21st Century Insurance Story

[insuranceexec]

Theodore Martin Alexander, Sr., 92, known as "Mr. Insurance," at Morehouse College's Martin Luther King, Jr. International Chapel in Atlanta.
A longtime member of the Morehouse College Board of Trustees, the Morehouse grad founded, in 1931, the Alexander & Co. property and casualty insurance brokerage, one of the nation's oldest and most successful agencies owned by a Black.
One of his company's most memorable challenges was the placement of liability insurance on the automobiles used in the Montgomery bus boycott in 1957. White-owned insurance companies cancelled the liability insurance policies on the vehicles used by boycotters, threatening the success of the civil rights action. When the late Rev. Dr. Martin Luther King, Jr. approached him for assistance, Alexander contacted Lloyd's of London Insurance Company and obtained the desperately needed coverage. This bold and daring move enabled the boycott to continue and ultimately achieve its goal.
Survivors include his wife of 26 years, Dr. Lenora Cole-Alexander, two daughters, six grandchildren, eight great-grandchildren and a sister.

Are you related to Al?.....................

 

[arnguy]

I thought that the North Carolina Mutual Life Insurance Company was the most successful black-owned insurance company.

 

[brwright]

They are not exactly dropping everyone. They are transitioning the agent policies to Bristol West. The 21st Century customers will be getting a proposal from Bristol West.

 

[Nazz Utopia]

Per usual, you guys are right. They were part of AIG and are now owned by Farmers which is owned by Zurich. It's funny how 21man left that part out of his story / SPAM.

 

[sainsurance]

Does anyone Like 21st ?

One more spam!!

 

[JasonH]

Does anyone Like 21st ?

I like 21st because they have been raising their rates constantly since they have changed a couple hands so it is very easy to take their business. Their stock is at a whopping $4 per share which makes them look like a very weak a company as well.

 

[sash]

Was a great company until aig got ahold of them and then did what aig does best.

They laid off most of their sales force.
Screwed the rest.
Customer Service is a revolving door.

Now they are owned by farmers who is worse than aig!

Good luck with that!

 

[sarge67]

Can this be moved to the "who gives a crap" section?

Or maybe the "dumb sounding titles" section... "story"? really?

 

[Mr. Bill]

Perhaps the STFU section?

 

[sarge67]

Or maybe the "jameverythingtogetherinverydenselongparagraphssoitsreallyhardtoread" section?