Industry | Life insurance |
---|---|
Founded | 1901 |
Founder | Abraham Lincoln Lewis |
Headquarters | Jacksonville, Florida |
The Afro-American Life Insurance Company was a historic business based in Jacksonville, Florida. It was founded in 1901 by Abraham Lincoln Lewis and his business associates. [1] The company specialized in helping Black Americans obtain life insurance and mortgages. [2]
Up until the creation of this insurance company, black Americans found it difficult to purchase life insurance, which was unaffordable to most blacks at the time. The insurance company also served as a financial institution as well. The company is responsible for the creation of American Beach in Nassau County, Florida. [3]
With strong competition from other insurance companies in the mid-20th century, the Afro-American Life Insurance Company closed in 1990. [ citation needed ] The building located at 101 E. Union Street, which housed the company has been renovated and served as the offices for Congresswoman Corrine Brown and other businesses.
Boca Raton is a city in Palm Beach County, Florida. It was first incorporated on August 2, 1924, as "Bocaratone," and then incorporated as "Boca Raton" in 1925. The population was 97,422 in the 2020 census, and it was ranked as the 344th largest city in America in 2022. However, approximately 200,000 additional people with a Boca Raton postal address live outside of municipal boundaries, such as in West Boca Raton. As a business center, the city experiences significant daytime population increases. Boca Raton is 45 miles (72 km) north of Miami and is a principal city of the Miami metropolitan area, which had a population of 6,012,331 people as of 2015.
Jacksonville is a city located on the Atlantic coast of northeast Florida, the most populous city proper in the state and is the largest city by area in the contiguous United States as of 2020. It is the seat of Duval County, with which the city government consolidated in 1968. Consolidation gave Jacksonville its great size and placed most of its metropolitan population within the city limits. As of 2020, Jacksonville's population is 949,611, making it the 12th most populous city in the U.S., the most populous city in the Southeast, and the most populous city in the South outside of the state of Texas. With a population of 1,733,937, the Jacksonville metropolitan area ranks as Florida's fourth-largest metropolitan region.
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Abraham Lincoln Lewis (1865–1947) was an influential American businessman who founded the Afro-American Life Insurance Company in Jacksonville, Florida and became the state's first African-American millionaire. He also founded the National Register-listed community of American Beach, founded as a prestigious vacation spot for blacks during the period of racial segregation.
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American Beach is a historic beach community in northeastern Florida once popular with African-American vacationers. It is located north of Jacksonville on Amelia Island in Nassau County. During the time of segregation and the Jim Crow era, African Americans were denied access to many public amenities such as public pools and beaches in order to increase the value of nearby real estate, among other reasons. In view of this Abraham Lincoln Lewis, Florida's first black millionaire and president of the Afro-American Life Insurance Company, founded American Beach as a community that was visited mostly by African Americans, though all were welcome. It contains the American Beach Historic District, a historic district which was listed on the National Register of Historic Places in 2002.
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