Afro-American Life Insurance Company
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Industry | life insurance |
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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]
Background
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.
With strong competition from other insurance companies in the mid-20th century, the Afro-American Life Insurance Company closed its door 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.
References
- ^ "UNF - Thomas G. Carpenter Library - Afro-American Life Insurance Company". www.unf.edu. Retrieved 2017-11-21.
- Financial services companies established in 1901
- Financial services companies disestablished in 1990
- African-American history
- Buildings and structures in Jacksonville, Florida
- History of Jacksonville, Florida
- Insurance companies based in Florida
- Life insurance companies of the United States
- Companies based in Jacksonville, Florida
- Defunct companies based in Florida
- 1901 establishments in Florida
- 1990 disestablishments in Florida
- United States financial services company stubs