USPHSCC who resides in Hawaiʻi, Maryland, North Carolina, South Carolina, and Virginia. Navy Mutual Aid Association offers Life Insurance and Annuities services to its members. Navy Mutual Aid Association offers these types of life insurance: Navy Mutual Aid Association offers these types of annuities: The current

neg: Kenneth Spaulding the 2016 North Carolina gubernatorial election. He lost the primary to Roy Cooper, who ended up winning the election. Spaulding is the son of Asa T. Spaulding Sr., former president of North Carolina Mutual Life Insurance Company, and Elna Spaulding, Durham’s first female county commissioner. He is married to Wendy Spaulding, with whom he has five children. Spaulding is a graduate of Howard University (cum laude, 1967), where he received a Bachelor of Arts degree in Government with minors in Business Administration and Sociology. He received his Juris Doctorate from the University of North Carolina School of Law in 1970.

neg: Mutual of America Mutual of America The Mutual of America Life Insurance Company, also referred to as Mutual of America, is a Fortune 1000 mutual company based in Manhattan, New York City. Founded in 1945, it is ranked on the Forbes 500 list as the tenth-largest mutual life insurance company in the United States. Mutual of America specializes in providing pension and retirement-related products, programs, and services. The company offers products like variable universal life insurance, group life insurance, and disability insurance. Mutual of America provides products and services for employee benefit plans of for-profit and nonprofit organizations, their employees, life insurance, retirement

neg: Bill Foster (baseball) North Carolina, where his childhood sweetheart Thelma Quigless lived. He also played semiprofessional baseball in 1940 in nearby Princeville, North Carolina. Foster and Quigless were married in 1941. Foster took a job in insurance policy sales with the North Carolina Mutual Life Insurance Company. He later divorced Quigless. Foster married again and returned to Mississippi. From 1960 to 1977, Foster was a dean and the baseball coach at his alma mater, Alcorn Agricultural and Mechanical College. In 1978 Foster died in Lorman, Mississippi. The Foster Baseball Field at McGowan Stadium in Lorman, the home field for Alcorn State baseball, is

neg: Michigan Millers Mutual Fire Insurance Company Building Michigan Millers Mutual Fire Insurance Company Building The Michigan Millers Mutual Fire Insurance Company Building is a historic office block located at 120-122 West Ottawa Street in Lansing, Michigan. It was listed on the National Register of Historic Places in 1980. The Michigan Millers Mutual Fire Insurance Company was founded in 1881 to provide fire insurance protection for mills. In 1890, the company hired local Lansing architect Darius B. Moon to design an office building. The company occupied the building from 1890 until 1928 when they built the larger Mutual Building located nearby. The Michigan Millers Mutual Fire Insurance Company

neg: North Carolina Mutual Life Insurance Company is the largest and oldest African American life insurance company in the United States to this day. In fact, the company came to be known as the world's largest African American business in only its first few years and is claimed by its home city of Durham as an important landmark. In the late 1800s and throughout the 1900s, Durham was known as "The Black Wall Street of America." for the progress that African Americans were making within the town. The company's founders, thought to be inspired by North Carolina business tycoon Washington Duke, included John Merrick and Aaron McDuffie

neg: Devitt Insurance Devitt Insurance Devitt Insurance Services Limited is a privately owned insurance broker based in Romford, England and have been arranging insurance in the UK since 1936. Devitt is a specialist motorbike insurance company, but also arrange car insurance, van insurance, home insurance and business insurance. Devitt administrate motorbike insurance schemes for other large UK brands including BMW Motorrad in the UK, Post Office, RAC and The Salvation Army. They compare quotes from their insurance panel, which includes Ageas, Aviva, AXA, Chaucer, Equity Red Star, LV, NIG and Provident. Devitt's roots can be traced back to Thomas Henry Devitt who founded

