Black insurance

Forever Black Effusion

“North Carolina Mutual Life Insurance Co.
In 1898, followers of Booker T. Washington’s economic philosophy — Charles Clinton Spaulding, medical doctor Aaron McDuffie Moore, and ex-slave and entrepreneur John Merrick — founded the first black-owned and -managed insurance company, North Carolina Mutual Life Insurance Co. In 1934 it was the nation’s largest black-owned business, and it is still one of the nation’s oldest black-owned businesses today.”
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