In 1808, the New York African Society for Mutual Relief was formally organized to assist widows and orphans, pay burial expenses for its members, and to serve as a brokerage house to buy real estate. The Society was the most successful 19th Century attempt by … Read MoreThe New York African Society for Mutual Relief (1808-1860)
In 1810 The African Insurance Company was created with offices located at 159 Lombard Street in Philadelphia, Pennsylvania. It was the first African American-owned insurance company in the United States. The first president was Joseph Randolph while Cyrus Porter was treasurer and William Coleman was … Read MoreThe African Insurance Company (1810-1813)
Golden State Mutual Life Insurance Company, the largest Black-owned insurance company in the west, was founded by William Nickerson, Jr., Norman Oliver Houston, and George Allen Beavers, Jr. On July 23, 1925, they opened as the Golden State Guarantee Fund Insurance Company in a one-room … Read MoreGolden State Mutual Life Insurance Company