neg: AMP Limited Pacific (excluding Japan) region. AMP has four main business areas: David Jones was a foundation director in 1848. George King was chairman for fifteen years from the 1850s. Richard Teece was general manager and actuary from 1890 and a director from 1917 to 1927. The Australian Mutual Provident Society was formed in 1849 as a non-profit life insurance company and mutual society. In 1998, it was demutualised into an Australian public company, AMP Limited, and listed on the Australian and New Zealand stock exchanges. In 2003, the company demerged its UK operations, creating the Henderson Group. Many of the older

neg: African-American businesses aid was forthcoming. By far the most prominent black entrepreneur of the century of was Charles Clinton Spaulding (1874 – 1952), president of North Carolina Mutual Life Insurance Company in Durham North Carolina. It was the nation's largest black-owned business. It operated a system of industrial insurance, whereby its salesmen collected small premiums of about 10 cents every week from its clients. That provided them insurance for the following week; if the client died the salesman immediately arranged payment of the death benefit of about $100. That paid for suitable funeral, which was a high prestige event to the black

neg: Western Mutual Insurance Group Commission. Western Mutual was incorporated under the laws of California on March 7, 1942 as a county mutual fire insurer with the title Coast Mutual Fire Insurance Company of Los Angeles County. It commenced business on April 30, 1942. Residence Mutual Insurance Company was founded in 1949. On June 27, 1973 amended articles of incorporation changed the form of operation to that of a general mutual insurance company with multiple line authority and the present title of Western Mutual was adopted. The group expanded from California to writing insurance in Nevada and Colorado in 2002. In 2005, Arizona Home Insurance

neg: Zachariah Allen premium. Allen studied the problem and in 1835 joined with several other mill owners to establish the Providence Manufacturers Mutual Fire Insurance Company, introducing a system of basing premiums on the effectiveness of safety equipment based on the nature of the business, adequacy of the apparatus and the safe methods of factory construction. In 1848, Allen formed another mutual insurance company, Rhode Island Mutual Fire Insurance Company to supplement Manufacturers' Mutual. Two years later, the Boston Manufacturers Mutual Insurance Company was founded by James Read and others, after consultation with Allen. The system of factory mutual insurance would be duplicated

neg: Manufacturers Mutual Insurance Manufacturers Mutual Insurance The Manufacturers' Mutual Accident Insurance Association Limited was an Australian insurance company founded in 1914 primarily targeting the Workers' Compensation market. It was renamed Manufacturers Mutual Insurance, abbreviated MMI in 1920. In 1960 the company acquired "The Western Australian Insurance Company Limited", expanding again in 1989 with the acquisition of "Chamber of Manufacturers Insurance". The final acquisition was in 1993 for "Switzerland Insurance Australia Limited". The company was known for its subsidiary lines, starting in 1987 with "Combrook Pty Limited", an injury rehabilitation provider, and 1997 introducing "DirecDial Financial Services Limited" and "SafetyNet Services Pty Ltd". DirecDial

neg: Massachusetts Mutual Life Insurance Company Massachusetts Mutual Life Insurance Company The Massachusetts Mutual Life Insurance Company (MassMutual), founded in 1851, is an American mutual life insurance company serving five million clients. With headquarters in Springfield, Massachusetts, the company employs more than 7,000 in the United States, and a total of 10,614 internationally. MassMutual ranked No. 93 in the 2018 Fortune 500 list of the largest United States corporations by total revenue. The company has revenues of $29.6 billion and assets under management of $675 billion (as of 2016). MassMutual provides financial products such as life insurance, disability income insurance, long term care insurance, retirement/401(k) plan

neg: Brotherhood Mutual Insurance Company camps, and missions. Brotherhood Mutual Insurance is rated A (Excellent) by A.M. Best. In 2007, Brotherhood Mutual denied coverage to the West Adrian United Church of Christ in Michigan, citing higher risks due to the church's endorsement of gay marriage Brotherhood Mutual Insurance Company Brotherhood Mutual Insurance Company is an American insurance company primarily serving churches and related institutions (such as schools, camps, colleges). They are the second largest U. S. provider of property and casualty insurance to Christian churches and related ministries. Their home office is in Fort Wayne, Indiana. They were founded in 1917 by a group of

