National Insurance Association

National Insurance Association

Formation	1921
Headquarters	Durham, North Carolina
Location	United States
Membership	African American Insurance Companies
Official language	English

The National Insurance Association (NIA) is the largest organization representing African American owned and operated insurance companies.

History

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 president. ^[1]

In the 1948, the name of the organization was changed to the National Insurance Association. ^[2]

Past presidents of the organization include Theodore A. Jones, former director of the Illinois Department of Revenue and George A. Beavers Jr., board chairman of the Golden State Mutual Life Insurance Company. ^[3]

References

1. Weathers, Diane (June 1976). Graves, Earl G. (ed.). Black Enterprise. 6 (11). New York, New York: Earl G. Graves Publishing, Inc.: 111, 113–115, 117, 118, 177, 179, 180.{{cite journal}}: Missing or empty |title= (help)
2. Bibb, Joseph D. (July 17, 1948). "'Negro No More': Insurance Association Drops Term 'Negro' as Obsolete and Ineffectual". Pittsburgh Courier. p. 18.
3. Johnson, John H., ed. (October 1962). "Why negroes buy life insurance:alert insurance association launches sales research program". Ebony. 17 (12). Chicago, Illinois: Johnson Publishing Company, Inc.: 142–144, 146.