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In 1944, Golden State opened an office in Nickerson's home state of Texas. When Nickerson died in 1945, Houston assumed leadership of the company. At that time, Golden State Mutual Life Insurance Company was the seventh largest black insurance firm in the United States and the largest black-owned business west of the Mississippi. [2] [4]
General Casualty Insurance; Global Commercial Credit; Golden State Mutual Life Insurance Company ... Safe Auto Insurance Company; ... Financial Group; Standard ...
The Golden State Mutual African American Art Collection was sold at auction on 4 October 2007 and dispersed. [5] On September 20, 2009, California Insurance Commissioner Steve Poizner placed Golden State Mutual into conservation after its surplus funds dropped below required minimum levels. This occurred after six consecutive years of net ...
In 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail. Between 1870 and 1872, 33 US life insurance companies failed, in part fueled by bad practices and incidents such as the Great Chicago Fire of 1871. 3,800 property-liability and 2,270 life insurance companies were operating in ...
Founder of Golden State Mutual Life Insurance Company William Nickerson Jr. (January 26, 1879 – November 14, 1945) was a prominent Los Angeles–based businessman and founder of Golden State Mutual Life Insurance Company , which at one time was the largest black-owned business west of the Mississippi.
Ohio. Average Annual Premium: $1,023 There is cheap minimum coverage in Ohio, ranking it the No. 1 state for inexpensive car insurance in America, about 40% lower on average than the rest of the ...
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