neg: Norwich and Peterborough Building Society The Norwich Building Society was founded in 1852 under the imposing title of Norwich and District Provident Permanent Benefit Building and Freehold Land Society. This was unconnected with the mutual Norwich Union Society for the Insurance of Houses, Stock and Merchandise from Fire, which had been founded in 1797. After the Second World War, in 1947, the Norwich Benefit Building Society incorporated, ceasing to act in the name of its trustees, and the name was simplified. The Society absorbed Thetford, Norfolk and Suffolk Mutual Benefit Building Society in 1961. Shortly after, in 1860, Peterborough Provincial Benefit Building Society was established

neg: Australian Mutual Provident Society Building the company's powerful presence in the main streets of many of Queensland's towns and cities. The building was designed by prominent architects Hall and Cook, who also designed the AMP's Queensland headquarters erected in Brisbane in 1931-34, and who had a notable presence in North Queensland in the 1930s. Australian Mutual Provident Society Building The Australian Mutual Provident Society Building is a heritage-listed office building at 416-418 Flinders Street, Townsville CBD, City of Townsville, Queensland, Australia. It was designed by Hall and Cook and built from 1937 to 1938 by Stuart Brothers. It is also known as the former AMP

neg: Lorraine H. Morton Lorraine H. Morton Lorraine Hairston Morton (December 8, 1918 – September 8, 2018) was an American politician who was the mayor of Evanston, Illinois, from 1993 to 2009. Morton was Evanston's first African-American mayor, first Democratic mayor, and longest-serving mayor. She is also notable for spearheading the desegregation of Evanston's public schools as a teacher and school principal. Morton was born in Winston-Salem, North Carolina, the youngest child of Keziah Hairston, a schoolteacher, and William Patrick Hairston, a prosperous businessman who helped found the Winston Mutual Life Insurance Company (now the Golden Gate Insurance Company). She received a bachelor degree

neg: Gore Mutual Insurance Company 80% of Gore Mutual staff being under the age of 35. Since 2002 the percentage of paper used has decreased sufficiently. Underwriting and claims departments are fully paperless. Gore Mutual's success implementing a paperless office has inspired some insurance brokerages to also turn their office into a paperless office. Gore Mutual Insurance Company Gore Mutual Insurance is a Canadian Insurance company founded on June 18, 1839. Gore Mutual has two offices in Canada, the head office is located in Cambridge Ontario and a western office that is located in Vancouver, British Columbia. In 2014 Gore Mutual was voted #1 insurance

neg: Grinnell Mutual Company, a subsidiary of Grinnell Mutual, was named the Number One Best Value for auto insurance in North Dakota and Missouri for the year 2016. Grinnell Select Insurance Company named #1 Best Value for auto insurance for North Dakota and Missouri for the year 2016.|URL= https://www.streetinsider.com/Press+Releases/Grinnell+Select+Insurance+Wins+ValChoice+Award+for+%231+Best+Value+for+Car+Insurance/13159693.html. Grinnell Mutual Grinnell Mutual is a mutual reinsurance company based in Grinnell, Iowa, United States. The company operates in 19 states. On February 6, 2018, A.M. Best issued an 'A' (Excellent) rating for financial strength and an 'a' with a positive outlook long-term issuer credit rating for Grinnell Mutual. It has received an 'A'

neg: Insurance in India became the first Indian insurer. At the dawn of the twentieth century, many insurance companies were founded. In the year 1912, the Life Insurance Companies Act and the Provident Fund Act were passed to regulate the insurance business. The Life Insurance Companies Act, 1912 made it necessary that the premium-rate tables and periodical valuations of companies should be certified by an actuary. However, the disparity still existed as discrimination between Indian and foreign companies. The oldest existing insurance company in India is the National Insurance Company, which was founded in 1906, and is still in business. The Government of India

neg: Amica Mutual Insurance meaning that company was owned by policyholders rather than stockholders. In 1941, Amica opened its first branch office in Boston, Massachusetts, and now has 44 locations nationwide. The company added homeowners’ insurance in 1956, and later added marine and umbrella insurance. In 1994, Amica’s corporate office moved from Providence, Rhode Island, to a larger campus in nearby Lincoln. In 2007, Amica celebrated its 100th year of business. Amica Mutual Insurance Amica Mutual Insurance Company is a Rhode Island-based mutual insurance company that offers auto, home and life insurance. Amica was founded in 1907 by A.T. Vigneron and originally offered auto,

neg: Brotherhood Mutual Insurance Company Brotherhood Mutual Insurance Company Brotherhood Mutual Insurance Company is an American insurance company primarily serving churches and related institutions (such as schools, camps, colleges). They are the second largest U. S. provider of property and casualty insurance to Christian churches and related ministries. Their home office is in Fort Wayne, Indiana. They were founded in 1917 by a group of evangelical Mennonites. Brotherhood Mutual provides insurance to approximately 55,000 customers throughout the United States. Types of insurance provided include property, liability, commercial auto, workers' compensation, and travel. They also provide legal, payroll, and travel assistance services to churches, K-12 schools,

neg: Louis Austin liberties, including the right to vote. Throughout Austin's childhood, his father William taught him to stand up for his rights. As a young adult, Austin was enraged about racial discrimination, and spoke out about these type of injustices at his school. As a result, his parents sent him to finish his high school education at the Joseph K. Brick School in Edgecombe County. Austin then attended the National Training School (now North Carolina Central University) in Durham, North Carolina. After graduating college, Austin worked for the North Carolina Mutual Life Insurance Company, a black-owned company based in Durham. Since "Freedom's

neg: Teachers Assurance financial services to members. Teachers Assurance Teachers Assurance (officially Teachers Provident Society Limited and previously known as the Teachers Group and simply Teachers) is a friendly society in the United Kingdom. The company offers a range of savings, investment home insurance, health and life cover for individuals and their families, designed with teachers in mind. Teachers Assurance is a mutual friendly society, which means it has no shareholders. The company is owned by, and works for, its members (the people who save and invest in their products). Any profits are shared between members or reinvested to provide services to the

neg: Teachers Assurance Teachers Assurance Teachers Assurance (officially Teachers Provident Society Limited and previously known as the Teachers Group and simply Teachers) is a friendly society in the United Kingdom. The company offers a range of savings, investment home insurance, health and life cover for individuals and their families, designed with teachers in mind. Teachers Assurance is a mutual friendly society, which means it has no shareholders. The company is owned by, and works for, its members (the people who save and invest in their products). Any profits are shared between members or reinvested to provide services to the teaching profession. It was

neg: FMG Insurance FMG Insurance FMG Insurance (formerly Farmers' Mutual Group) is a mutual insurance company in New Zealand that was established from a merger of the Farmers' Mutual Insurance Association, Taranaki Farmers' Mutual Insurance Association and Primary Industries Insurance Company Limited in 1978. The company is incorporated under the Farmers’ Mutual Group Act 2007 and can trace its origins back to the original farmer's fire mutual organisations established in 1905. FMG is currently sponsors of the following organisations: FMG formally held naming rights to Arena 1 in Palmerston North, Arena Manawatu's main outdoor venue. It held naming rights from 2005 until 2015.

neg: North Carolina Mutual Life Insurance Company the growth of the company began. John Merrick was the first president of N. C. Mutual, and he served as such from the company's founding until his death in 1919. After Merrick's death, Dr. Aaron McDuffie Moore became president of the company. He was the first African American in Durham to practice medicine. After becoming president of N. C. Mutual, he devoted his full-time to the company until he died in 1923. When Moore died, Charles Clinton Spaulding took over as president. Spaulding served on the board of trustees at Howard University beginning in 1936. he was active in the

neg: Golden State Mutual Life Insurance Company ability to assume 100% of the Golden State Mutual policies, so that policyholders will be fully protected under the transaction while remaining creditors and investors have a much greater potential to be repaid. Golden State Mutual Life Insurance Company Golden State Mutual Life Insurance Company, once the largest black-owned insurance company in the western United States, was founded by William Nickerson, Jr. with the assistance of Norman Oliver Houston and George Allen Beavers, Jr. In the mid-1920s, when William Nickerson, Jr., an insurance salesman and publisher from Texas, arrived in Los Angeles, he was alarmed to discover that most of

neg: Mutual insurance Mutual insurance A mutual insurance company is an insurance company owned entirely by its policyholders. Any profits earned by a mutual insurance company are either retained within the company or rebated to policyholders in the form of dividend distributions or reduced future premiums. In contrast, a stock insurance company is owned by investors who have purchased company stock; any profits generated by a stock insurance company are distributed to the investors without necessarily benefiting the policyholders. The concept of mutual insurance originated in England in the late 17th century to cover losses due to fire. The mutual/casualty insurance industry began

neg: ARAG SE Nicoll, Hanno Petersen and Joerg Schwarze. The operational insurance companies are subordinate to this executive management level. In the United States, ARAG North America was founded in 1973 as a division of Midwest Mutual Insurance Company and began creating, marketing and administering a new group legal product. In 1989, ARAG purchased the organization and created ARAG Insurance Company. The company began by offering legal insurance as a benefit to employees but expanded over the years to help other affinity organizations provide legal solutions to their customers and members. ARAG North America has a network of more than 11,000 attorneys at

neg: Australian Mutual Provident Society Building for the AMP as its North Queensland regional office. The Australian Mutual Provident Society was formed in 1849 to provide facilities for life assurance on the mutual principle for people in New South Wales. Within fifty years of its inception it was well known for its application of bonuses, and also for the "practice of sustaining policies in force by advancing premiums from the surrender value". On 31 August 1848 Rev William Horatio Walsh, Thomas Holt, Thomas Sutcliffe Mort, Chas Lowe and William Perry met in Sydney to discuss the formation and prospectus of a company to provide life assurance.

neg: North Carolina Mutual Life Insurance Company payments (of about 10 cents) to cover the insured person for the next week. If the person died while insured, the company immediately paid benefits of about 100 dollars. This covered the cost of a suitable funeral, which was a high prestige item in the black community. It began operations in the new tobacco manufacturing city of Durham, North Carolina, and moved north into Virginia and Maryland, then to major northern black urban centers, and then to the rest of the urban South. For much of the 20th century it was the largest company run by African Americans, and it

neg: Herbert Olney North Province. Knighted in 1942, he served until his retirement in 1943. Olney died in Surrey Hills in 1957. Herbert Olney Sir Herbert Horace Olney (26 November 1875 – 20 July 1957) was an Australian politician. He was born in Ballarat to produce merchant Charles Olney and Annie Elizabeth Capp. He attended Ballarat College and became an insurance worker, first for Manchester Fire Insurance and then for Colonial Mutual Fire Insurance. On 11 April 1898 he married Annie Lizette Trudgeon, with whom he had a daughter. He retired from insurance in 1927 and was chairman of a number of company

neg: Wawanesa Insurance Wawanesa Insurance The Wawanesa Mutual Insurance Co. is a Canadian insurance firm. Currently, the company's executive offices are located in Winnipeg, Manitoba, with regional offices across Canada and operations in the United States. The company was established as a farmers' mutual insurance carrier in 1896 in Wawanesa, Manitoba, and was subsequently incorporated by an Act of Parliament on May 1, 1929. It was founded by Alonzo Fowler Kempton, who started the company using money invested by local farmers. After two weeks, Charles Kerr, Alonzo's partner, completed the company's first policy, insuring a thresher for $600 at a premium of $24

neg: Edgemont (Durham, North Carolina) American communities by donating or funding certain areas of the population, such as printing presses for the black newspaper or helping to organize the first Negro Bank. One example that still stands today is the North Carolina Mutual Life Insurance Company, which grew into one of the largest African American insurance companies in the country. African American culture found itself decades ahead of the southern cities in early 20th century Durham due to business generated from the working black community and economic decisions by the owners. The African American dominated neighborhood of Edgemont developed around the new eastern location of

neg: Golden State Mutual Life Insurance Company Golden State Mutual Life Insurance Company Golden State Mutual Life Insurance Company, once the largest black-owned insurance company in the western United States, was founded by William Nickerson, Jr. with the assistance of Norman Oliver Houston and George Allen Beavers, Jr. In the mid-1920s, when William Nickerson, Jr., an insurance salesman and publisher from Texas, arrived in Los Angeles, he was alarmed to discover that most of the 16,000 blacks living in the city were unable to obtain life insurance. Unable to afford an attorney, Nickerson studied law to determine the state's requirements to form a corporation to accommodate this

neg: Insurance in the United States example, a property insurance company may agree to bear the risk that a particular piece of property (e.g., a car or a house) may suffer a specific type or types of damage or loss during a certain period of time in exchange for a fee from the policyholder who would otherwise be responsible for that damage or loss. That agreement takes the form of an insurance policy. The first insurance company in the United States underwrote fire insurance and was formed in Charleston, South Carolina, in 1735. In 1752, Benjamin Franklin helped form a mutual insurance company called the Philadelphia

neg: Manufacturers Mutual Insurance and SafetyNet was later integrated within the mainline businesses. Combrook was never integrated and remained a separate company as Workers' Compensation legislation prohibits insurance companies from also being the rehabilitation provider due to conflict of interest. MMI was listed on the ASX in 1994. It was taken over by Allianz in 1998 though it continued to trade as MMI. The company was rebranded as Allianz Australia in 2000 when the company then ceased. Manufacturers Mutual Insurance The Manufacturers' Mutual Accident Insurance Association Limited was an Australian insurance company founded in 1914 primarily targeting the Workers' Compensation market. It was renamed

neg: Horace Mann Educators Corporation reformer of the same name. Mann himself was not involved with the company. In 1947, Horace Mann began to sell insurance policies outside of Illinois and in 1949, the Horace Mann Life Insurance Company was founded. Horace Mann would later add property insurance. In 1961, the company began selling tax-deferred annuities, and in 2003, it entered the mutual funds business. In 1974, the Insurance Company of North America (INA), a Philadelphia-based insurance and financial services corporation, began increasing its holdings of Horace Mann and by January 1975 had acquired the company. In 1982, INA Corporation merged with Connecticut General Corporation,

neg: John Merrick (insurance) close companions that Duke was more than willing to loan Merrick the money to cover the start up costs of his new company. Together with Dr. Aaron Moore and Charles C. Spaulding, Merrick helped increase the wealth of the “oldest and largest African American life insurance company in the United States”. North Carolina Mutual was hugely successful—the company sold $4,986,344.40 of insurance and conducted business in many southern states across America. The enterprise grew into the “world’s largest Negro business” of the time, making Merrick one of the most successful black men of the time. Merrick's other business ventures brought

neg: Life Insurance Corporation Life Insurance Corporation Life Insurance Corporation of India (LIC) is an Indian state-owned insurance group and investment company headquartered in Mumbai. It is the largest insurance company in India with an estimated asset value of (2016). As of 2013 it had total life fund of ₹1,433,103.14 crore and total number of policies sold coming in at ₹367.82 lakh that year (2012-13). The Life Insurance Corporation of India was founded in 1956 when the Parliament of India passed the Life Insurance of India Act that nationalised the private insurance industry in India. Over 245 insurance companies and provident societies were merged